Arrow Electronics, Inc 8-K, filed May 14, 2021
Arrow Electronics, Inc. (ARW)
About this 8-K
Arrow Electronics, Inc filed this 8-K on May 14, 2021, reporting on events of May 12, 2021.
Items reported
- Item 5.07: Shareholder vote results
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
At the 2021 Annual Meeting of Shareholders of Arrow Electronics, Inc. (the “Company”) held on May 12, 2021 (the “Annual Meeting”), three proposals were submitted to the Company’s shareholders. The proposals are described in detail in the Company’s proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on April 1, 2021 (the “Proxy Statement”). As of the record date for the Annual Meeting, there were a total of 74,167,586 shares of common stock outstanding and entitled to vote at the Annual Meeting. There were 67,167,562 shares of common stock represented in person or by proxy at the Annual Meeting and, therefore, a quorum was present.
Proposal 1 — Election of directors for the ensuing year
The Company’s shareholders elected 11 directors to hold office for a term of one year ending at the 2022 Annual Meeting of Shareholders. The voting results for each nominee were as follows:
| Board Member | For | Withheld | Broker Non-votes | |||||||||
| Barry W. Perry | 61,213,009 | 4,181,320 | 1,773,233 | |||||||||
| William F. Austen | 64,941,627 | 452,702 | 1,773,233 | |||||||||
| Steven H. Gunby | 63,756,937 | 1,637,392 | 1,773,233 | |||||||||
| Gail E. Hamilton | 61,387,470 | 4,006,859 | 1,773,233 | |||||||||
| Richard S. Hill | 61,101,311 | 4,293,018 | 1,773,233 | |||||||||
| M.F. (Fran) Keeth | 60,880,249 | 4,514,080 | 1,773,233 | |||||||||
| Andrew C. Kerin | 59,973,138 | 5,421,191 | 1,773,233 | |||||||||
| Laurel J. Krzeminski | 65,230,828 | 163,501 | 1,773,233 | |||||||||
| Michael J. Long | 58,978,601 | 6,415,728 | 1,773,233 | |||||||||
| Stephen C. Patrick | 60,709,867 | 4,684,462 | 1,773,233 | |||||||||
| Gerry P. Smith | 62,567,945 | 2,826,384 | 1,773,233 | |||||||||
Proposal 2 — Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021
The Company’s shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm. The appointment was ratified with 62,887,148 shares voting for, 4,257,927 shares voting against, and 22,487 shares abstaining.
Proposal 3 — Advisory vote on named executive officer compensation
The Company’s shareholders approved, on an advisory basis, the compensation paid to the Company’s named executive officers, as described in the Proxy Statement. The proposal was passed by the shareholders with 60,182,477 shares in favor, 5,138,444 shares against, 73,408 shares abstaining, and 1,773,233 broker non-votes.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ARROW ELECTRONICS, INC. | ||
| Date: May 14, 2021 | By: | /s/ Carine Jean-Claude |
| Name: | Carine Jean-Claude | |
| Title: | Vice President, Interim Chief Legal Officer, and Corporate Secretary | |