Driven Brands Holdings Inc 8-K, filed May 12, 2023
Driven Brands Holdings Inc. (DRVN)
About this 8-K
Driven Brands Holdings Inc filed this 8-K on May 12, 2023, reporting on events of May 8, 2023.
Items reported
- Item 5.07: Shareholder vote results
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| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
On May 8, 2023, Driven Brands Holdings Inc. (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”). The matters voted upon at the Annual Meeting and the final results of such voting are set forth below. A more complete description of each proposal is set forth in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 29, 2023.
| Proposal 1. | Election of Directors |
The Company’s stockholders duly elected Chadwick Hume, Karen Stroup and Peter Swinburn, by a plurality of the votes cast, to serve as Class III directors until the 2026 annual meeting of stockholders and until his or her successor is elected and qualified. The results of the voting were as follows:
| Director |
Votes For | Votes Withheld | ||
| Chadwick Hume |
153,850,276 | 4,277,343 | ||
| Karen Stroup |
154,706,022 | 3,421,597 | ||
| Peter Swinburn |
127,128,452 | 30,999,167 |
| Proposal 2. | Advisory Vote to Approve the Compensation of Our Named Executive Officers |
The Company’s stockholders approved, on a non-binding, advisory basis, the executive compensation of the Company’s named executive officers for 2022. The results of the voting were as follows:
| Votes For |
Votes Against |
Abstentions | ||
| 144,399,500 | 13,638,411 | 89,708 |
| Proposal 3. | Ratification of the Appointment of PricewaterhouseCoopers LLP as our Independent Registered Public Accounting Firm for the Fiscal Year Ending December 30, 2023 |
The Company’s stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent public accounting firm for the fiscal year ending December 30, 2023. The results of the voting were as follows:
| Votes For |
Votes Against |
Abstentions | ||
| 161,159,070 | 12,701 | 118,551 |
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.
| DRIVEN BRANDS HOLDINGS INC. | ||||||
| Date: May 12, 2023 | By: | /s/ Scott O’Melia | ||||
| Name: | Scott O’Melia | |||||
| Title: | Executive Vice President, General Counsel and Secretary | |||||