8-K
filed May 11, 2023, 7:59 PM ET
ticker KWR
CIK 0000081362
other material
confidence high
sentiment positive
materiality 0.15
Quaker Chemical shareholders elect directors and approve executive compensation at 2023 annual meeting
QUAKER CHEMICAL CORP
- Shareholders elected Charlotte C. Decker, Ramaswami Seshasayee, and Andrew E. Tometich as directors with terms until 2026.
- Advisory vote on executive compensation approved with 16,304,939 for and 552,557 against.
- Shareholders preferred an annual advisory vote on executive compensation (11,861,009 votes for 1 year), despite board recommendation of three years.
- Approved the 2023 Director Stock Ownership Plan with 16,791,991 votes for.
- Ratified PricewaterhouseCoopers LLP as independent auditor for fiscal 2023 with 17,076,547 votes for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
QUAKER CHEMICAL CORP shareholders approved Advisory Vote on the Frequency of the Advisory Vote on Compensation of the Company’s Named Executive Officers at the 2023-05-10 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-10
Exact text from the filing
The Company’s shareholders indicated their preference, on a non-binding basis, that the advisory vote on executive compensation be held every year. The Board of Directors of the Company (the “Board”) had recommended that the advisory vote on executive compensation be held every three years. The results of the vote were as follows: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 11,861,009 60,357 4,508,887 440,059 380,670
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
QUAKER CHEMICAL CORP shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm for Fiscal Year 2023 at the 2023-05-10 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-10
Exact text from the filing
The shareholders voted to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year 2023. The results of the vote were as follows: For Against Abstain 17,076,547 163,716 10,719
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
QUAKER CHEMICAL CORP shareholders approved Approval of the 2023 Director Stock Ownership Plan at the 2023-05-10 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-05-10
Exact text from the filing
The shareholders voted to approve the 2023 Director Stock Ownership Plan (the “Plan”) as described in and as included as an appendix to the 2023 Proxy Statement. The results of the vote were as follows: For Against Abstain Broker Non-Votes 16,791,991 61,117 17,204 380,670
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
QUAKER CHEMICAL CORP shareholders approved Election of Directors at the 2023-05-10 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-10
Exact text from the filing
The shareholders elected three directors to serve a three-year term until the 2026 annual meeting of shareholders and until their respective successors are duly elected and qualified. The results of the vote were as follows: Directors For Against Abstain Broker Non-Votes Charlotte C. Decker 12,904,987 3,939,238 26,087 380,670 Ramaswami Seshasayee 14,977,257 1,866,138 26,917 380,670 Andrew E. Tometich 15,159,570 1,690,557 20,185 380,670
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
QUAKER CHEMICAL CORP shareholders approved Advisory Vote on Compensation of the Company’s Named Executive Officers at the 2023-05-10 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-10
Exact text from the filing
The Company’s shareholders approved, on a non-binding basis, the Company’s compensation of its named executive officers as described in the Compensation Discussion and Analysis section and the accompanying compensation tables and narrative disclosures contained in the Company’s Proxy Statement for the 2023 Annual Meeting (the “2023 Proxy Statement”). The results of the vote were as follows: For Against Abstain Broker Non-Votes 16,304,939 552,557 12,816 380,670
View on SEC.gov
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