8-K
filed June 9, 2023, 7:59 PM ET
ticker GIC
CIK 0000945114
other material
confidence high
sentiment neutral
materiality 0.15
Global Industrial Company reports annual meeting voting results; all director nominees elected
GLOBAL INDUSTRIAL Co
- All 8 director nominees elected with substantial support; broker non-votes ranged from 1.29M to 1.29M.
- Ratification of Ernst & Young as auditor for FY2023 approved: 36.3M for, 19.5k against, 3.1k abstain.
- Advisory vote on executive compensation passed: 34.3M for, 704.7k against, 6.5k abstain.
- Stockholders voted for annual say-on-pay frequency (33.97M for 1 year); company will hold annual votes.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
GLOBAL INDUSTRIAL Co shareholders approved Advisory (non-binding) vote on the frequency of future advisory votes on executive compensation at the 2023-06-05 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-06-05
Exact text from the filing
4. Advisory (non-binding) vote regarding the frequency of future advisory votes on executive compensation. 1 Year 2 Years 3 Years Abstain 33,973,894 5,558 1,048,815 2,789
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
GLOBAL INDUSTRIAL Co shareholders approved To ratify the appointment of Ernst & Young LLP as the Company's independent auditor for fiscal year 2023 at the 2023-06-05 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-05
Exact text from the filing
2. Ratification of the appointment of Ernst & Young LLP as the Company's independent auditor for fiscal year 2023. For Against Abstain Broker Non-Votes 36,294,392 19,511 3,125 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
GLOBAL INDUSTRIAL Co shareholders approved Advisory (non-binding) vote to approve the compensation of the Company's named executive officers at the 2023-06-05 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-05
Exact text from the filing
3. Advisory (non-binding) vote to approve the compensation of the Company's named executive officers. For Against Abstain Broker Non-Votes 34,319,789 704,720 6,547 1,285,972
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
GLOBAL INDUSTRIAL Co shareholders approved To elect eight directors to serve until the next annual meeting of stockholders or until their successors are duly elected and qualify at the 2023-06-05 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-05
Exact text from the filing
1. Election of Directors. Name For Withheld Broker Non-Votes Richard B. Leeds 31,598,721 3,432,335 1,285,972 Bruce Leeds 31,604,275 3,426,781 1,285,972 Robert Leeds 31,584,437 3,446,619 1,285,972 Barry Litwin 31,931,854 3,099,202 1,285,972 Chad M. Lindbloom 34,092,007 939,049 1,285,972 Paul S. Pearlman 34,095,458 935,598 1,285,972 Robert D. Rosenthal 30,532,821 4,498,235 1,285,972 Thomas R. Suozzi 34,774,337 256,719 1,285,972
View on SEC.gov
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