8-K
filed May 24, 2023, 7:59 PM ET
ticker EWBC
CIK 0001069157
other
confidence high
sentiment neutral
materiality 0.15
East West Bancorp stockholders elect all 10 directors, approve say-on-pay at annual meeting
EAST WEST BANCORP INC
- All 10 director nominees elected with large majorities; Paul H. Irving received 105.6M votes for (lowest among nominees).
- Say-on-pay approved with 96.43% of votes cast (115.7M for, 4.1M against).
- Advisory vote on frequency: 97.74% favored annual say-on-pay; board affirms annual frequency.
- KPMG ratified as auditor for fiscal 2023 with 99.42% of votes cast (126.5M for).
- Shareholder turnout was 90.01% (127.3M shares represented).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
EAST WEST BANCORP INC shareholders approved Advisory Vote to Approve Executive Compensation at the 2023-05-23 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
Proposal 2: Advisory Vote to Approve Executive Compensation The advisory vote to approve the Company’s executive compensation (“say-on-pay”) for 2022 was approved by the Company’s stockholders by the vote set forth in the table below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
EAST WEST BANCORP INC shareholders approved Ratification of Auditors at the 2023-05-23 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
Proposal 4: Ratification of Auditors The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 by the vote set forth in the table below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
EAST WEST BANCORP INC shareholders approved Election of ten director nominees at the 2023-05-23 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
Proposal 1: Election of Directors The Company’s stockholders elected the ten director nominees named in the 2023 Proxy Statement for a one-year term until the 2024 annual meeting of stockholders and to serve until his or her successor is elected and qualified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
EAST WEST BANCORP INC shareholders approved Advisory Vote on Frequency of Stockholder Say-on-Pay at the 2023-05-23 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-23
Exact text from the filing
Proposal 3: Advisory Vote on Frequency of Stockholder Say-on-Pay The advisory vote regarding the frequency of future say-on-pay votes was in favor of annual say-on-pay votes by the vote set forth in the table below:
View on SEC.gov
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