Veeco reduces board and committee sizes after director retirement; shareholders approve all proposals

VEECO INSTRUMENTS INC

Board reduced from 10 to 9 directors after Peter J. Simone resigned per retirement age policy.
Audit Committee reduced from 5 to 4; Governance Committee reduced from 5 to 4.
Shareholders elected directors Bayless, Hunter, and Nicolaides with overwhelming support.
Advisory vote on executive compensation approved (40.4M for, 1.3M against).
Frequency of advisory vote set at 1 year; ratification of KPMG as auditor approved.

item 5.02 item 5.07

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Peter J. Simone

Director

VECO · VEECO INSTRUMENTS INC

Effective: 2023-05-11
Filed: May 12, 2023, 7:59 PM ET

Peter J. Simone did not stand for election at the 2023 Annual Meeting and, upon the conclusion of the meeting, he resigned from the Board in accordance with the retirement age provisions in Veeco's Corporate Governance Guidelines.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter J. Simone resigned as Director at VEECO INSTRUMENTS INC.

Action: resigned
Role: Director

Exact text from the filing

Peter J. Simone did not stand for election at the 2023 Annual Meeting and, upon the conclusion of the meeting, he resigned from the Board in accordance with the retirement age provisions in Veeco's Corporate Governance Guidelines.

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

VEECO INSTRUMENTS INC shareholders approved Ratification of the appointment of KPMG LLP.

Proposal: auditor ratification
Outcome: passed

Exact text from the filing

4. Ratification of the appointment of KPMG LLP 44,861,720 238,972 11,024 0

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

VEECO INSTRUMENTS INC shareholders approved Approval of the advisory vote on the frequency of holding an advisory vote on executive compensation.

Proposal: say on pay frequency
Outcome: passed

Exact text from the filing

3. Approval of the advisory vote on the frequency of holding an advisory vote on executive compensation 40,586,926 25,132 1,155,138 30,901 3,313,619

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

VEECO INSTRUMENTS INC shareholders approved Election of Directors.

Proposal: director election
Outcome: passed

Exact text from the filing

1. Election of Directors (a) Kathleen A. Bayless 40,832,468 965,629 3,313,619 (b) Gordon Hunter 36,807,734 4,990,363 3,313,619 (c) Lena Nicolaides, Ph.D. 41,245,138 552,959 3,313,619

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

VEECO INSTRUMENTS INC shareholders approved Approval of the advisory vote on executive compensation.

Proposal: say on pay
Outcome: passed

Exact text from the filing

2. Approval of the advisory vote on executive compensation 40,443,500 1,342,203 12,394 3,313,619

View on SEC.gov

Browse all shareholder votes →

VEECO INSTRUMENTS INC filing history →

Source: SEC EDGAR

accession 0001104659-23-059754

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.