8-K
filed January 30, 2023, 6:59 PM ET
ticker NJR
CIK 0000356309
other material
confidence high
sentiment neutral
materiality 0.10
New Jersey Resources annual meeting results: directors elected, say-on-pay approved
NEW JERSEY RESOURCES CORP
- Shareowners elected Michael O'Sullivan for a 2-year term; Kenny, Taylor, Westhoven re-elected for 3-year terms.
- Non-binding advisory vote on executive compensation approved (71.2M for vs 1.6M against).
- One-year frequency for say-on-pay vote approved with 69.4M votes for every year.
- Ratification of Deloitte & Touche as auditor for FY2023 approved (82.0M for, 1.3M against, 0.2M abstain).
- Board determined to continue annual advisory vote on executive compensation based on shareholder preference.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NEW JERSEY RESOURCES CORP shareholders approved Advisory vote on the frequency of future say-on-pay votes (one year) at the 2023-01-25 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-01-25
Exact text from the filing
Item 3 : The Company’s shareowners approved a one-year frequency for the non-binding shareowner vote to approve the compensation of our named executive officers, by the votes set forth in the table below: Every Year Every Two Years Every Three Years Abstain 69,350,408 377,897 2,872,763 664,425
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NEW JERSEY RESOURCES CORP shareholders approved Election of four directors for terms expiring in 2025 or 2026 at the 2023-01-25 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-01-25
Exact text from the filing
Michael A. O’Sullivan was elected for a two-year term expiring in 2025, and until his successor is elected and has been qualified; Jane M. Kenny, Sharon C. Taylor and Stephen D. Westhoven have each been re-elected for a three-year term expiring in 2026, and until their respective successors are elected and have been qualified, by the votes set forth in the table below: Nominee For Withheld Broker Non-Votes Michael A. O’Sullivan 72,860,840 404,653 10,314,342 Jane M. Kenny 70,480,144 2,785,349 10,314,342 Sharon C. Taylor 72,474,953 790,540 10,314,342 Stephen D. Westhoven 72,715,440 550,053 10,314,342
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NEW JERSEY RESOURCES CORP shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm at the 2023-01-25 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-01-25
Exact text from the filing
Item 4 : The Company’s shareowners ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023, by the votes set forth in the table below: For Against Abstain Broker Non-Votes 82,019,121 1,313,155 247,559 -0-
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NEW JERSEY RESOURCES CORP shareholders approved Advisory resolution approving the compensation of the Company’s named executive officers at the 2023-01-25 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-01-25
Exact text from the filing
Item 2 : The Company’s shareowners approved a non-binding advisory resolution approving the compensation of the Company’s named executive officers, by the votes set forth in the table below: For Against Abstain Broker Non-Votes 71,235,427 1,598,384 431,682 10,314,342
View on SEC.gov
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