Current Report Filing (8-k)
February 21 2017 - 8:01AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 14, 2017
NAVISTAR INTERNATIONAL CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware
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1-9618
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36-3359573
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(State or other jurisdiction of
incorporation or organization)
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(Commission
File No.)
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(I.R.S. Employer
Identification No.)
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2701 Navistar Drive
Lisle, Illinois
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60532
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code: (331) 332-5000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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ITEM 5.07
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SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
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Navistar International Corporation (the
Company) held its 2017 Annual Meeting of Stockholders (the Annual Meeting) on February 14, 2017. Set forth below is a brief description of each matter voted upon at the Annual Meeting and the voting results with respect
to each matter.
Proposal 1
. The following nominees were elected to the Board of Directors of the Company (the Board) to serve a
one-year term expiring at the 2018 Annual Meeting of Stockholders and until their successors are duly elected and qualified. There were no abstentions with respect to this matter. There were 3,837,883 broker non-votes with respect to this matter.
The results of the voting for the election of directors were as follows:
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Nominee
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Votes For
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Votes Withheld
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Troy A. Clarke
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72,697,940
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694,695
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Jose Maria Alapont
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72,549,452
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843,183
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Stephen R. DArcy
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72,554,709
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837,926
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Vincent J. Intrieri
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72,608,589
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784,046
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General (Retired) Stanley A. McChrystal
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72,554,490
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838,145
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Samuel J. Merksamer
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69,857,881
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3,534,754
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Mark H. Rachesky
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69,846,215
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3,546,420
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Michael F. Sirignano
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72,475,555
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917,080
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Dennis A. Suskind
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72,593,278
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799,357
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The remaining director who did not stand for election at the Annual Meeting and whose term of office as a director continued
after such meeting is Dennis D. Williams. Mr. Williams fills a seat that is appointed by the United Automobiles, Aerospace and Agricultural Implement Workers of America (the UAW) and is not elected by stockholders. His term of
office continues until his removal by the UAW.
Proposal 2
. The Companys stockholders approved the non-binding advisory vote on executive
compensation. The results of the voting on the non-binding advisory vote on executive compensation were as follows:
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Votes For
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Votes Against
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Votes
Abstained
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Broker
Non-Vote
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70,822,201
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2,303,689
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266,745
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3,837,883
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Proposal 3.
The Companys stockholders approved, in a non-binding advisory vote, a preferred frequency of once
every year for the stockholder non-binding advisory vote on executive compensation.
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Votes For 1 Year
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Votes For 2 Years
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Votes
For 3 Years
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Votes
Abstained
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Broker
Non-Vote
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70,820,914
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64,670
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2,481,764
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25,287
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3,837,883
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Proposal 4
. The Companys stockholders approved the ratification of the appointment of KPMG LLP as the
Companys independent registered public accounting firm for the fiscal year ending October 31, 2017. The results of the voting for the ratification of the appointment of KPMG LLP as the Companys independent registered public
accounting firm for the fiscal year ending October 31, 2017 were as follows:
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Votes For
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Votes Against
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Votes
Abstained
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Broker
Non-Vote
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76,524,715
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667,020
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38,783
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0
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On February 21, 2017, the Company issued a press release announcing that following
the Annual Meeting on February 14, 2017, the Board elected Troy A. Clarke, the Companys President and Chief Executive Officer, as Chairman of the Board and also elected General (Retired) Stanley A. McChrystal as the Independent Lead
Director. A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
The Company has determined that it will
continue to hold the stockholder non-binding advisory vote on executive compensation once every year.
ITEM 9.01
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FINANCIAL STATEMENTS AND EXHIBITS
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(d) Exhibits
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Exhibit
No.
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Description
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99.1
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Press Release, dated February 21, 2017, Navistars Board of Directors Elects Troy A. Clarke as Chairman
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Forward Looking Statements
Information provided and statements contained in this report that are not purely historical are forward-looking statements within the meaning of the federal
securities laws. Such forward-looking statements only speak as of the date of this report and the company assumes no obligation to update the information included in this report. Such forward-looking statements include information concerning our
possible or assumed future results of operations, including descriptions of our business strategy. These statements often include words such as believe, expect, anticipate, intend, plan, estimate, or similar expressions. These statements are not
guarantees of performance or results and they involve risks, uncertainties, and assumptions. For a further description of these factors, see the risk factors set forth in our filings with the Securities and Exchange Commission, including our annual
report on Form 10-K for the fiscal year ended October 31, 2016. Although we believe that these forward-looking statements are based on reasonable assumptions, there are many factors that could affect our actual financial results or results of
operations and could cause actual results to differ materially from those in the forward-looking statements. All future written and oral forward-looking statements by us or persons acting on our behalf are expressly qualified in their entirety by
the cautionary statements contained or referred to above. Except for our ongoing obligations to disclose material information as required by the federal securities laws, we do not have any obligations or intention to release publicly any revisions
to any forward looking statements to reflect events or circumstances in the future or to reflect the occurrence of unanticipated events.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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NAVISTAR INTERNATIONAL CORPORATION
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(Registrant)
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By:
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/s/ Walter G. Borst
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Name:
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Walter G. Borst
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Title:
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Executive Vice President and Chief Financial Officer
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Dated: February 21, 2017
EXHIBIT INDEX
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Exhibit
No.
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Description
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99.1
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Press Release, dated February 21, 2017, Navistars Board of Directors Elects Troy A. Clarke as Chairman
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