Form 8-K

 

 

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) – April 11, 2017

 

 

THE BANK OF NEW YORK MELLON CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-35651   13-2614959

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

225 Liberty Street

New York, New York

  10286
(Address of principal executive offices)   (Zip code)

Registrant’s telephone number, including area code – (212) 495-1784

N/A

(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:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

At the Annual Meeting of Stockholders of The Bank of New York Mellon Corporation (“BNY Mellon”) on April 11, 2017, each nominee for director was elected by a majority of votes cast (proposal 1). In addition, stockholders approved, on an advisory basis, the 2016 compensation of BNY Mellon’s named executive officers (proposal 2); voted, on an advisory basis, to have future say-on-pay votes on an annual basis (proposal 3); and ratified the appointment of KPMG LLP as BNY Mellon’s independent auditor for 2017 (proposal 4). The stockholders did not approve the stockholder proposal regarding a proxy voting review report (proposal 5). Each of the matters is described in detail in BNY Mellon’s definitive proxy statement, dated March 10, 2017 filed with the Securities and Exchange Commission. Abstentions and broker non-votes were counted for purposes of determining whether a quorum was present, but were not treated as votes cast, did not have the effect of a vote for or against a director’s election, for or against a proposal or for any particular voting option, and were not counted in determining the number of votes required for approval or election.

The results are as follows:

 

1. The election of 13 directors for a term expiring at the end of our 2018 Annual Meeting of Stockholders:

 

Name of Director

  

For

  

Against

  

Abstained

  

Broker Non-Vote

Linda Z. Cook

   820,739,623    7,662,930    1,771,011    79,245,781

Nicholas M. Donofrio

   820,019,507    8,280,461    1,873,596    79,245,781

Joseph J. Echevarria

   814,604,285    13,630,979    1,938,300    79,245,781

Edward P. Garden

   821,437,238    6,887,264    1,849,062    79,245,781

Jeffrey A. Goldstein

   817,089,681    11,254,559    1,829,324    79,245,781

Gerald L. Hassell

   809,752,864    17,570,755    2,849,945    79,245,781

John M. Hinshaw

   824,411,252    3,899,556    1,862,756    79,245,781

Edmund F. Kelly

   821,830,150    6,553,377    1,790,037    79,245,781

John A. Luke, Jr.

   819,384,068    8,868,699    1,920,797    79,245,781

Jennifer B. Morgan

   825,480,076    2,897,752    1,795,736    79,245,781

Mark A. Nordenberg

   819,372,798    9,023,210    1,777,556    79,245,781

Elizabeth E. Robinson

   822,915,353    5,556,657    1,701,554    79,245,781

Samuel C. Scott III

   819,255,236    9,027,697    1,890,631    79,245,781

 

2. Advisory resolution to approve the 2016 compensation of BNY Mellon’s named executive officers:

 

For

 

Against

 

Abstained

 

Broker Non-Vote

809,177,953   16,643,477   4,352,134   79,245,781
97.98%   2.02%   *   *

 

2


3. Advisory vote recommending the frequency with which BNY Mellon should conduct a say-on-pay vote:

 

1 Year

 

2 Years

 

3 Years

 

Abstained

 

Broker Non-Vote

753,985,610   2,071,735   70,806,756   3,309,463   79,245,781
91.19%   0.25%   8.56%   *   *

In accordance with the Board of Directors’ recommendation and the voting results on this advisory proposal, the Board of Directors has decided that it will include an advisory say-on-pay vote in BNY Mellon’s proxy statement every year until the next required advisory vote on the frequency of say-on-pay, which will occur no later than BNY Mellon’s Annual Meeting of Stockholders in 2023.

 

4. Ratification of the appointment of KPMG LLP as BNY Mellon’s independent auditor for 2017:

 

For

 

Against

 

Abstained

 

Broker Non-Vote

898,268,570   9,372,201   1,778,574   —  
98.97%   1.03%   *   *

 

5. Stockholder proposal regarding a proxy voting review report:

 

For

 

Against

 

Abstained

 

Broker Non-Vote

52,010,653   745,914,401   32,248,510  

79,245,781

6.52%   93.48%   *   *

 

* Abstentions and broker non-votes were not counted as votes cast.

 

3


SIGNATURES

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.

 

    The Bank of New York Mellon Corporation
                    (Registrant)
Date: April 11, 2017     By:  

/s/ Craig T. Beazer

    Name:   Craig T. Beazer
    Title:   Secretary