UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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This Current Report on Form 8-K is filed by CBRE Group, Inc., a Delaware corporation (the “Company”), in connection with the matters described herein.
Item 5.07 | Submission of Matters to a Vote of Security Holders. |
(a) | The Company held its annual meeting of stockholders (the “Annual Meeting”) on May 17, 2023. |
(b) | The voting results from the Annual Meeting were as follows: |
1. | Each of the following 11 directors was elected to our Board of Directors, to serve until the next annual meeting of stockholders in 2024 or until their respective successors are elected and qualified. Each director received the number of votes set forth below. For each director, there were 8,090,976 broker non-votes. |
Name | For | Against | Abstain | |||||||||
Brandon B. Boze |
275,330,701 | 2,603,919 | 363,495 | |||||||||
Beth F. Cobert |
271,210,316 | 6,727,493 | 360,306 | |||||||||
Reginald H. Gilyard |
263,300,315 | 14,625,525 | 372,275 | |||||||||
Shira D. Goodman |
275,439,441 | 2,490,501 | 368,173 | |||||||||
E.M. Blake Hutcheson |
274,442,845 | 3,493,455 | 361,815 | |||||||||
Christopher T. Jenny |
256,416,595 | 21,502,253 | 379,267 | |||||||||
Gerardo I. Lopez |
268,179,414 | 9,741,424 | 377,277 | |||||||||
Susan Meaney |
270,561,779 | 7,367,037 | 369,299 | |||||||||
Oscar Munoz |
269,711,106 | 8,218,465 | 368,544 | |||||||||
Robert E. Sulentic |
277,127,067 | 810,119 | 360,929 | |||||||||
Sanjiv Yajnik |
275,448,567 | 2,471,419 | 378,129 |
2. | The ratification of the appointment of KPMG LLP as our independent registered public accounting firm for 2023 was approved by a vote of 281,103,496 shares in favor, 4,978,353 shares against and 307,242 shares abstaining. There were no broker non-votes on this proposal. |
3. | The advisory approval of named executive officer compensation for the fiscal year ended December 31, 2022 was approved by a vote of 259,076,463 shares in favor, 18,919,648 shares against and 302,004 shares abstaining. There were 8,090,976 broker non-votes on this proposal. |
4. | The advisory vote on the frequency of future advisory votes on the Company’s named executive compensation was held and the frequency that received the most votes was 1 year. The results of the vote were as follows: 274,446,895 shares in favor of 1 year, 15,006 shares in favor of 2 years, 3,751,022 shares in favor of 3 years and 85,192 shares abstaining. There were 8,090,976 broker non-votes on this proposal. In light of the voting results with respect to the frequency of stockholder votes on executive compensation, our Board of Directors has decided that the Company will hold an annual advisory vote on the compensation of named executive officers. |
5. | The stockholder proposal regarding executive stock ownership retention was not approved. This stockholder proposal received a vote of 72,657,122 shares in favor, 205,241,403 shares against and 399,590 shares abstaining. There were 8,090,976 broker non-votes on this proposal. |
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 22, 2023 | CBRE GROUP, INC. | |||||
By: | /s/ EMMA E. GIAMARTINO | |||||
Emma E. Giamartino | ||||||
Chief Financial Officer |