A.O. Smith Corporation
SMITH A O CORP (Form: 8-K, Received: 04/12/2011 11:23:02)

 

 

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, 2011

 

 

A. O. Smith Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-475   39-0619790

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

11270 West Park Place, Milwaukee, Wisconsin 53224-9508

(Address of principal executive offices, including zip code)

(414) 359-4000

(Registrant’s telephone number)

 

 

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 (see General Instruction A.2. below):

 

¨ Written communication 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 204.14a-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 13-e4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 11, 2011, the Board of Directors of A. O. Smith Corporation (the “Company”) elected John J. Kita Executive Vice President and Chief Financial Officer of the Company effective May 1, 2011. Mr. Kita, age 55, has served as Senior Vice President, Corporate Finance and Controller since 2006. Mr. Kita originally joined the Company as Assistant Treasurer in 1988 and was elected Treasurer and Controller in 1995 and Vice President, Treasurer and Controller in 1996.

Item 5.07. Submission of Matters to a Vote of Security Holders.

The Company held its Annual Meeting of Stockholders on April 11, 2011 for the purposes of the election of the Company’s Board of Directors, the ratification of the appointment of Ernst & Young LLP as our independent registered public accounting firm for the Company for the fiscal year ending December 31, 2011, holding an advisory vote to approve the compensation of the Company’s named executive officers and holding an advisory vote on the frequency of future advisory votes on the compensation of the Company’s named executive officers.

The voting results for the election of the Company’s Board of Directors were as follows:

 

Class A Common Stock Directors

   For      Authority
Withheld
     Broker
Non-Vote
 

Ronald D. Brown

     5,861,573         444         0   

William P. Greubel

     5,861,573         444         0   

Paul W. Jones

     5,861,573         444         0   

Mathias F. Sandoval

     5,861,573         444         0   

Bruce M. Smith

     5,861,573         444         0   

Mark D. Smith

     5,861,573         444         0   

Common Stock Directors

   For      Authority
Withheld
     Broker
Non-Vote
 

Gloster B. Current, Jr.

     31,694,118         687,749         3,267,913   

Robert J. O’Toole

     31,693,906         687,960         3,267,913   

Idelle K. Wolf

     31,693,883         687,984         3,267,913   

Gene C. Wulf

     31,694,118         687,749         3,267,913   

The voting results for the ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2011 were as follows:

 

     Class A Common
Stock Votes
     Common Stock
Votes
     Total Votes (A Votes and
1/10 th  Common Stock Votes)
 

FOR

     5,861,573         34,568,230         9,318,396   

AGAINST

     15         1,061,035         106,119   

ABSTAIN

     429         20,514         2,480   

 

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The voting results on the advisory vote to approve the compensation of the Company’s named executive officers were as follows:

 

     Class A Common
Stock Votes
     Common Stock
Votes
     Total Votes (A Votes and
1/10 th  Common Stock Votes)
 

FOR

     5,862,002         28,948,393         8,756,841   

AGAINST

     15         2,762,761         276,291   

ABSTAIN

     0         670,712         67,071   

BROKER NON-VOTES

     0         3,267,913         326,791   

The voting results of the advisory vote on the frequency of future advisory votes on the compensation of the Company’s named executive officers were as follows:

 

     Class A Common
Stock Votes
     Common Stock
Votes
     Total Votes (A Votes and
1/10 th  Common Stock Votes)
 

1 YEAR

     5,861,731         27,275,283         8,589,259   

2 YEARS

     67         48,663         4,933   

3 YEARS

     219         4,386,613         438,880   

ABSTAIN

     0         671,308         67,131   

BROKER NON-VOTES

     0         3,267,913         326,791   

The Board of Directors has considered these results and determined that the Company will hold an advisory vote to approve the compensation of its named executive officers every year until the next required vote on the frequency of advisory votes on the compensation of the Company’s named executive officers.

 

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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.

 

    A. O. SMITH CORPORATION
Date: April 12, 2011     By:  

/s/ James F. Stern

     

James F. Stern

Executive Vice President,

General Counsel and Secretary

 

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