The Andersons, Inc. Reports Director Changes and Compensation

Ticker: ANDE · Form: 8-K · Filed: May 13, 2024 · CIK: 821026

Sentiment: neutral

Topics: corporate-governance, officer-changes, director-changes

Related Tickers: ANDE

TL;DR

Andersons (ANDE) filed an 8-K detailing director changes and executive compensation updates.

AI Summary

The Andersons, Inc. filed an 8-K on May 13, 2024, reporting on events from May 9, 2024. The filing covers the departure of directors, election of new directors, appointment of officers, and details on compensatory arrangements. It also includes information on matters submitted to a vote of security holders and financial statements/exhibits.

Why It Matters

This filing indicates potential shifts in the company's leadership and governance structure, which could influence strategic decisions and operational direction.

Risk Assessment

Risk Level: low — The filing is routine corporate governance and disclosure, not indicating immediate financial distress or significant operational risk.

Key Players & Entities

FAQ

What specific director departures were reported?

The filing indicates the departure of directors, but does not name them in the provided excerpt.

Were any new directors elected?

Yes, the filing states the election of directors as an item reported.

What is the date of the earliest event reported?

The earliest event reported is dated May 9, 2024.

What is the company's fiscal year end?

The company's fiscal year ends on December 31.

What is the SIC code for The Andersons, Inc.?

The Standard Industrial Classification code is 5150, for Wholesale-Farm Product Raw Materials.

Filing Stats: 657 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2024-05-13 14:08:04

Key Financial Figures

Filing Documents

07 Submission of Matters to a Vote

Item 5.07 Submission of Matters to a Vote The Annual Meeting of Shareholders (the "Annual Meeting") of The Andersons, Inc (the "Company") was held on May 9, 2024. At the Annual Meeting, shareholders of the Company voted on the following proposals and cast their votes as described below. Proposal 1 - The individuals listed below were elected at the Annual Meeting to serve as directors of the Company until the next Annual Meeting and until their successors are duly elected and qualified: For Withheld Broker Non-Vote Patrick E. Bowe 28,512,294 449,522 3,173,691 Gerard M. Anderson 27,085,583 1,876,233 3,173,691 Steven K. Campbell 28,705,421 256,395 3,173,691 Gary A. Douglas 28,718,935 242,881 3,173,691 Pamela S. Hershberger 27,810,043 1,151,773 3,173,691 Catherine M. Kilbane 25,195,777 3,766,039 3,173,691 Robert J. King, Jr. 28,430,779 531,037 3,173,691 Ross W. Manire 28,298,939 662,877 3,173,691 John T. Stout, Jr. 28,436,117 525,699 3,173,691 Proposal 2 - An advisory resolution to approve executive compensation was approved. For Against Abstained Broker Non-Vote 28,253,215 522,508 186,093 3,173,691 Proposal 3 - A management proposal to ratify the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2024 was approved. For Against Abstained 31,849,002 266,482 20,023

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits: Exhibit No. Description 104 Inline XBRL for the cover page of this Current Report on Form 8-K

SIGNATURES

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 Andersons, Inc. May 13, 2024 By: /s/ Christine M. Castellano Christine M. Castellano Executive Vice President, General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR

View on Read The Filing