Brink's Company Reports Director Changes and Officer Appointments
Ticker: BCO · Form: 8-K · Filed: May 3, 2024 · CIK: 78890
| Field | Detail |
|---|---|
| Company | Brinks CO (BCO) |
| Form Type | 8-K |
| Filed Date | May 3, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-appointment, director-change
Related Tickers: BCO
TL;DR
Brink's is shuffling its board and execs, filing an 8-K with key changes.
AI Summary
On May 2, 2024, The Brink's Company filed an 8-K report detailing several key events. These include the departure of director Robert L. Vest, the election of new directors, and the appointment of new officers. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits.
Why It Matters
Changes in board composition and executive leadership can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance matters such as director changes and officer appointments, which are standard for public companies.
Key Players & Entities
- BRINKS CO (company) — Registrant
- Robert L. Vest (person) — Departing Director
- Virginia (location) — State of Incorporation
- May 2, 2024 (date) — Date of Earliest Event Reported
FAQ
Who is the departing director mentioned in the filing?
Robert L. Vest is the departing director mentioned in the filing.
What is the exact date of the earliest event reported?
The date of the earliest event reported is May 2, 2024.
What is the company's state of incorporation?
The company's state of incorporation is Virginia.
What are the main items covered in this 8-K filing?
This 8-K filing covers the departure of directors, election of directors, appointment of officers, submission of matters to a vote of security holders, and financial statements and exhibits.
What is the principal executive office address of The Brink's Company?
The principal executive office address is 1801 Bayberry Court, P. O. Box 18100, Richmond, VA 23226-8100.
Filing Stats: 1,819 words · 7 min read · ~6 pages · Grade level 12.4 · Accepted 2024-05-03 16:24:44
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 per share BCO New York Stock Exchange
Filing Documents
- bco-20240502.htm (8-K) — 63KB
- bco-2024equityincentiveplan.htm (EX-10.1) — 163KB
- image_0a.jpg (GRAPHIC) — 2KB
- 0000078890-24-000150.txt ( ) — 389KB
- bco-20240502.xsd (EX-101.SCH) — 2KB
- bco-20240502_lab.xml (EX-101.LAB) — 22KB
- bco-20240502_pre.xml (EX-101.PRE) — 13KB
- bco-20240502_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. At the 2024 Annual Meeting, four proposals were submitted to the Company's shareholders, including the proposal to approve the 2024 Plan. A quorum of the Company's common shares was present for the 2024 Annual Meeting, and the final results for the votes regarding the proposals are set forth below. Proposal 1 – Shareholders elected nine nominees to the Board for terms expiring in 2025. The name of each director and the votes cast for such individual are set forth below: For Against Abstain Broker Non-Votes Kathie J. Andrade 37,530,782 3,431,927 12,217 1,863,935.00 Paul G. Boynton 39,793,812 1,163,024 18,090 1,863,935.00 Ian D. Clough 40,497,094 465,768 12,064 1,863,935.00 Susan E. Docherty 40,243,410 718,510 13,006 1,863,935.00 Mark Eubanks 40,334,537 628,184 12,205 1,863,935.00 Michael J. Herling 38,526,701 2,430,800 17,425 1,863,935.00 A. Louis Parker 39,733,139 1,229,317 12,470 1,863,935.00 Timothy J. Tynan 40,386,375 576,530 12,021 1,863,935.00 Keith R. Wyche 39,721,475 1,240,775 12,676 1,863,935.00 Proposal 2 – Shareholders approved an advisory resolution on named executive compensation. The votes regarding Proposal 2 were as follows: For Against Abstain Broker Non-Votes 39,981,468.00 969,191.00 24,267.00 1,863,935.00 Proposal 3 – Shareholders approved the frequency of one year for the advisory vote to approve named executive officer compensation. One Year Two Years Three Years Abstain Broker Non-Votes 41,810,613 4,719 1,065,208 65,090 1,965,459 After considering the results of the 2023 Annual Meeting, the Company's Board of Directors has determined that the Company will hold future advisory votes to approve named executive officer compensation on an annual basis until the next advisory vote on the frequency of the advisory vote to approve named executive officer compensation, which is expected to occur no later than at the 2029 Annual Meeting of Shareholders.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits 10.1 The Brink's Company 2024 Equity Incentive Plan, effective May 2, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. THE BRINK'S COMPANY (Registrant) Date: May 3, 2024 By: /s/ Kurt B. McMaken Kurt B. McMaken Executive Vice President and Chief Financial Officer