St. Joe Company Elects Directors, Ratifies Auditors
Ticker: JOE · Form: 8-K · Filed: May 17, 2024 · CIK: 745308
| Field | Detail |
|---|---|
| Company | St Joe Co (JOE) |
| Form Type | 8-K |
| Filed Date | May 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, annual-meeting, auditor
Related Tickers: JOE
TL;DR
JOE stockholders re-elected directors and kept PwC as auditor. All good.
AI Summary
On May 14, 2024, The St. Joe Company (JOE) filed an 8-K report detailing the results of its annual meeting of stockholders. The company announced that its stockholders elected three Class II directors: Ms. Lynn G. Agnew, Mr. Jorge M. Perez, and Mr. William L. R. "Bill" Plapler. Additionally, the stockholders ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024.
Why It Matters
This filing confirms the composition of the board of directors and the company's auditor for the upcoming fiscal year, providing stability and transparency for investors.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance matters, such as director elections and auditor ratification, which typically carry low risk.
Key Players & Entities
- The St. Joe Company (company) — Registrant
- Lynn G. Agnew (person) — Elected Director
- Jorge M. Perez (person) — Elected Director
- William L. R. "Bill" Plapler (person) — Elected Director
- PricewaterhouseCoopers LLP (company) — Independent Registered Public Accounting Firm
- May 14, 2024 (date) — Date of earliest event reported
- December 31, 2024 (date) — Fiscal year end
FAQ
Who were the Class II directors elected by The St. Joe Company's stockholders?
The Class II directors elected were Ms. Lynn G. Agnew, Mr. Jorge M. Perez, and Mr. William L. R. "Bill" Plapler.
What was the date of The St. Joe Company's annual meeting of stockholders?
The earliest event reported in the 8-K filing was on May 14, 2024, which corresponds to the date of the annual meeting of stockholders.
Which accounting firm was ratified as The St. Joe Company's independent registered public accounting firm?
PricewaterhouseCoopers LLP was ratified as the company's independent registered public accounting firm.
For what fiscal year was PricewaterhouseCoopers LLP appointed as auditor?
PricewaterhouseCoopers LLP was appointed as the independent registered public accounting firm for the fiscal year ending December 31, 2024.
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report the results of the company's annual meeting of stockholders, including the election of directors and the ratification of the independent registered public accounting firm.
Filing Stats: 600 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-05-17 16:10:34
Filing Documents
- joe-20240514x8k.htm (8-K) — 55KB
- 0001558370-24-008418.txt ( ) — 173KB
- joe-20240514.xsd (EX-101.SCH) — 3KB
- joe-20240514_lab.xml (EX-101.LAB) — 16KB
- joe-20240514_pre.xml (EX-101.PRE) — 10KB
- joe-20240514x8k_htm.xml (XML) — 5KB
07 Submission of Matters to Vote of Security Holders
Item 5.07 Submission of Matters to Vote of Security Holders. On May 14, 2024, The St. Joe Company (the "Company") held its 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"). At the 2024 Annual Meeting, the Company's shareholders voted on (i) the election of five director nominees (Proposal 1), (ii) the ratification of the appointment of GRANT THORNTON LLP as the Company's independent registered public accounting firm for the 2024 fiscal year (Proposal 2), and (iii) the approval, on an advisory basis, of the compensation of the Company's named executive officers (Proposal 3). The results of the votes are set forth below. Proposal 1 The shareholders voted in favor of the election of the following director nominees for a term of office expiring at the 2025 Annual Meeting of Shareholders and, in each case, until his successor is duly elected and qualified. Director Nominee For Against Abstain Broker Non-Vote Cesar L. Alvarez 43,870,888 2,594,160 25,255 6,513,466 Bruce R. Berkowitz 45,739,889 741,160 9,254 6,513.466 Howard S. Frank 27,381,667 19,082,229 26,407 6,513,466 Jorge L. Gonzalez 45,999,754 478,007 12,542 6,513,466 Thomas P. Murphy, Jr. 43,859,260 2,604,811 26,232 6,513,466 Proposal 2 The shareholders voted in favor of ratification of the appointment of GRANT THORNTON LLP as the Company's independent registered public accounting firm for the 2024 fiscal year. For Against Abstain 52,916,238 42,279 45,252 Proposal 3 The shareholders voted in favor of approving, on an advisory basis, the compensation of the Company's named executive officers. For Against Abstain Broker Non-Vote 45,712,560 723,887 53,856 6,513,466
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 ST. JOE COMPANY By: /s/ Marek Bakun Marek Bakun Executive Vice President & Chief Financial Officer Date: May 17, 2024