Enviri Corp Files 8-K: Director Changes & Compensation Details
Ticker: NVRI · Form: 8-K · Filed: Apr 24, 2024 · CIK: 45876
Sentiment: neutral
Topics: corporate-governance, executive-compensation, director-changes
TL;DR
Enviri Corp 8-K: Board shakeup and exec pay details filed.
AI Summary
Enviri Corporation (formerly Harsco Corp) filed an 8-K on April 24, 2024, reporting events as of April 18, 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 significant corporate governance changes, including shifts in leadership and executive compensation, which can impact the company's strategic direction and investor confidence.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with details on compensatory arrangements, can signal underlying strategic shifts or internal adjustments that may carry risk.
Key Players & Entities
- Enviri Corporation (company) — Filer of the 8-K
- Harsco Corp (company) — Former name of Enviri Corporation
- April 18, 2024 (date) — Earliest event date reported
- April 24, 2024 (date) — Date of report filing
FAQ
What specific director departures are detailed in this 8-K?
The filing indicates the departure of directors or certain officers, but the specific names are not listed in the provided excerpt.
Are there any new officer appointments mentioned?
Yes, the filing explicitly states the appointment of certain officers.
What is the significance of the 'Compensatory Arrangements' item?
This item pertains to the compensation plans and arrangements for certain officers, which can provide insight into executive incentives and company financial health.
Does the filing mention any shareholder votes?
Yes, the filing includes 'Submission of Matters to a Vote of Security Holders', indicating that certain company decisions were put before shareholders.
What financial information is included in this filing?
The filing states that 'Financial Statements and Exhibits' are included, though the specific details are not provided in the excerpt.
Filing Stats: 1,042 words · 4 min read · ~3 pages · Grade level 9.2 · Accepted 2024-04-24 16:12:10
Key Financial Figures
- $1.25 — ich registered Common Stock, par value $1.25 per share NVRI New York Stock Exchange
Filing Documents
- hsc-20240418.htm (8-K) — 68KB
- exhibit1012023equityandinc.htm (EX-10.1) — 9KB
- exhibit991pressreleaseofth.htm (EX-99.1) — 4KB
- envirilogo-prheaderwcontaca.jpg (GRAPHIC) — 38KB
- 0000045876-24-000015.txt ( ) — 262KB
- hsc-20240418.xsd (EX-101.SCH) — 2KB
- hsc-20240418_lab.xml (EX-101.LAB) — 21KB
- hsc-20240418_pre.xml (EX-101.PRE) — 12KB
- hsc-20240418_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 Annual Meeting, the Company's stockholders elected all nine of the Board of Director nominees to serve as Directors until the 2025 Annual Meeting of Stockholders and ratified the appointment of PricewaterhouseCoopers LLP as independent auditors for the year ending December 31, 2024. The Company's stockholders also approved, on an advisory basis, the compensation of the Company's named executive officers and approved Amendment No. 4 to the 2013 Plan. As of the record date, there were 79,834,916 Common Shares outstanding and entitled to vote on each matter presented for vote at the Annual Meeting. At the Annual Meeting, 73,367,396.171304 shares, or approximately 91.90% of the outstanding Common Shares entitled to vote, were represented in person or by proxy. Those shares were voted as follows: 1. The following individuals were nominated in 2024 to serve as Directors until the 2025 Annual Meeting of Stockholders. All nominees were elected. The results of the vote were as follows: Name Votes For Votes Against Abstained Broker Non-Votes J.F. Earl 63,604,122 5,611,710 105,080 4,046,484 D.C. Everitt 57,920,038 11,279,804 121,070 4,046,484 F.N. Grasberger III 63,674,904 5,545,408 100,599 4,046,484 C.I. Haznedar 58,355,868 10,876,739 88,305 4,046,484 T.M. Laurion 62,469,619 6,730,554 120,739 4,046,484 R.M. O'Mara 64,488,582 4,751,931 80,399 4,046,484 E.M. Purvis, Jr. 61,962,312 7,255,328 103,272 4,046,484 J. S. Quinn 64,007,143 5,192,363 121,406 4,046,484 P.C. Widman 62,399,580 6,799,838 121,494 4,046,484 2. The appointment of PricewaterhouseCoopers LLP as independent auditors to audit the financial statements of the Company for the fiscal year ending December 31, 2024, was ratified. The results of the vote were as follows: Votes For Votes Against Abstained 72,212,879 910,467 244,050 3. The Company's stockholders approved, on an advisory basis, the compensation of the Compan
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit 10.1 Amendment No. 4 to the 2013 Equity and Incentive Compensation Plan. Exhibit 99.1 Press Release dated April 18, 2024 announcing results of Annual Meeting of Stockholders. Exhibit 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. ENVIRI CORPORATION Date: April 24, 2024 /s/ Russell C. Hochman Russell C. Hochman Senior Vice President and General Counsel, Chief Compliance Officer & Corporate Secretary