Zions Bancorporation Announces Board and Executive Changes
Ticker: ZIONP · Form: 8-K · Filed: May 1, 2024 · CIK: 109380
| Field | Detail |
|---|---|
| Company | Zions Bancorporation, National Association /Ut/ (ZIONP) |
| Form Type | 8-K |
| Filed Date | May 1, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: ZION
TL;DR
Zions Bancorporation shakes up board and exec comp – new directors in, comp plans updated.
AI Summary
Zions Bancorporation, National Association announced on April 26, 2024, changes in its board of directors and executive compensation arrangements. Specifically, the company elected new directors and appointed certain officers, alongside updates to their compensatory plans.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters such as director elections and executive compensation, which typically carry a low inherent risk.
Key Players & Entities
- ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (company) — Filer
- 0000109380-24-000103 (filing_id) — Accession Number
- 20240501 (date) — Filing Date
- 20240426 (date) — Period of Report
FAQ
What specific items were discussed under 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'?
The filing indicates these items were discussed, but the specific details of departures, elections, appointments, and compensatory arrangements are not provided in this summary section of the 8-K.
What is the filing date of this 8-K?
The filing date is May 1, 2024.
What is the period of report for this filing?
The period of report is April 26, 2024.
What is the Central Index Key (CIK) for Zions Bancorporation?
The CIK for Zions Bancorporation is 0000109380.
What is the Standard Industrial Classification (SIC) code for Zions Bancorporation?
The SIC code is 6021, which corresponds to NATIONAL COMMERCIAL BANKS.
Filing Stats: 847 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2024-05-01 15:26:57
Key Financial Figures
- $0.001 — ich Registered Common Stock, par value $0.001 ZION The NASDAQ Stock Market, LLC Dep
Filing Documents
- zions-20240426.htm (8-K) — 55KB
- 0000109380-24-000103.txt ( ) — 248KB
- zions-20240426.xsd (EX-101.SCH) — 3KB
- zions-20240426_def.xml (EX-101.DEF) — 19KB
- zions-20240426_lab.xml (EX-101.LAB) — 33KB
- zions-20240426_pre.xml (EX-101.PRE) — 20KB
- zions-20240426_htm.xml (XML) — 6KB
07 Submission of Matters to a Vote of Security Holders
ITEM 5.07 Submission of Matters to a Vote of Security Holders At the Shareholder Meeting, shareholders elected 11 directors for a term of one year; ratified the appointment of Ernst & Young LLP as the Bank's independent auditor for 2024; approved, on a nonbinding advisory basis, the 2023 compensation paid to the Bank's executive officers; approved the Amendment; and rejected a request for a report on risks of politicized de-banking. The results were as follows: 1. Election of 11 director nominees for a one-year term. Directors Votes For Votes Against Abstentions Maria Contereras-Sweet 103,707,750 400,429 273,300 Gary L. Crittenden 103,107,544 989,230 284,705 Suren K. Gupta 103,772,192 337,741 271,546 Claire A. Huang 103,394,203 716,019 271,257 Vivian S. Lee 102,902,273 1,187,786 291,420 Scott J. McLean 102,627,304 1,504,149 250,026 Edward F. Murphy 103,321,843 776,087 283,549 Stephen D. Quinn 100,140,926 3,955,336 285,217 Harris H. Simmons 100,212,074 3,936,940 232,465 Aaron B. Skonnard 103,329,673 767,690 284,116 Barbara A. Yastine 103,080,973 1,034,801 265,705 2. Ratification of the appointment of Ernst & Young LLP as the Bank's Independent Registered Public Accounting Firm to audit the Bank's financial statements for the fiscal year ending December 31, 2024. Votes For Votes Against Abstentions 123,233,347 1,965,294 274,890 3. Approval, on a nonbinding advisory basis, of the compensation paid to the Bank's named executive officers with respect to the fiscal year ended December 31, 2023. Votes For Votes Against Abstentions 99,653,811 4,344,541 383,127 4. Approval of amendments to the Bank's 2022 omnibus incentive plan. Votes For Votes Against Abstentions 98,547,128 5,470,873 363,478 5. Rejection of a request for a report on risks of politicized de-banking. Votes For Votes Against Abstentions 1,322,381 101,929,606 1,129,492
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. ZIONS BANCORPORATION, N.A. Date: May 1, 2024 By: /s/ RENA MILLER Name: Rena Miller Title: Executive Vice President and General Counsel