Oshkosh Corp Reports Executive, Board Changes
Ticker: OSK · Form: 8-K · Filed: May 10, 2024 · CIK: 775158
Sentiment: neutral
Topics: executive-changes, board-of-directors, governance
Related Tickers: OSK
TL;DR
Oshkosh Corp (OSK) filed an 8-K detailing executive and board changes. Stay tuned for details.
AI Summary
Oshkosh Corporation announced on May 7, 2024, changes in its executive leadership and board of directors. The company also reported on matters submitted to a vote of security holders. Specific details regarding the nature of these changes and the outcomes of the shareholder vote were filed in this 8-K report.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily reports on routine corporate governance matters and executive changes, which typically carry a low immediate risk.
Key Players & Entities
- Oshkosh Corporation (company) — Registrant
- Wisconsin (location) — State of incorporation
- May 7, 2024 (date) — Date of earliest event reported
FAQ
What specific executive positions saw changes?
The filing indicates changes in 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers' but does not specify the exact positions in the provided text.
Were there any new directors elected?
Yes, the filing lists 'Election of Directors' as an item of information.
What were the key compensatory arrangements discussed?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item of information, but the specifics are not detailed in the provided text.
What matters were submitted to a vote of security holders?
The filing states 'Submission of Matters to a Vote of Security Holders' as an item of information, but the nature of these matters is not specified in the provided text.
When was the earliest event reported in this filing?
The earliest event reported was on May 7, 2024.
Filing Stats: 965 words · 4 min read · ~3 pages · Grade level 13.3 · Accepted 2024-05-10 16:05:36
Key Financial Figures
- $0.01 — nge on which registered Common Stock ($0.01 par value) OSK New York Stock Excha
Filing Documents
- tm2414018d1_8k.htm (8-K) — 59KB
- 0001104659-24-059887.txt ( ) — 230KB
- osk-20240507.xsd (EX-101.SCH) — 3KB
- osk-20240507_lab.xml (EX-101.LAB) — 33KB
- osk-20240507_pre.xml (EX-101.PRE) — 22KB
- tm2414018d1_8k_htm.xml (XML) — 3KB
02 . Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Item 5.02 . Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. At the 2024 Annual Meeting of Shareholders (the "Annual Meeting") of Oshkosh Corporation (the "Company") held on May 7, 2024, the Company's shareholders approved the Oshkosh Corporation 2024 Incentive Stock and Awards Plan (the "Plan"), which had previously been approved by the Company's Board of Directors, subject to shareholder approval. Additional information regarding the results of the Annual Meeting is set forth below under Item 5.07 of this Current Report on Form 8-K. The Plan provides that up to a total of 2,600,000 shares of the Company's common stock may be issued thereunder. The Plan authorizes the grant to the Company's officers, directors, eligible employees and consultants of stock options, stock appreciation rights, performance shares, performance units, shares of common stock, restricted stock, restricted stock units and annual or long-term incentive awards. The Company cannot currently determine the benefits, if any, to be paid under the Plan in the future to the officers of the Company, including the Company's chief executive officer, chief financial officer and named executive officers. The Plan is described in detail in the Company's proxy statement filed with the Securities and Exchange Commission on March 28, 2024, and the full text of the Plan appears as Exhibit A to the definitive proxy statement . The description of the Plan set forth above does not purport to be complete and is qualified in its entirety by reference to such materials.
07 . Submission of Matters to a Vote of Security Holders
Item 5.07 . Submission of Matters to a Vote of Security Holders. As noted above, the Company held its Annual Meeting on May 7, 2024. On May 7, 2024, the independent inspector of elections for the Annual Meeting delivered its final tabulation of voting results for each of the matters submitted to a vote at the Annual Meeting, certifying the voting results set forth below. The Company's shareholders elected the following directors for terms expiring at the Company's 2025 Annual Meeting of Shareholders by the votes indicated: Nominee Shares Voted For Shares Withheld Broker Non-Votes Keith J. Allman 55,009,945 527,119 4,596,053 Annette K. Clayton 55,015,100 521,964 4,596,053 Douglas L. Davis 55,128,889 408,175 4,596,053 Tyrone M. Jordan 53,004,601 2,532,463 4,596,053 Kimberley Metcalf-Kupres 54,583,575 953,489 4,596,053 Stephen D. Newlin 54,040,638 1,496,426 4,596,053 Duncan J. Palmer 54,276,085 1,260,979 4,596,053 David G. Perkins 54,688,865 848,199 4,596,053 John C. Pfeifer 55,148,826 388,238 4,596,053 Sandra E. Rowland 55,132,550 404,514 4,596,053 The Company's shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent auditor for the fiscal year ending December 31, 2024 by the votes indicated: Shares Voted For Shares Voted Against Abstentions 58,807,423 1,175,498 150,196 The Company's shareholders approved a resolution approving, on a nonbinding, advisory basis, the compensation of the Company's named executive officers as disclosed in the Compensation Discussion and Analysis section and compensation tables contained in the Company's proxy statement for the Annual Meeting by the votes indicated: Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 52,840,394 2,461,912 234,758 4,596,053 The Company's shareholders voted to approve the Plan by the votes indicated: Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 52,192,59
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. OSHKOSH CORPORATION Date: May 10, 2024 By: /s/ Ignacio A. Cortina Ignacio A. Cortina Executive Vice President, Chief Legal Officer and Secretary