Westlake Corp Stockholders Re-elect Directors, Ratify Auditors

Ticker: WLK · Form: 8-K · Filed: 2024-05-13T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, annual-meeting, auditor-ratification

TL;DR

Westlake Corp shareholders re-elected directors and kept the same auditors. Business as usual.

AI Summary

Westlake Corporation announced on May 9, 2024, that it held its Annual Meeting of Stockholders. During this meeting, stockholders voted on the election of two Class II directors, Albert Chao and Stephen Chazen, who were both re-elected. Additionally, stockholders ratified the appointment of PricewaterhouseCoopers LLP as Westlake's independent registered public accounting firm for the fiscal year ending December 31, 2024.

Why It Matters

The re-election of directors and ratification of auditors are routine corporate governance actions that signal stability and continued oversight for investors.

Risk Assessment

Risk Level: low — This filing pertains to routine annual meeting matters like director elections and auditor ratification, which typically carry low risk.

Key Players & Entities

FAQ

Who were the Class II directors up for re-election at Westlake Corporation's Annual Meeting?

Albert Chao and Stephen Chazen were the Class II directors up for re-election.

What was the outcome of the vote for the Class II directors?

Both Albert Chao and Stephen Chazen were re-elected as Class II directors.

What action was taken regarding Westlake Corporation's independent auditor?

The appointment of PricewaterhouseCoopers LLP as Westlake's independent registered public accounting firm was ratified.

For which fiscal year was PricewaterhouseCoopers LLP ratified as the auditor?

PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2024.

When did Westlake Corporation hold its Annual Meeting of Stockholders?

Westlake Corporation held its Annual Meeting of Stockholders on May 9, 2024.

From the Filing

0001193125-24-137266.txt : 20240513 0001193125-24-137266.hdr.sgml : 20240513 20240513163107 ACCESSION NUMBER: 0001193125-24-137266 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240509 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20240513 DATE AS OF CHANGE: 20240513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTLAKE CORP CENTRAL INDEX KEY: 0001262823 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 760346924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32260 FILM NUMBER: 24939607 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER COMPANY: FORMER CONFORMED NAME: WESTLAKE CHEMICAL CORP DATE OF NAME CHANGE: 20030908 8-K 1 d825298d8k.htm 8-K 8-K WESTLAKE CORP false 0001262823 0001262823 2024-05-09 2024-05-09 0001262823 us-gaap:CommonStockMember 2024-05-09 2024-05-09 0001262823 us-gaap:SeniorNotesMember 2024-05-09 2024-05-09     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): May 9, 2024     Westlake Corporation (Exact name of registrant as specified in its charter)       Delaware   001-32260   76-0346924 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   2801 Post Oak Boulevard , Suite 600 Houston , Texas   77056 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (713) 960-9111     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   WLK   The New York Stock Exchange 1.625% Senior Notes due 2029   WLK 29   The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.07. Submission of Matters to a Vote of Security Holders. Three matters were voted upon by the stockholders of Westlake Corporation (the “Company”) at its annual meeting of stockholders held on May 9, 2024 (the “2024 Annual Meeting”): (1) four members of the Board of Directors of the Company were elected; (2) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered pu

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