News Column

EXLSERVICE HOLDINGS, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders

June 23, 2014



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 20, 2014, Mr. William Bloom resigned from his position as President, Global Client Services of ExlService Holdings, Inc. (the "Company"), effective as of July 18, 2014.

Item 5.07. Submission of Matters to a Vote of Security Holders.

On June 20, 2014, the Company held its annual meeting of stockholders. At the meeting, stockholders voted on the following items: (1) the election of three Class II members of the Board of Directors of the Company, (2) the ratification of the selection of Ernst & Young LLP as the independent registered public accounting firm of the Company for fiscal year 2014, (3) the approval of the compensation of the named executive officers of the Company and (4) the approval of the performance-based provisions of the 2006 Omnibus Award Plan for Section 162(m) purposes.

Each of the three nominees for election to the Board of Directors was duly elected to serve as a director until the annual meeting of stockholders in 2017 or until his or her successor is duly elected and qualified in accordance with the by-laws of the Company. The final results of the voting were as follows:

Nominees For Withhold Broker Non-Votes



David B. Kelso 29,556,141 56,310 836,573

Clyde W. Ostler 27,490,444 2,122,007 836,573

Som Mittal 29,554,791 57,660 836,573

The proposal to ratify the selection of Ernst & Young LLP as the independent registered public accounting firm of the Company for fiscal year 2014 was approved. The final results of the voting were as follows:

For Against Abstain Broker Non-Vote

30,169,347 251,957 27,720 -

The proposal to approve the compensation of the named executive officers of the Company was approved. The final results of the voting were as follows:

For Against Abstain Broker Non-Vote

29,030,169 553,666 28,616 836,573

The proposal to approve the performance-based provisions of the 2006 Omnibus Award Plan for Section 162(m) purposes were approved. The final results of the voting were as follows:

For Against Abstain Broker Non-Vote

27,086,021 2,498,310 28,120 836,573 2



--------------------------------------------------------------------------------


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Edgar Glimpses


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters