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): June 10, 2011
WORLD FUEL SERVICES CORPORATION
(Exact name of registrant as specified in its charter)
Florida | 1-9533 | 59-2459427 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
9800 N.W. 41st Street, Suite 400 Miami | 33178 |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (305) 428-8000
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))
Item 5.07. Submission of Matters to a Vote of Security Holders.
On June 10, 2011, World Fuel Services Corporation (the “Company”) held its annual meeting of shareholders. The matters voted upon and the results of the vote were as follows:
Proposal 1: Election of Directors
The shareholders elected all of the Company’s nominees for director for one-year terms expiring on the date of the annual meeting in 2012 or until their successors are duly elected and qualified.
| | | | | |
| Nominee | Votes For | Votes Withheld | Abstentions | Broker Non-Votes |
| Paul H. Stebbins | 56,550,204 | 2,307,364 | — | 7,203,952 |
| Michael J. Kasbar | 57,169,813 | 1,687,755 | — | 7,203,952 |
| Ken Bakshi | 58,079,377 | 778,191 | — | 7,203,952 |
| Richard A. Kassar | 44,306,353 | 14,551,215 | — | 7,203,952 |
| Myles Klein | 57,853,892 | 1,003,676 | — | 7,203,952 |
| John L. Manley | 58,370,340 | 487,228 | — | 7,203,952 |
| J. Thomas Presby | 54,048,967 | 4,808,601 | — | 7,203,952 |
| Stephen K. Roddenberry | 58,079,180 | 778,388 | — | 7,203,952 |
Proposal 2: Non-Binding, Advisory Vote on Executive Compensation
The shareholders approved, by a non-binding, advisory vote, the compensation of the Company’s named executive officers.
| Votes For | | Votes Against | | Abstentions | | Broker
Non-Votes |
| 57,078,646 | | 1,623,862 | | 155,060 | | 7,203,952 |
Proposal 3: Non-Binding, Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation
The shareholders recommended, by a non-binding, advisory vote, that a shareholder advisory vote on the compensation of the Company’s named executive officers should occur every year.
| Every Three Years | | Every Two Years | | Every Year | | Abstentions | | Broker
Non-Votes |
| 14,159,984 | | 356,846 | | 44,222,139 | | 118,599 | | 7,203,952 |
Based on these results, the Board of Directors has determined that future non-binding, advisory votes on the compensation of the Company’s named executive officers will be submitted to shareholders on an annual basis until the next required advisory vote on the frequency of shareholder votes on the compensation of the Company’s named executive officers.
Proposal 4: Ratification of Appointment of Independent Registered Certified Public Accounting Firm
The shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered certified public accounting firm for the 2011 fiscal year.
| Votes For | | Votes Against | | Abstentions | | Broker Non-Votes |
| 65,372,394 | | 582,985 | | 106,141 | | — |
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, thereunto duly authorized.
Date: | June 13, 2011 | World Fuel Services Corporation | |
| | | |
| | | |
| | /s/ R. Alexander Lake | |
| | R. Alexander Lake | |
| | Senior Vice President, General Counsel and | |
| | Corporate Secretary | |
