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
May 21, 2020
Date of Report
(Date of earliest event reported) 
 
 
SYNCHRONY FINANCIAL
(Exact name of registrant as specified in its charter) 
 
 
Delaware
 
001-36560
 
51-0483352
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
 
777 Long Ridge Road, Stamford, Connecticut
 
06902
(Address of principal executive offices)
 
(Zip Code)
(203) 585-2400
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
 
 
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))

Indicate by check mark whether the registrant is an emerging growth company 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
o
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.

a)
The Company held its annual meeting of stockholders on May 21, 2020.
b)
The stockholders elected all of the directors named in the proxy statement for the coming year; approved our named executives’ compensation in an advisory vote; and ratified the selection of KPMG LLP as our independent registered public accounting firm for 2020. The voting results for each of these proposals are detailed below.

A.      Election of Directors

 
FOR
 
AGAINST
 
ABSTAIN
 
BROKER NON-VOTES
Margaret M. Keane
489,517,886
 
301,004
 
234,689
 
25,347,370
Fernando Aguirre
487,176,146
 
2,607,913
 
269,520
 
25,347,370
Paget L. Alves
487,714,214
 
2,076,084
 
263,281
 
25,347,370
Arthur W. Coviello, Jr.
488,975,469
 
326,794
 
751,316
 
25,347,370
William W. Graylin
488,920,474
 
339,986
 
793,119
 
25,347,370
Roy A. Guthrie
488,761,004
 
548,536
 
744,039
 
25,347,370
Richard C. Hartnack
476,513,387
 
12,763,390
 
776,802
 
25,347,370
Jeffrey G. Naylor
485,311,665
 
4,477,387
 
264,527
 
25,347,370
Laurel J. Richie
486,814,852
 
2,986,138
 
252,589
 
25,347,370
Olympia J. Snowe
487,225,614
 
2,582,466
 
245,499
 
25,347,370
Ellen M. Zane
487,780,344
 
1,975,222
 
298,013
 
25,347,370


B.      Management Proposals
 
 
 
 
 
 
 
FOR
 
AGAINST
 
ABSTAIN
 
BROKER
NON-VOTES
Advisory Vote to Approve Named Executive Officer Compensation
 
445,670,877
 
43,890,253
 
492,449
 
25,347,370
Ratification of Selection of KPMG LLP as Independent Registered Public Accounting Firm of the Company for 2020
FOR
 
AGAINST
 
ABSTAIN
BROKER
NON-VOTES
514,576,345
 
499,160
 
325,444
N/A












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.

 
 
 
 
 
 
 
 
 
 
 
SYNCHRONY FINANCIAL
 
 
 
 
Date: May 28, 2020
 
 
 
By:
 
/s/ Jonathan Mothner
 
 
 
 
Name:
 
Jonathan Mothner
 
 
 
 
Title:
 
Executive Vice President, General Counsel and Secretary