UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 3, 2011

FOSTER WHEELER AG

(Exact Name of Registrant as Specified in Its Charter)
 
Switzerland
001-31305
98-0607469
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)

 
80 Rue de Lausanne, CH-1202, Geneva, Switzerland
1202
(Address of Principal Executive Offices)
(Zip Code)
   
Registrant’s telephone number, including area code:    +41 22 741 8000
 
Not applicable
(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 (see General Instruction A.2. below):

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  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 May 3, 2011, the Company held its annual general meeting of shareholders at its offices in Baar, Switzerland.  For Proposal 1, each of the nominees for re-election as a director of the Company received the requisite number of votes for re-election.  For Proposals 2 through 8 and Proposal 10 presented at the annual general meeting of shareholders, each proposal was approved by the requisite number of votes of the Company's shareholders.  For Proposal 9, the voting results are set forth below.

The voting results for each Proposal at the annual general meeting were as follows:
 
 
                         
Broker
 
       
For
   
Against
   
Abstentions
   
Non-Votes
 
1.  
Re-Election of three directors, for terms expiring in 2014 (1)
                       
a.  
Clayton C. Daley, Jr.
    67,106,690       323,604       106,949       14,392,431  
b.  
Edward G. Galante
    67,109,273       321,495       106,475       14,392,431  
c.  
Raymond J. Milchovich
    67,086,991       345,158       105,094       14,392,431  
                                     
2.  
Re-election of independent auditor for 2011–PricewaterhouseCoopers AG
    80,959,183       798,708       171,783       0  
                                     
3.  
Ratification of appointment of independent registered public accounting firm for 2011– PricewaterhouseCoopers LLP
    80,435,953       1,317,532       176,189       0  
                                     
4.  
Approval of 2010 Swiss Annual Report and Statutory Financial Statements for fiscal year 2010
    81,357,087       308,339       264,248       0  
                                     
5.  
Discharge of liability for directors and executive officers for 2010
    79,898,999       1,188,664       842,011       0  
   
 
                               
6.  
Creation of authorized capital replacing the expired authorized capital
    77,628,311       4,011,707       289,656       0  
                                     
7.  
Approval of capital reduction through cancellation of shares repurchased and an associated amendment to our Articles of Association to reduce our share capital
    81,333,228       344,795       251,651       0  
                                     
8.  
Advisory Approval of Named Executive Officer Compensation
    47,877,306       19,354,552       305,385       14,392,431  
                                     
 
       
One Year
   
Two Years
   
Three Years
   
Abstentions
   
Broker Non-Votes
 
                                   
9.  
Advisory vote on the frequency of future named executive officer compensation advisory votes
    60,870,875       246,580       6,297,146       122,642       14,392,431  
                                             
 
                         
Broker
 
       
For
   
Against
   
Abstentions
   
Non-Votes
 
                             
10.  
Re-allocation of free reserves to legal reserves from capital contribution
    67,073,512       182,560       281,171       14,392,431  
 
(1) In addition, the following directors continued to serve after the meeting: Eugene D. Atkinson, Umberto della Sala, Steven J. Demetriou, Stephanie Hanbury-Brown, Maureen B. Tart-Bezer and James D. Woods.
 
 
 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
FOSTER WHEELER AG
 
       
DATE:  May 4, 2011
By:
/s/ Michelle K. Davies  
    Michelle K. Davies  
   
Corporate Secretary