This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

KKR Financial Holdings' CEO Hosts Annual Shareholder Meeting (Transcript)

Stocks in this article: KFN

If you have such a proxy, raise your hand and we will distribute the blank proxy card to use for voting. Oh hands raised. If you're voting in person today, please make certain that you sign the proxy card and print your name under your signature. Inspector of elections will tabulate the votes and report the results after the meeting is completed. Okay now the formal part of the meeting. It sounded like that was pretty formal.

The first order of business is the election of the directors; the Board of Directors currently has 12 members. All of them are standing for reelection. Each member of the Board of Directors is elected annually. Common shareholders voting as a single class has the right to elect all 12 members to serve until the next annual meeting of shareholders until the respective successors are duly elected and qualified.

The nominees for the Board of Directors are named in your proxy statement and the Board of Directors unanimously recommends that you vote for the election of each of the 12 nominees. Are there any questions from the floor regarding the election of directors?

Second order of business is to ratify the appointment of Deloitte & Touche as independent registered public accounting firm for the company for fiscal year ended December 31, 2012. The Board of Directors acting upon the recommendation of its audit committee has appointed Deloitte & Touche to audit the financial statements of the company and is asking that you ratify this appointment.

The Board of Directors unanimously recommends that you vote for the ratification of the appointment of Deloitte & Touche as independent registered public accounting firm of the company. Are there any questions regarding this item?

At this time I will ask for the final call for ballots. You do have a ballot and which no hands raised. So there are none. After all votes are submitted, I will ask Nicole Macarchuk who is the General Counsel and Secretary of the company to report results of the vote. Nicole would like to report?

Read the rest of this transcript for free on

3 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs