Public Service Enterprise Group Incorporated - Recent Material Event

Item  5.07 Submission of Matters to a Vote of Security Holders

Our Annual Meeting of Stockholders was held on April 19, 2011. Proxies for the meeting were solicited by us pursuant to Regulation 14A under the Securities Act of 1934. There was no solicitation of proxies in opposition to management’s nominees as listed in the proxy statement.

All of management’s nominees were elected to the Board of Directors.

The advisory vote on executive compensation was approved.

The stockholders have recommended that an advisory vote on executive compensation be held every year. Based on that result and consistent with its own recommendation, the Board of Directors has determined that our stockholders will be presented with the opportunity to cast an advisory vote on executive compensation at the Annual Meeting of Stockholders to be held in each year beginning in 2012 and continuing through the earlier of 2016 or the next Annual Meeting at which an advisory vote on the frequency of the advisory vote on executive compensation is presented to stockholders.

The appointment of Deloitte and Touche LLP as Independent Auditor was approved.

Final results of the voting are provided below:

 

Proposal 1:    Votes For      Votes
Against
     Abstentions      Broker
Non-Votes
 

Election of Directors

           

Terms expiring in 2012

           

Albert R. Gamper, Jr.

     361,143,720         4,141,461         1,829,912         64,649,642   

Conrad K. Harper

     361,086,075         4,219,165         1,809,853         64,649,642   

William V. Hickey

     358,486,816         6,672,003         1,956,274         64,649,642   

Ralph Izzo

     359,598,251         5,727,206         1,789,636         64,649,642   

Shirley Ann Jackson

     331,460,229         33,685,804         1,969,060         64,649,642   

David Lilley

     362,708,952         2,496,639         1,909,502         64,649,642   

Thomas A. Renyi

     362,227,901         2,873,728         2,013,464         64,649,642   

Hak Cheol Shin

     362,486,632         2,628,141         2,000,320         64,649,642   

Richard J. Swift

     333,880,086         31,339,081         1,895,926         64,649,642   

 

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Proposal 2:    Votes For      Votes
Against
     Abstentions      Broker
Non-Votes
        

Advisory Vote on Executive Compensation

     350,741,134         11,887,168         4,486,791         64,649,642      
Proposal 3:    1 year      2 years      3 years      Abstentions      Broker
Non-Votes
 

Advisory Vote on Frequency of Advisory Vote on Executive Compensation

     299,324,493         7,014,619         56,302,387         4,473,594         64,649,642   
Proposal 4:    Votes For      Votes
Against
     Abstentions      Broker
Non-Votes
        

Ratification of Appointment of Deloitte & Touche LLP as Independent Auditor

     424,824,608         4,826,852         2,113,275         N/A      

Item 9.01 Financial Statements and Exhibits

 

Exhibit 99.1    Power of Attorney for Albert R. Gamper, Jr.*
Exhibit 99.2    Power of Attorney for Conrad K. Harper*
Exhibit 99.3    Power of Attorney for William V. Hickey*
Exhibit 99.4    Power of Attorney for Shirley Ann Jackson*
Exhibit 99.5    Power of Attorney for David Lilley*
Exhibit 99.6    Power of Attorney for Thomas A. Renyi*
Exhibit 99.7    Power of Attorney for Hak Cheol Shin*
Exhibit 99.8    Power of Attorney for Richard J. Swift*

 

* relates to execution of Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder on behalf of each named Director

 

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SIGNATURE

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.

PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED

(Registrant)

 

By:  

/s/ Derek M. DiRisio        

  Derek M. DiRisio        
  Vice President and Controller        
  (Principal Accounting Officer)        

Date: April 21, 2011

 

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