Power Financial Announces Election of Directors
Canada NewsWire
TORONTO, May 13, 2019
TORONTO, May 13, 2019 /CNW Telbec/ - In accordance with the Toronto Stock Exchange Company Manual, Power Financial Corporation (TSX: PWF) is issuing this news release to disclose that the nominees listed in its Management Proxy Circular dated March 20, 2019 were elected as its Directors. The detailed results of the vote at its Annual Meeting of Shareholders held earlier today in Toronto, Ontario are set forth below.
On a vote by ballot, each of the following nominees proposed by management was elected as a Director:
Nominee
| Votes For
| % For
| Votes Withheld
| % Withheld
|
Marc A. Bibeau
| 599,995,993
| 99.43%
| 3,420,717
| 0.57%
|
André Desmarais
| 526,018,188
| 87.17%
| 77,398,522
| 12.83%
|
Paul Desmarais, Jr.
| 522,139,539
| 86.53%
| 81,277,171
| 13.47%
|
Gary A. Doer
| 573,260,024
| 95.00%
| 30,156,686
| 5.00%
|
Gérald Frère
| 565,005,684
| 93.63%
| 38,411,026
| 6.37%
|
Anthony R. Graham
| 582,770,150
| 96.58%
| 20,646,560
| 3.42%
|
J. David A. Jackson
| 594,006,707
| 98.44%
| 9,410,003
| 1.56%
|
Susan J. McArthur
| 589,828,118
| 97.75%
| 13,588,592
| 2.25%
|
R. Jeffrey Orr
| 595,499,590
| 98.69%
| 7,917,120
| 1.31%
|
T. Timothy Ryan, Jr.
| 596,879,489
| 98.92%
| 6,537,221
| 1.08%
|
Emőke J.E. Szathmáry
| 589,317,589
| 97.66%
| 14,099,121
| 2.34%
|
Siim A. Vanaselja
| 598,281,677
| 99.15%
| 5,135,033
| 0.85%
|
About Power Financial
Power Financial Corporation is a diversified international management and holding company with interests substantially in the financial services sector in Canada, the United States and Europe. It also has significant holdings in global industrial and services companies based in Europe. Power Financial Corporation is a member of the Power Corporation Group of Companies. To learn more, visit www.PowerFinancial.com.
SOURCE Power Financial Corporation
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Stéphane Lemay, Vice-President, General Counsel and Secretary, 514-286-7400Copyright CNW Group 2019