Air Canada Announces Election of Directors

MONTREAL, May 13, 2015 /CNW Telbec/ - Air Canada (TSX: AC) announced today that all of the nominees listed in the management proxy circular dated March 30, 2015 were elected as directors of Air Canada at the company's Annual Meeting of Shareholders which was held on Tuesday, May 12, 2015 in Toronto.

All of the nominees have already been serving as directors of Air Canada, except for Ms. Madeleine Paquin who was a new nominee. The Corporation is pleased to welcome Ms. Paquin to the Air Canada Board of Directors. Ms. Paquin is the President and Chief Executive Officer and a director of Logistec Corporation. Ms. Paquin previously served as a director of Canadian Pacific Railway Limited and Sun Life Financial Inc.

Each of the directors was elected by a majority of the votes cast by shareholders present or represented by proxy at the meeting. The results of the vote are detailed below.

 

Nominee

Votes For

% For

Votes Withheld

% Withheld

Christie J. B. Clark

141,448,148

92.74

11,076,417

7.26

Michael M. Green

137,125,252

89.90

15,399,313

10.10

Jean Marc Huot

145,499,378

95.39

7,025,187

4.61

Joseph B. Leonard

137,839,502

90.37

14,685,063

9.63

Madeleine Paquin

143,944,665

94.37

8,579,900

5.63

David I. Richardson

111,613,708

73.18

40,910,857

26.82

Roy J. Romanow

150,471,658

98.65

2,052,907

1.35

Calin Rovinescu

144,988,369

95.06

7,536,196

4.94

Vagn Sørensen

135,858,386

89.07

16,666,179

10.93

Annette Verschuren

136,980,260

89.81

15,544,305

10.19

Michael M. Wilson

141,346,689

92.67

11,177,876

7.33

 

Final voting results on all matters voted on at the meeting will be filed on SEDAR.

Air Canada is Canada's largest domestic and international airline serving more than 190 destinations on five continents.  Canada's flag carrier is among the 20 largest airlines in the world and in 2014 served more than 38 million customers.  Air Canada provides scheduled passenger service directly to 64 Canadian cities, 52 destinations in the United States and 78 cities in Europe, the Middle East, Asia, Australia, the Caribbean, Mexico and South America. Air Canada is a founding member of Star Alliance, the world's most comprehensive air transportation network serving 1,321 airports in 193 countries.  Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax that ranked Air Canada in a worldwide survey of more than 18 million airline passengers as Best Airline in North America in 2014 for the fifth consecutive year.  For more information, please visit: www.aircanada.com.

 

SOURCE Air Canada - Corporate - Finance

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.