Laurentian Financial institution broadcasts the election of its administrators Toronto Inventory Alternate: LB
MONTREAL, April 6, 2021 (GLOBE NEWSWIRE) – Laurentian Financial institution of Canada (TSX: LB) broadcasts that the nominees for appointment as administrators of Laurentian Financial institution of Canada (the “Financial institution”), as set out within the Administration Proxy Round of the management dated February 5, 2021, have been all elected. The election occurred earlier at the moment on the Financial institution’s annual assembly of shareholders. The detailed outcomes of the vote are introduced under.
The 11 candidates proposed by administration have been elected as administrators of the Financial institution:
| Candidate | Votes for | Rejected votes | ||||||
| Sonia baxendale | 13 339 239 | 88.66 | % | 1,706,370 | 11.34 | % | ||
| Andrea Bolger | 14,469,050 | 96.17 | % | 576,559 | 3.83 | % | ||
| Michael T. Boychuk | 14 306 037 | 95.08 | % | 739,572 | 4.92 | % | ||
| Suzanne Gouin | 14 880 282 | 98.90 | % | 165,327 | 1.10 | % | ||
| Rania llewellyn | 13 336 121 | 88.64 | % | 1,709,488 | 11.36 | % | ||
| David Morris | 4,462,587 | 96.12 | % | 583,022 | 3.88 | % | ||
| David Mowat | 13 332 034 | 88.61 | % | 1,713,575 | 11.39 | % | ||
| Michael mueller | 13 314 932 | 88.50 | % | 1,730,677 | 11.50 | % | ||
| Michelle R. Savoy | 13 732 915 | 91.28 | % | 1 312 694 | 8.72 | % | ||
| Susan wolburgh jenah | 13 322 825 | 88.55 | % | 1,722,784 | 11.45 | % | ||
| Nicholas zelenczuk | 14,478,670 | 96.23 | % | 566,939 | 3.77 | % | ||
The outcomes of the vote on all issues put to a vote on the Financial institution’s annual assembly of shareholders can be revealed shortly at https://lbcfg.ca/ and filed on SEDAR.
Mr. Michael Mueller, Chairman of the Board of Administrators of the Financial institution, is happy to announce the election of Ms. Suzanne Gouin to the Board of the Financial institution as a newly appointed impartial director. Ms. Gouin is an completed director who focuses on enterprise transformation, digital implementation, governance and human capital. She has held senior administration positions within the personal and public sectors, notably as President and CEO of TV5 Québec, Canada from 2002 to 2015. Ms. Gouin was awarded the Nationwide Order of Benefit of the French Republic and it’ll contribute to the experience and depth of the Financial institution’s board of administrators. The appointment of Ms. Gouin to the board will make sure that girls will symbolize 54% of its members.
“We’re delighted to welcome Ms. Gouin to the board. We’re assured that his intensive expertise in governance, technique, danger and repute administration, organizational transformation and development throughout a variety of sectors will profit the Financial institution, ”commented Mr. Mueller.
About Laurentian Financial institution Monetary Group
Based in 1846, Laurentian Financial institution Monetary Group is a diversified monetary providers supplier whose mission is to assist its purchasers enhance their monetary well being. Laurentian Financial institution of Canada and its entities are collectively known as Laurentian Financial institution Monetary Group (the “Group” or the “Financial institution”).
With greater than 2,900 staff guided by values of proximity, simplicity and honesty, the Group affords a variety of options and consulting providers to its personal, skilled and institutional purchasers. With pan-Canadian actions and a presence in the US, the Group is a significant participant in lots of market segments.
The Group has $ 45.2 billion in steadiness sheet belongings and $ 29.2 billion in belongings below administration.
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