GUELPH,
ON, May 17, 2023 /CNW/ - Linamar Corporation
(TSX: LNR) today announced detailed results of the votes cast for
two motions held during the Annual General Meeting of the Company
on Wednesday, May 17, 2023 in
Guelph, Ontario, as set out
below.
Election of Directors
The following nominees, as listed in the management proxy
circular, for the 2023 Annual Meeting of Shareholders were elected
as directors of Linamar Corporation.
|
Nominees
|
Votes
For
|
% For
|
Votes
Withheld
|
%
Withheld
|
|
Linda
Hasenfratz
|
37,389,684
|
74.48 %
|
12,814,283
|
25.52 %
|
|
Jim Jarrell
|
34,097,283
|
67.92 %
|
16,106,684
|
32.08 %
|
|
Mark
Stoddart
|
31,527,518
|
62.80 %
|
18,676,449
|
37.20 %
|
|
Terry Reidel
|
33,441,875
|
66.61 %
|
16,762,092
|
33.39 %
|
|
Lisa Forwell
|
47,348,664
|
94.31 %
|
2,855,303
|
5.69 %
|
|
Dennis Grimm
|
47,112,346
|
93.84 %
|
3,091,621
|
6.16 %
|
Appointment of Auditors
The shareholders were asked to re-appoint PricewaterhouseCoopers
LLP as the auditors of the Corporation.
|
Votes
For
|
% For
|
Votes
Withheld
|
%
Withheld
|
|
Appointment of
PricewaterhouseCoopers LLP
|
45,674,538
|
90.69 %
|
4,689,106
|
9.31 %
|
Linamar Corporation (TSX:LNR) is an advanced manufacturing company
where the intersection of leading-edge technology and deep
manufacturing expertise is creating solutions that power vehicles,
motion, work and lives for the future. The Company is made up of
two operating segments – the Industrial segment and the Mobility
segment, both global leaders in manufacturing solutions and
world-class developers of highly engineered products. The
Industrial segment is comprised of Skyjack, MacDon and Salford. Skyjack manufactures scissor, boom
and telehandler lifts for the aerial work platform industry. MacDon
manufactures combine draper headers and self-propelled windrowers
for the agricultural harvesting industry. Salford also supplies the agriculture market
with farm tillage and crop fertilizer applicator equipment. The
Mobility segment is subdivided into three regional groups:
North America, Europe and Asia
Pacific. Within the Mobility segment, the regional groups
are vertically integrated operations combining expertise in light
metal casting, forging, machining and assembly for both the global
electrified and traditionally powered vehicle markets. The Mobility
segment products are focused on both components and systems for new
energy powertrains, body and chassis, driveline, engine and
transmission systems of these vehicles. In addition to the recently
formed eLIN Product Solutions Group that focuses on
Electrification, McLaren Engineering provides design, development,
and testing services for the Mobility segment. Linamar's recently
announced medical solutions group, Linamar MedTech, focuses on
manufacturing solutions for medical devices and precision medical
components. Linamar has over 28,000 employees in 66 manufacturing
locations, 14 R&D centres and 28 sales offices in 17 countries
in North and South America,
Europe and Asia, which generated sales of more than
$7.9 billion in 2022. For more
information about Linamar Corporation and its industry-leading
products and services, visit www.linamar.com or follow us on our
social media channels.
SOURCE Linamar Corporation