Power Corporation Announces Election of Directors
May 15 2020 - 04:14PM
PR Newswire (Canada)
MONTRÉAL, May 15, 2020 /CNW
Telbec/ - In accordance with the Toronto Stock Exchange
Company Manual, Power Corporation of Canada (TSX: POW) is issuing this news release
to disclose that the nominees listed in its Management Proxy
Circular dated March 18, 2020 were
elected as its Directors. The detailed results of the vote at its
virtual Annual Meeting of Shareholders held earlier today in
Montréal, Québec 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
|
Pierre
Beaudoin
|
Total
|
903,579,977
|
98.89%
|
10,135,941
|
1.11%
|
|
Subordinate Voting
Shares
|
356,591,157
|
97.24%
|
10,114,241
|
2.76%
|
|
Participating
Preferred Shares
|
546,988,820
|
100.00%
|
21,700
|
0.00%
|
Marcel R.
Coutu
|
Total
|
882,021,813
|
96.53%
|
31,694,105
|
3.47%
|
|
Subordinate Voting
Shares
|
335,031,293
|
91.36%
|
31,674,105
|
8.64%
|
|
Participating
Preferred Shares
|
546,990,520
|
100.00%
|
20,000
|
0.00%
|
André
Desmarais
|
Total
|
758,347,271
|
83.00%
|
155,368,647
|
17.00%
|
|
Subordinate Voting
Shares
|
211,356,751
|
57.64%
|
155,348,647
|
42.36%
|
|
Participating
Preferred Shares
|
546,990,520
|
100.00%
|
20,000
|
0.00%
|
Paul Desmarais,
Jr.
|
Total
|
744,980,375
|
81.53%
|
168,735,543
|
18.47%
|
|
Subordinate Voting
Shares
|
197,989,855
|
53.99%
|
168,715,543
|
46.01%
|
|
Participating
Preferred Shares
|
546,990,520
|
100.00%
|
20,000
|
0.00%
|
Gary A.
Doer
|
Total
|
906,947,814
|
99.26%
|
6,768,104
|
0.74%
|
|
Subordinate Voting
Shares
|
359,937,294
|
98.15%
|
6,768,104
|
1.85%
|
|
Participating
Preferred Shares
|
547,010,520
|
100.00%
|
0
|
0.00%
|
Anthony R.
Graham
|
Total
|
862,243,475
|
94.37%
|
51,472,443
|
5.63%
|
|
Subordinate Voting
Shares
|
315,232,955
|
85.96%
|
51,472,443
|
14.04%
|
|
Participating
Preferred Shares
|
547,010,520
|
100.00%
|
0
|
0.00%
|
J. David A.
Jackson
|
Total
|
904,295,146
|
98.97%
|
9,420,772
|
1.03%
|
|
Subordinate Voting
Shares
|
357,284,626
|
97.43%
|
9,420,772
|
2.57%
|
|
Participating
Preferred Shares
|
547,010,520
|
100.00%
|
0
|
0.00%
|
Paula B.
Madoff
|
Total
|
911,355,021
|
99.74%
|
2,360,897
|
0.26%
|
|
Subordinate Voting
Shares
|
364,344,501
|
99.36%
|
2,360,897
|
0.64%
|
|
Participating
Preferred Shares
|
547,010,520
|
100.00%
|
0
|
0.00%
|
Isabelle
Marcoux
|
Total
|
901,661,078
|
98.68%
|
12,054,840
|
1.32%
|
|
Subordinate Voting
Shares
|
354,650,558
|
96.71%
|
12,054,840
|
3.29%
|
|
Participating
Preferred Shares
|
547,010,520
|
100.00%
|
0
|
0.00%
|
Christian
Noyer
|
Total
|
877,528,924
|
96.04%
|
36,186,994
|
3.96%
|
|
Subordinate Voting
Shares
|
330,518,404
|
90.13%
|
36,186,994
|
9.87%
|
|
Participating
Preferred Shares
|
547,010,520
|
100.00%
|
0
|
0.00%
|
R. Jeffrey
Orr
|
Total
|
899,653,972
|
98.46%
|
14,061,946
|
1.54%
|
|
Subordinate Voting
Shares
|
352,643,452
|
96.17%
|
14,061,946
|
3.83%
|
|
Participating
Preferred Shares
|
547,010,520
|
100.00%
|
0
|
0.00%
|
T. Timothy Ryan,
Jr.
|
Total
|
908,148,215
|
99.39%
|
5,567,703
|
0.61%
|
|
Subordinate Voting
Shares
|
361,137,695
|
98.48%
|
5,567,703
|
1.52%
|
|
Participating
Preferred Shares
|
547,010,520
|
100.00%
|
0
|
0.00%
|
Siim A.
Vanaselja
|
Total
|
892,092,516
|
97.63%
|
21,623,402
|
2.37%
|
|
Subordinate Voting
Shares
|
345,081,996
|
94.10%
|
21,623,402
|
5.90%
|
|
Participating
Preferred Shares
|
547,010,520
|
100.00%
|
0
|
0.00%
|
About Power Corporation
Power Corporation is an international management and holding
company that focuses on financial services in North America, Europe and Asia. Its core holdings are leading insurance,
retirement, wealth management and investment businesses, including
a portfolio of alternative asset investment platforms. To
learn more, visit www.PowerCorporation.com.
SOURCE Power Corporation of Canada
Copyright 2020 Canada NewsWire
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