VANCOUVER, April 29, 2016 /CNW/ – GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp" or the "Company") announces the voting results for the election of its Board of Directors, which took place at the Company's Annual and Special Meeting held on April 28, 2016. The nominees listed in the management proxy circular dated March 14, 2016 were elected as directors ofGoldcorp at the meeting. Detailed results of the votes are set out below:
Outcome of the | Votes by Ballot | ||
Votes For | Votes Withheld | ||
(a) Beverley A. Briscoe | Carried | 508,101,287 (98.53%) | 7,563,917 (1.47%) |
(b) Peter J. Dey | Carried | 502,652,770 (97.48%) | 13,012,434 (2.52%) |
(c) Margot A. Franssen, O.C. | Carried | 511,229,572 (99.14%) | 4,435,632 (0.86%) |
(d) David A. Garofalo | Carried | 509,410,048 (98.79%) | 6,255,156 (1.21%) |
(e) Clement A. Pelletier | Carried | 511,183,282 (99.13%) | 4,481,922 (0.87%) |
(f) P. Randy Reifel | Carried | 492,692,357 (95.55%) | 22,972,847 (4.45%) |
(g) Ian W. Telfer | Carried | 501,057,999 (97.17%) | 14,607,205 (2.83%) |
(h) Blanca Treviño | Carried | 510,366,432 (98.97%) | 5,298,772 (1.03%) |
(i) Kenneth F. Williamson | Carried | 503,463,413 (97.63%) | 12,201,791 (2.37%) |
At the Annual and Special Meeting, the shareholders of the Company also approved: (i) the appointment of the auditors and authorized the directors to fix their remuneration, (ii) an amendment to the Company's Restricted Share Unit ("RSU") plan, and (iii) a non-binding advisory resolution accepting the Company's approach to executive compensation. The voting results on each resolution are set out below:
Appointment of Auditor | ||
Outcome of the | Votes by Ballot | |
Votes For | Votes Withheld | |
Carried | 570,581,384 | 7,484,271 |
Amendment to the RSU Plan | ||
Outcome of the | Votes by Ballot | |
Votes For | Votes Against | |
Carried | 471,109,536 | 44,555,661 |
Say-On-Pay Advisory Vote | ||
Outcome of the | Votes by Ballot | |
Votes For | Votes Against | |
Carried | 400,829,971 | 114,835,127 |
The Company also announced that in connection with the election of directors at the Annual and Special Meeting the number of directors decreased from 11 to 9. John P. Bell, Douglas M. Holtby and Charles A. Jeannes have retired from the Board of Directors. Beverley A. Briscoe has been appointed Vice-Chair and Lead Director and David Garofalo, President and CEO has been elected to the Board of Directors by the shareholders of the Company.
"On behalf of the Board of Directors, I would like to extend my sincere gratitude to Doug, Chuck and John for their many years of service and wish them the very best going forward," said Ian Telfer, Chairman of Goldcorp. "As a director and chair of the Audit Committee, Bev has brought diverse financial, accounting and business experience to the board and I look forward to continuing to work with her as she assumes the additional responsibilities of Vice-Chair and Lead Director."
About Goldcorp
Goldcorp is a global senior gold producer focused on responsible mining practices with safe, low-cost production from a high-quality portfolio of mines.
SOURCE Goldcorp Inc.
