Equitable Group Inc. Announces Director Election Results
TORONTO, May 14, 2014 /CNW/ - Equitable Group Inc. (TSX: EQB and EQB.PR.A) today announced that at its Annual Meeting of Shareholders held earlier today, the ten nominees proposed as directors in the Company's Management Information Circular dated April 9, 2014 were elected as directors on a vote conducted by a show of hands.
The detailed results of the votes received by proxy with respect to each nominee are set out below:
NOMINEE
|
VOTES FOR
|
VOTES WITHHELD
|
Eric Beutel
|
10,414,984
|
99.99%
|
700
|
0.01%
|
Michael Emory
|
10,414,384
|
99.99%
|
1,300
|
0.01%
|
Eric Kirzner
|
10,413,678
|
99.98%
|
2,006
|
0.02%
|
David LeGresley
|
10,311,059
|
99.00%
|
104,625
|
1.00%
|
Lynn McDonald
|
10,308,515
|
98.97%
|
107,169
|
1.03%
|
Andrew Moor
|
10,414,884
|
99.99%
|
800
|
0.01%
|
Katherine Rethy
|
10,407,964
|
99.93%
|
7,720
|
0.07%
|
Rowan Saunders
|
10,413,478
|
99.98%
|
2,206
|
0.02%
|
Vincenza Sera
|
10,306,783
|
98.95%
|
108,901
|
1.05%
|
Michael Stramaglia
|
10,412,340
|
99.97%
|
3,344
|
0.03%
|
About Equitable Group Inc.
Equitable Group Inc. is a growing Canadian financial services business that serves the market through its wholly-owned subsidiary, Equitable Bank. Equitable Bank is a federally regulated Schedule I Bank with total assets of approximately $12 billion, with more than 300 employees and proven capabilities in lending and deposit-taking. The Company's integrated operations are organized according to specialty. Within Equitable Bank's Core Lending business, Single Family Lending Services funds mortgages for owner-occupied and investment properties across Canada while Commercial Lending Services provides mortgages on a variety of commercial properties on a national basis. Equitable's Securitization Financing business originates and securitizes insured residential mortgages under the Canada Mortgage and Housing Corporation administered National Housing Act. Equitable Bank provides savings products including Guaranteed Investment Certificates and savings accounts. For more information, visit the Company's website at www.equitablegroupinc.com.
SOURCE Equitable Group Inc.
For further information: Andrew Moor, President and Chief Executive Officer, 416-515-7000; Tim Wilson, Vice President and Chief Financial Officer, 416-515-7000