Gannett Shareholders Elect All Eight Gannett Directors at 2019 Annual Meeting Based on Preliminary Results
May 16 2019 - 9:16AM
Business Wire
Gannett Co., Inc. (NYSE: GCI) (“Gannett” or “company”) today
announced that, based on the preliminary vote count provided by its
proxy solicitor following the company’s 2019 annual meeting of
shareholders, shareholders have elected all eight of Gannett’s
highly experienced and independent director nominees to the Gannett
board – John Jeffry Louis, John E. Cody, Stephen W. Coll, Donald E.
Felsinger, Lila Ibrahim, Lawrence S. Kramer, Debra A. Sandler and
Chloe R. Sladden.
Gannett issued the following statement:
We are pleased with the preliminary outcome
of the vote, and the Gannett board and management team thank our
shareholders for their input, participation and support throughout
the proxy contest. Consistent with the interactions with our
investors leading up to the meeting, this outcome demonstrates that
Gannett shareholders recognize the continued progress we have made
toward our ongoing digital transformation and agree that our
strategic plan is the best path to deliver value for all Gannett
shareholders. Our shareholders also understand that the broad and
diverse backgrounds, professional experiences and skills of our
directors make them uniquely qualified to oversee Gannett’s
achievement of its strategic objectives and transformation
plan.
Importantly, we also want to recognize all of
our dedicated employees for their commitment and hard work
throughout this process. We remain focused on executing our
strategy to create value for our customers and shareholders by
continuing to be a news leader and driving growth in digital
subscribers, audience engagement and advertising and marketing
services revenues, while upholding the company’s commitment to
journalistic excellence.
The results of the vote announced today are considered
preliminary until final results are tabulated and certified by the
independent Inspector of Elections. Final results will be reported
on a Form 8-K that will be filed with the U.S. Securities and
Exchange Commission, at which time they will become available on
investors.gannett.com and www.sec.gov.
About Gannett
Gannett Co., Inc. (NYSE: GCI) is an innovative, digitally
focused media and marketing solutions company committed to
strengthening communities across our network. With an unmatched
local-to-national reach, Gannett touches the lives of more than 125
million people monthly with our Pulitzer-Prize winning content,
consumer experiences and benefits, and advertiser products and
services. Gannett brands include USA TODAY NETWORK with the iconic
USA TODAY and more than 100 local media brands, digital marketing
services companies ReachLocal, WordStream and SweetIQ, and U.K.
media company Newsquest. To connect with us, visit
www.gannett.com.
Forward-Looking Statements
This communication contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements include all statements that are
not historical facts. The words “believe,” “expect,” “estimate,”
“could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,”
“project” and similar expressions, among others, generally identify
forward-looking statements, which speak only as of the date the
statements were made and are not guarantees of future performance.
Where, in any forward-looking statement, an expectation or belief
as to future results or events is expressed, such expectation or
belief is based on the current plans and expectations of our
management and expressed in good faith and believed to have a
reasonable basis, but there can be no assurance that the
expectation or belief will result or be achieved or accomplished.
Whether or not any such forward-looking statements are in fact
achieved will depend on future events, some of which are beyond our
control. The matters discussed in these forward-looking statements
are subject to a number of risks, trends, uncertainties and other
factors that could cause actual results or events to differ
materially from those projected, anticipated or implied in the
forward-looking statements, including the matters described under
the heading “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” in the
company’s annual report on Form 10-K for fiscal year 2018 and in
the company’s other SEC filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20190516005634/en/
For investor inquiries:Stacy CunninghamVice President,
Financial Planning & Investor
Relations703-854-3168investors@gannett.comArthur Crozier / Jennifer
Shotwell / Larry MillerInnisfree M&A Incorporated(212)
750-5833For media inquiries:Amber AllmanVice President,
Corporate Events &
Communications703-854-5358aallman@gannett.comEd Trissel / Nick
Lamplough / Tanner Kaufman / Tim RagonesJoele Frank, Wilkinson
Brimmer Katcher(212) 355-4449
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