FirstService Announces Election of Directors
April 07 2022 - 7:30AM
FirstService Corporation (TSX: FSV) (NASDAQ: FSV)
(“
FirstService”) today announced that at its
annual meeting of shareholders, held in Toronto yesterday, the
eight director nominees listed in FirstService’s management
information circular dated February 25, 2022 (the
“
Circular”) were elected as directors of
FirstService. Directors have been elected to serve until the close
of the next annual meeting of shareholders. The detailed results of
the vote are set out below.
Nominee |
Votes For |
% Votes For |
Votes Withheld |
% Votes Withheld |
Yousry Bissada |
25,902,763 |
85.443% |
4,413,072 |
14.557% |
Bernard I. Ghert |
29,472,456 |
97.218% |
843,379 |
2.782% |
Steve H. Grimshaw |
30,031,689 |
99.063% |
284,146 |
0.937% |
Jay S. Hennick |
29,432,544 |
97.086% |
883,291 |
2.914% |
D. Scott Patterson |
30,287,442 |
99.906% |
28,393 |
0.094% |
Frederick F. Reichheld |
29,355,980 |
96.834% |
959,855 |
3.166% |
Joan Eloise Sproul |
30,104,548 |
99.303% |
211,287 |
0.697% |
Erin J. Wallace |
20,095,805 |
66.288% |
10,220,030 |
33.712% |
* The number of votes disclosed
reflects proxies received by management in advance of the
meeting.
FirstService shareholders also approved the
appointment of PricewaterhouseCoopers LLP as the auditor of
FirstService for the ensuing year and a non-binding advisory
resolution on FirstService’s approach to executive compensation,
all as set out in the Circular.
About FirstService
Corporation
FirstService Corporation is a North
American leader in the property services sector, serving its
customers through two industry-leading service
platforms: FirstService Residential, North
America’s largest manager of residential communities;
and FirstService Brands, one of North
America's largest providers of essential property services
delivered through individually branded franchise systems and
company-owned operations.
FirstService generates more than $3.2 billion in
annual revenues and has approximately 25,000 employees across North
America. With significant insider ownership and an experienced
management team, FirstService has a long-term track record of
creating value and superior returns for shareholders. The
common shares of FirstService trade on the NASDAQ and the Toronto
Stock Exchange under the symbol “FSV”, and are included in the
S&P/TSX 60 Index. For the latest news from FirstService
Corporation, visit www.firstservice.com.
COMPANY CONTACTS:
D. Scott PattersonChief
Executive Officer(416) 960-9566
Jeremy RakusinChief
Financial Officer(416) 960-9566
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