FirstService Announces Election of Directors
April 06 2023 - 6:20PM
FirstService Corporation (TSX: FSV) (NASDAQ: FSV)
(“
FirstService”) today announced that at its
annual and special meeting of shareholders, held virtually earlier
today, the eight director nominees listed in FirstService’s
management information circular dated February 27, 2023 (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 |
34,129,823 |
90.31% |
3,662,485 |
9.69% |
Elizabeth Carducci |
37,753,984 |
99.90% |
38,324 |
0.10% |
Steve H. Grimshaw |
34,093,146 |
90.21% |
3,699,162 |
9.79% |
Jay S. Hennick |
33,972,229 |
89.89% |
3,820,079 |
10.11% |
D. Scott Patterson |
37,731,508 |
99.84% |
60,800 |
0.16% |
Frederick F. Reichheld |
34,372,958 |
90.95% |
3,419,350 |
9.05% |
Joan Eloise Sproul |
37,426,446 |
99.03% |
365,862 |
0.97% |
Erin J. Wallace |
28,489,026 |
75.38% |
9,303,282 |
24.62% |
FirstService shareholders also approved the
appointment of PricewaterhouseCoopers LLP as the auditor of
FirstService for the ensuing year, an amendment to the FirstService
stock option plan along with ratifying and approving the issuance
of certain stock options granted to certain employees of
FirstService 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 US$3.7 billion
in annual revenues and has approximately 27,000 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. More information is available at
www.firstservice.com.
COMPANY CONTACTS:
D. Scott PattersonChief
Executive Officer(416) 960-9566
Jeremy RakusinChief
Financial Officer(416) 960-9566
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