GUELPH, ON, May 27, 2020 /CNW/ - Linamar Corporation (TSX:
LNR) today announced detailed results of the votes cast for two
motions held during the Annual General Meeting of the Company on
Wednesday, May 27, 2020 in
Guelph, Ontario, as set out
below.
Election of Directors
The following nominees, as
listed in the management proxy circular, for the 2020 Annual
Meeting of Shareholders were elected as directors of Linamar
Corporation.
Nominees
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
Frank
Hasenfratz
|
36,059,524
|
72.02%
|
14,012,510
|
27.98%
|
Linda
Hasenfratz
|
30,961,554
|
61.83%
|
19,110,480
|
38.17%
|
Mark
Stoddart
|
30,887,611
|
61.69%
|
19,184,423
|
38.31%
|
Terry
Reidel
|
40,642,409
|
81.17%
|
9,429,625
|
18.83%
|
Lisa
Fowell
|
43,716,250
|
87.31%
|
6,355,784
|
12.69%
|
Dennis
Grimm
|
41,369,342
|
82.62%
|
8,702,692
|
17.38%
|
Appointment of Auditors
The shareholders were asked to re-appoint PricewaterhouseCoopers
LLP as the auditors of the Corporation.
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
Appointment of
PricewaterhouseCoopers LLP
|
48,713,742
|
97.29%
|
1,357,789
|
2.71%
|
Linamar Corporation (TSX: LNR) is an advanced manufacturing
company where the intersection of leading edge technology and deep
manufacturing expertise is creating solutions that power vehicles,
motion, work and lives for the future. The Company is made up of 2
operating segments – the Industrial segment and the Transportation
segment, which are further divided into 5 operating groups –
Skyjack, Agriculture, Machining & Assembly, Light Metal Casting
and Forging, all world leaders in the design, development and
production of highly engineered products. The Company's Skyjack and
MacDon companies are noted for their innovative, high quality
mobile industrial and harvesting equipment, notably class-leading
aerial work platforms, telehandlers, draper headers and
self-propelled windrowers. The Company's Machining & Assembly,
Light Metal Casting and Forging operating groups focus on precision
metallic components, modules and systems for driveline, body and
powertrain systems designed for global electrified and
traditionally powered vehicle and industrial markets. Linamar has
27,000 employees in 61 manufacturing locations, 11 R&D centres
and 25 sales offices in 17 countries in North and South America, Europe and Asia which generated sales of $7.4 billion in 2019. For more information about
Linamar Corporation and its industry leading products and services,
visit www.linamar.com or follow us on Twitter at @LinamarCorp
SOURCE Linamar Corporation