WINNIPEG, May 10, 2019 /CNW/ - (TSX:NFI) The Board of
Directors (the "Board") of NFI Group Inc. ("NFI" or the "Company"),
the leading bus and motor coach manufacturer and parts distributor
in North America, is pleased to
announce that Katherine (Kathy)
Winter, the Vice President & General Manager, Automated
Driving Solutions Division of Intel Corporation (Intel's global
organization which delivers comprehensive platforms for Advanced
Driver Assist Systems and Autonomous Driving solutions), was
elected as a Director of the NFI Board at the Company's annual
general meeting of shareholders (the "AGM") held in Toronto yesterday.
![NFI Group Inc. (CNW Group/NFI Group Inc.) NFI Group Inc. (CNW Group/NFI Group Inc.)](https://mma.prnewswire.com/media/885336/NFI_Group_Inc__NFI_Announces_Election_of_Directors__Including_Ne.jpg)
"We're thrilled to have Kathy join the NFI Board as her
professional and educational background makes her a tremendous
addition," said the Honourable Brian Tobin, Chairperson of the
Board of NFI. "As the Company continues to grow and diversify its
leading position in the North American bus and motor coach markets
and as the future of mobility evolves, NFI will play a leading role
in driving innovation. Kathy's Silicon Valley network and global
experience in the world of autonomous driving, telematics, big data
and disruptive technologies are critical skills that we
specifically targeted to add to the Board."
"I am proud to join the NFI Board and I look forward to working
with my fellow Directors and the management team of one of
North America's leading bus
companies," said Ms. Winter. "I'm excited to leverage my
experience to help the Company advance its technology initiatives
and generate value for its shareholders."
Prior to joining Intel, Ms. Winter was Vice President, Software
& Services, Automated Driving for Delphi Electronics &
Safety, where she led automated driving efforts, global new-growth
strategies for embedded and aftermarket software products, and
cloud-based automotive and consumer services.
Between 1984 and 2011, Ms. Winter held senior R&D and
business positions at Motorola in cellular infrastructure,
telematics, and mobile phones. Ms. Winter holds a Bachelor of
Science in Industrial Engineering from University of Illinois, a Masters of Business
Administration from The University of
Chicago and attended Harvard's
Board Governance Executive Program.
The Company is also pleased to announce that the other eight
nominees listed in the management information circular dated
March 23, 2019, were also elected as
Directors of NFI. The detailed results of the vote for the election
of directors held at the AGM are set out below.
Name of
Nominee
|
Votes
For
|
%
For
|
Votes
Withheld
|
%
Withheld
|
Phyllis
Cochran
|
34,181,941
|
99.86
|
48,948
|
0.14
|
Larry
Edwards
|
33,970,812
|
99.24
|
260,077
|
0.76
|
Adam Gray
|
25,569,634
|
74.70
|
8,661,255
|
25.30
|
Krystyna
Hoeg
|
33,999,008
|
99.32
|
231, 881
|
0.68
|
John
Marinucci
|
34,166,905
|
99.81
|
63,984
|
0.19
|
Paulo Cezar da Silva
Nunes
|
33,978,038
|
99.26
|
252,851
|
0.74
|
Paul
Soubry
|
34,149,987
|
99.76
|
80,902
|
0.24
|
The Honourable Brian
Tobin
|
33,937,149
|
99.14
|
293,740
|
0.86
|
Katherine
Winter
|
33,938,697
|
99.15
|
292,192
|
0.85
|
Final voting results on all matters voted on at the AGM will be
available at www.nfigroup.com and will be filed with the Canadian
securities regulators and available on SEDAR at www.sedar.com.
About NFI Group Inc.
With over 6,300 team members,
operating from 31 facilities across Canada and the
United States, NFI is North
America's largest bus manufacturer providing a comprehensive
suite of mass transportation solutions under brands: New
Flyer® (heavy-duty transit buses), ARBOC®
(low-floor cutaway and medium-duty buses), MCI® (motor
coaches), and NFI Parts™ (parts, support, and service). NFI buses
incorporate the widest range of drive systems available including:
clean diesel, natural gas, diesel-electric hybrid, and
zero-emission electric (trolley, battery, and fuel cell) on proven
bus platforms.
In total, NFI supports over 74,000 buses and coaches currently
in service across North America.
For the fiscal year ended December 30,
2018, NFI posted revenues of US $2.5
billion. Further information is available at
www.nfigroup.com, www.newflyer.com, www.mcicoach.com and
www.arbocsv.com. The common shares of NFI are traded on the Toronto
Stock Exchange under the symbol "NFI".
SOURCE NFI Group Inc.