News Releases
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Resolute Stockholders Vote in Favor of Each Proposal at Annual Meeting
MONTREAL, May 24, 2019 /CNW Telbec/ - Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today held its annual meeting of stockholders in Cleveland, Tennessee. A total of 83,967,574 shares, or 92.17% of the outstanding shares, were voted at the meeting. Shareholders voted in favor of each proposal, including the re-election of eight director nominees and the election of one new Board member appointed on January 31, 2019, by a 91.17% majority:
NOMINEE
FOR
AGAINST
ABSTAIN
NON-VOTES
# of shares
%
# of shares
%
# of shares
Randall C. Benson
74,633,619
92.25
1,213,011
1.50
5,057,353
3,063,591
Suzanne Blanchet
75,096,530
92.83
748,236
0.92
5,059,217
3,063,591
Jennifer C. Dolan
74,724,118
92.36
1,121,343
1.39
5,058,522
3,063,591
Richard D. Falconer
74,541,226
92.14
1,305,351
1.61
5,057,406
3,063,591
Jeffrey A. Hearn
74,843,072
92.51
1,004,053
1.24
5,056,858
3,063,591
Yves Laflamme
74,975,147
92.67
871,613
1.08
5,057,223
3,063,591
Bradley P. Martin
73,756,299
91.17
2,090,278
2.58
5,057,406
3,063,591
Alain Rhéaume
74,549,140
92.15
1,296,708
1.60
5,058,135
3,063,591
Michael S. Rousseau
74,545,508
92.14
1,295,430
1.60
5,063,045
3,063,591
The other proposals on which stockholders voted favorably included:
- The ratification of the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the 2019 fiscal year.
- An advisory vote to approve compensation of the company's named executive officers, as disclosed in the proxy statement.
- A vote to approve the company's 2019 Equity Incentive Plan and its material terms, as disclosed in the proxy statement.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products, newsprint and specialty papers, which are marketed in close to 70 countries. The company owns or operates some 40 facilities, as well as power generation assets, in the United States and Canada. Resolute has third-party certified 100% of its managed woodlands to internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange.
Resolute has received regional, North American and global recognition for its leadership in corporate social responsibility and sustainable development, as well as for its business practices. Visit www.resolutefp.com for more information.
SOURCE Resolute Forest Products Inc.
For further information: Investors, Silvana Travaglini, Treasurer and Vice President, Investor Relations, 514-394-2217, ir@resolutefp.com; Media and Others, Seth Kursman, Vice President, Corporate Communications, Sustainability and Government Affairs, 514-394-2398, seth.kursman@resolutefp.com