| More than 700 shareholders and family members turned
out in person for this year’s Annual Meeting of CIRI Shareholders.
In addition to electing five directors to serve three-year terms,
shareholders heard a business presentation, enjoyed lunch, and visited
with friends and family members. |
| Election of Directors |
The 2003 voting results for election of CIRI Board of Directors are as follows:
Candidate Clare Swan Gosta Dagg William C. Prosser 421,933.45 William D. English 372,135.44 Harold F. Rudolph 361,437.33 Bart K. Garber 31,233.50 Thomas P. Huhndorf 21,869.47 Darlene “Dalee” Sambo 13, 828.69 Karen E. Caindec 12,031.28 Kristian “Kris” Anderson 5,336.42 Total votes cast 2,086,226.91 Percentage of Total Votes Cast Board endorsed slate Alliance slate Other |
Votes 423,290.83 422,630.50 421,933.45 372,135.44 361,437.33 31,233.50 21,869.47 13, 828.69 12,031.28 5,336.42 2,086,226.91 62.85% 37.13% 0.02% 100.00% |
Consideration of Resolutions
Resolution 1:
Resolved that the Resolution to establish and fund an irrevocable elders’ settlement trust, as set forth in the Supplemental Proxy Statement, dated April 18, 2003, is hereby approved.
Yes 348,419.379 |
No 29,052.215 |
Abstain 43,142.929 |
As a percentage of total shares eligible to vote:
Yes 58.8% |
No 4.9% |
Abstain 7.3% |
Resolution 2:
Resolved that the decision whether to declare a special dividend be left to the sound discretion of the CIRI Board of Directors, taking into account the company’s needs for future growth and quarterly dividends, and giving consideration to special dividends when the company can afford them.
Yes 160,293.250 |
No 217,231.708 |
Abstain 42,229.596 |
As a percentage of total shares eligible to vote:
Yes 27.1% |
No 36.7% |
Abstain 7.1% |
Resolution 3:
Resolved that the CIRI Board of Directors should declare a special dividend of $100 per share (approximately $62.8 million).
Yes 255,677.877 |
No 122,457.049 |
Abstain 42,609.596 |
As a percentage of total shares eligible to vote:
Yes 43.2% |
No 20.7% |
Abstain 7.2% |
The 29 advisory resolutions introduced on the floor by shareholders at this year’s Annual Meeting failed to pass.
| Shareholder Participation
Committees |
|
|
|
|
|
|
| Annual
Meeting Prize Winners |
2003 Early
Bird Prize Winners (Drawn from proxies received by May 2, 2003) $2,500 Winner Marnell Helen Ritter $500 Winners Charles Allen Gilligan Edson Nicholas Fadaoff, Jr. Jean Ann Maher Kimberly Sue Pierce Sandra Lee Sturdy $250 Winners Elliott M. Eakon, Sr. Gloria Tippins Kristy Lynn Bain Mary Ellen Hale Minnie Grace Scribner Paula Sarah Myomick Sonja Lorene Pattee Suzanne Jeanine Jackson Teena Louise Gile Vicki Wise |
Late Bird
Prize Winner Steven E. Toms won four days/three nights at The Ritz-Carlton, Lake Las Vegas Resort, airfare for two, and $1,000 cash. |
Previous Article | Top | Next Article | Return to the list of newsletters