| All voting shareholders should have received their 2001 CIRI board proxy materials for the upcoming annual meeting of shareholders to be held on Saturday, June 2. This packet of materials provides an official notice of the annual meeting, the annual report discussing the corporation's business activities for the year 2000, and a CIRI board proxy form.
This year, there have been some changes made to the proxy form and related materials. After focus group research and polling of shareholders, the board determined it is in the company's interest to return to the previous CIRI board proxy form. The focus group research indicated some shareholders found last year's proxy form confusing, with the listing of numerous other candidates and write-in lines. In addition, some candidates declined to participate in the materials and preferred to send their own proxy forms and materials anyway. "I believe the board looked at this issue thoughtfully and made the right decision. CIRI is stronger than ever and poised to enter a new era of growth and success. For these reasons, it is important in my judgment to maintain a strong, stable, and knowledgeable board to lead the company," said CIRI President and CEO Carl Marrs. |
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| Using your board proxy materials | |
| CIRI's 2000 annual report and board proxy materials for the 2001 Annual Meeting of Shareholders were mailed on April 23. All voting shareholders are encouraged to read through the following materials contained in the packet:
Annual Report - This report provides shareholders with an overview of the corporation's financial activities for the previous year with audited financial statements of the company. Notice of Annual Meeting of Shareholders & CIRI Proxy Statement - This is an official announcement of the 2001 Annual Meeting of Shareholders from the secretary of the CIRI board of directors. This notice also explains the purpose of the meeting, which is to hear a business report on CIRI's operations for 2000, elect five directors to the CIRI board for three-year terms, and to transact other business that may properly be brought forward at the meeting. The CIRI Proxy Statement includes information about the election process and its rules, the proxy format, the CIRI board-endorsed candidates, continuing board members, and provides other important information. CIRI Proxy - Please sign, date, and return your CIRI proxy as soon as possible. Return Envelope - Use this envelope to return your CIRI proxy postage pre-paid. Shareholder Participation Committee Reply Card - This card provides shareholders an opportunity to participate in a drawing to choose new members of the CIRI Shareholder Participation Committees. Following the annual meeting, the names of eight replacement members will be drawn to fill two-year terms on the three Shareholder Participation Committees. Notice of Prize Drawings - There are many exciting prizes this year, including early bird prizes for proxies (for any proxy holder or candidate) returned by May 9, 2001. Questions? Comments? - Fill out and return this card if you would like a board member or candidate to contact you. |
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