07:59:46 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Resolute Forest Products Inc
Symbol RFP
Shares Issued 91,229,306
Close 2019-05-23 C$ 8.76
Market Cap C$ 799,168,721
Recent Sedar Documents

Resolute Forest shareholders approve all matters at AGM

2019-05-24 13:48 ET - News Release

Mr. Randall Benson reports

RESOLUTE STOCKHOLDERS VOTE IN FAVOR OF EACH PROPOSAL AT ANNUAL MEETING

Resolute Forest Products Inc. today held its annual meeting of stockholders in Cleveland, Tenn. In total, 83,967,574 shares, or 92.17 per cent of the outstanding shares, were voted at the meeting. Shareholders voted in favour of each proposal, including the re-election of eight director nominees and the election of one new board member appointed on Jan. 31, 2019, by a 91.17-per-cent majority.

Nominee                               For                        Against           Abstain    Non-votes
                       Number of shares        %    Number 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 Rheaume                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 favourably 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 Inc.

Resolute 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 approximately 40 facilities as well as power generation assets in the United States and Canada. Resolute has third party certified 100 per cent of its managed woodlands to internationally recognized sustainable forest management standards.

© 2024 Canjex Publishing Ltd. All rights reserved.