PotashCorp Announces Election of Directors and Incoming Board Chair
13.05.2015 | CNW
SASKATOON, May 12, 2015 /CNW/ - Potash Corporation of Saskatchewan Inc. (PotashCorp) (Symbol: POT Listed: TSX, NYSE) announced today that the eleven nominees listed in the management proxy circular for the 2015 Annual and Special Meeting of Shareholders were elected as directors of PotashCorp earlier today at the shareholder meeting held in Saskatoon, Saskatchewan.Detailed results of the vote for the election of directors held at the meeting are set out below.
| Director | Votes For | % For | Votes Withheld* | % Withheld |
| Christopher Burley | 535,027,418 | 98.98% | 5,494,892 | 1.02% |
| Donald Chynoweth | 536,693,740 | 99.29% | 3,828,570 | 0.71% |
| John Estey | 526,104,174 | 97.33% | 14,418,136 | 2.67% |
| Gerald Grandey | 534,025,153 | 98.80% | 6,497,157 | 1.20% |
| C. Steven Hoffman | 536,718,985 | 99.30% | 3,803,325 | 0.70% |
| Alice Laberge | 502,963,887 | 93.05% | 37,558,423 | 6.95% |
| Consuelo Madere | 538,774,472 | 99.68% | 1,747,838 | 0.32% |
| Keith Martell | 506,276,370 | 93.66% | 34,245,940 | 6.34% |
| Jeffrey McCaig | 502,969,928 | 93.05% | 37,552,382 | 6.95% |
| Jochen Tilk | 536,674,126 | 99.29% | 3,848,184 | 0.71% |
| Elena Viyella de Paliza | 501,750,250 | 92.83% | 38,772,060 | 7.17% |
| (*) Includes shares voted against by way of ballot | ||||
At the meeting, shareholders also voted: (i) to approve the appointment of Deloitte LLP as auditors of the company (97.40% voted in favor), (ii) to approve the adoption of the company's 2015 performance option plan (92.68% voted in favor), (iii) to approve the advisory resolution accepting PotashCorp's approach to executive compensation (97.31% voted in favor), (iv) to confirm amendments to the company's general by-law (98.46% voted in favor) and (v) against a shareholder proposal (93.28% voted against).
Full voting results on all matters voted on at the meeting will be filed on SEDAR at www.sedar.com and EDGAR at www.sec.gov.
Retiring from PotashCorp's Board as of May 12, 2015 were Board Chair, Dallas Howe and Director, Mary Mogford. John Estey was elected to serve as the incoming independent Board Chair effective May 12, 2015
PotashCorp is the world's largest crop nutrient company and plays an integral role in global food production. The company produces the three essential nutrients required to help farmers grow healthier, more abundant crops. With the global population rising and diets improving in developing countries, these nutrients offer a responsible and practical solution to meeting the long-term demand for food. PotashCorp is the largest producer, by capacity, of potash and among the largest in nitrogen and phosphate. While agriculture is its primary market, the company also produces products for animal nutrition and industrial uses. Common shares of Potash Corporation of Saskatchewan Inc. are listed on the Toronto Stock Exchange and the New York Stock Exchange.
SOURCE Potash Corporation of Saskatchewan Inc.
Contact
Investors:
Denita Stann, Vice President, Investor and Public Relations
Phone: (306) 933-8521
Fax: (306) 933-8844
Email: ir@potashcorp.com
Media:
Randy Burton, Director, Public Relations and Communications
Phone: (306) 933-8849
Fax: (306) 933-8844
Email: pr@potashcorp.com
Website: www.potashcorp.com
