Toromont Industries Ltd.
TSX : TIH

Toromont Industries Ltd.

April 28, 2017 16:50 ET

Toromont Announces Election of Board of Directors

TORONTO, ONTARIO--(Marketwired - April 28, 2017) - Toromont Industries Ltd. (TSX:TIH) ("Toromont") is pleased to announce that all the nominees listed in its Management Information Circular dated February 28, 2017 were elected as directors of Toromont, until the next annual meeting of shareholders. The detailed results of the vote held Thursday, April 27, 2017 are set out below.

Election of Directors

On a vote by ballot, each of the following ten nominees proposed by management was elected as a director of Toromont:

Nominee Total Votes
For
Percentage of Votes In Favour Total Votes
Withheld
Percentage of Votes
Withheld
1. Jeffrey S. Chisholm 58,375,987 98.55% 860,572 1.45%
2. Cathryn E. Cranston 58,471,639 98.71% 764,920 1.29%
3. Robert M. Franklin 58,327,390 98.47% 909,169 1.53%
4. David A. Galloway 58,249,246 98.33% 987,313 1.67%
5. James W. Gill 59,143,103 99.84% 93,456 0.16%
6. Wayne S. Hill 58,501,360 98.76% 735,199 1.24%
7. John S. McCallum 56,764,582 95.83% 2,471,977 4.17%
8. Scott J. Medhurst 59,165,143 99.88% 71,416 0.12%
9. Robert M. Ogilvie 58,119,429 98.11% 1,117,130 1.89%
10. Katherine A. Rethy 57,746,023 97.48% 1,490,536 2.52%

About Toromont

Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations and a growing agricultural equipment business. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities. This press release and more information about Toromont Industries can be found at www.toromont.com.

Contact Information

  • Toromont Industries Ltd.
    Paul R. Jewer
    Executive Vice President and Chief Financial Officer
    (416) 667-5638