Shareholders' Proposals to the Annual General Meeting
(Thomson Reuters ONE) -
KESKO CORPORATION STOCK EXCHANGE RELEASE 09.02.2011 AT 09.30 1(2)
Kesko Corporation's shareholders jointly representing over 10% of the votes
carried by the company shares have made a proposal to the Annual General Meeting
to be held on 4 April 2011 concerning the number of Board members, their
remuneration and reimbursement of their expenses.
Proposal for the number of Board members
Kesko Corporation's shareholders who jointly represent over 10% of the votes
carried by the company shares have proposed that the company's Annual General
Meeting resolve that the number of Board members be unchanged at seven (7).
Proposal for the remuneration of Board members and the reimbursement of their
expenses
In addition, the said shareholders propose that the remuneration of the Board
members and the reimbursement of their expenses be unchanged. Their remuneration
and reimbursement of their expenses is as follows:
- the Chair of the Board, an annual fee of 80,000 euros,
- the Deputy Chair of the Board, an annual fee of 50,000 euros,
- a member of the Board, an annual fee of 37,000 euros,
- meeting fee of 500 euros/meeting for a Board meeting and its Committee's
meeting, however a meeting fee of 1,000 euros/meeting to a Chair of a Committee
who is not the Chair or the Deputy Chair of the Board,
- daily allowances and compensation for travelling expenses are paid to the
members of the Board in accordance with the general travel rules of Kesko.
The above proposals will be included in the notice of the Annual General
Meeting, which will be published separately.
The Annual General Meeting held on 30 March 2009 resolved that the number of
Board members is seven (7), and elected seven (7) Board members for a term
specified by the Articles of Association, expiring at the close of the 2012
Annual General Meeting. The Board members elected by the 2009 Annual General
Meeting are Heikki Takamäki, Seppo Paatelainen, Maarit Näkyvä, Ilpo Kokkila, Esa
Kiiskinen, Mikko Kosonen and Rauno Törrönen.
Further information is available from Vice President, General Counsel Anne
Leppälä-Nilsson, tel. +358 1053 22347.
Kesko Corporation
Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility
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Source: Kesko Oyj via Thomson Reuters ONE
[HUG#1486878]
Unternehmensinformation / Kurzprofil:
Datum: 09.02.2011 - 08:31 Uhr
Sprache: Deutsch
News-ID 51250
Anzahl Zeichen: 3192
contact information:
Town:
Kesko
Kategorie:
Business News
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