Echelon Insurance Announces Election of Directors

TORONTO, May 10, 2017 /CNW/ - Echelon Financial Holdings Inc. ("Echelon") (TSX: EFH) today announced the voting results for the election of its board of directors at its annual general meeting of shareholders on May 9, 2017.

Eight nominees listed in Echelon's management information circular dated March 10, 2017, were elected as directors.  As previously reported, Dan Courtemanche, for personal reasons, withdrew his name as nominee shortly before the annual general meeting.  The detailed results of the vote held at its AGM, are set out below.

NAME

VOTES IN FAVOR

%

VOTES WITHHELD

%

James Falle

8,479,969

99.94%

5,422

0.06%

Serge Lavoie

8,479,969

99.94%

5,422

0.06%

Andrew Pastor

8,479,969

99.94%

5,422

0.06%

Gary Quon

8,479,869

99.93%

5,522

0.07%

Sharon Ranson

8,479,969

99.94%

5,422

0.06%

Brian Reeve

8,479,969

99.94%

5,422

0.06%

David Thomson

8,479,969

99.94%

5,422

0.06%

Murray Wallace

8,479,969

99.94%

5,422

0.06%

 

The resolution to re-appoint PricewaterhouseCoopers LLP as the auditors of the Corporation was carried.

Serge Lavoie, CEO of Echelon, thanked the departing directors, Rob Purves, Peter Crawford, Angus Ross and Ani Hotoyan-Joly for their valuable contributions during their service as director.

About Echelon Financial Holdings Inc.

Founded in 1998, Echelon operates in the property and casualty insurance industry in Canada, providing personal and commercial lines insurance exclusively through the broker channel. The Company operates and distributes insurance products through Echelon Insurance and The Insurance Company of Prince Edward Island. It trades on the Toronto Stock Exchange under the symbol EFH. For more information, please visit echeloninsurance.ca.

SOURCE Echelon Financial Holdings Inc.

For further information: Contact information: Kathy Shulman, Manager, Investor Relations; 905-214-7880, ir@echeloninsurance.ca

RELATED LINKS
http://www.echeloninsurance.ca/

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890