Global Water Resources Reports Results of Director Election
04 Maggio 2023 - 1:15AM
Global Water Resources Inc., ("the Company"), (NASDAQ: GWRS),
announced that the nominees listed in the Proxy Statement, dated
March 25, 2023, for the 2023 Annual Meeting of Stockholders ("the
Meeting") were selected as Directors of the Company.
As of the March 13, 2023, record date for the
determination of the shareholders entitled to notice of and to vote
at the meeting, 23,871,046 shares of common stock were outstanding
and eligible to vote. A total of 21,041,848 shares were voted in
person or by proxy at the meeting.
The results of the vote for the election of the
Directors at the Meeting were as follows:
|
Votes For |
% of Total Shares Voted |
Votes Withheld |
% of Total Shares Voted |
Broker Non-Vote |
% of Total Shares Voted |
(1) Ron L. Fleming |
19,655,117 |
93.41% |
186,783 |
0.89% |
1,199,948 |
5.70% |
(2) Richard M. Alexander |
18,362,196 |
87.27% |
1,479,704 |
7.03% |
1,199,948 |
5.70% |
(3) Debra G. Coy |
17,898,616 |
85.06% |
1,943,284 |
9.24% |
1,199,948 |
5.70% |
(4) Brett Huckelbridge |
19,526,372 |
92.80% |
315,528 |
1.50% |
1,199,948 |
5.70% |
(5) David Rousseau |
18,520,689 |
88.02% |
1,321,211 |
6.28% |
1,199,948 |
5.70% |
(6) Jonathan L. Levine |
19,466,824 |
92.51% |
375,076 |
1.78% |
1,199,948 |
5.70% |
(7)
Andrew M. Cohn |
19,465,216 |
92.51% |
376,684 |
1.79% |
1,199,948 |
5.70% |
In addition, at the Meeting, the appointment of Deloitte &
Touche LLP as the Company's independent registered public
accounting firm for the fiscal year ending December 31, 2023 was
ratified.
The results of the vote were as follows:
Votes For |
% of Total Shares Voted |
Against |
% of Total Shares Voted |
Abstain |
% of Total Shares Voted |
Broker Non-Vote |
% of Total Shares Voted |
20,974,629 |
99.68% |
49,387 |
0.23% |
17,832 |
0.08% |
- |
0.00% |
In addition, at the Meeting, approval on an advisory basis, of
the compensation of the Company’s named executive officers was
approved.
The results of the vote were as follows:
Votes For |
% of Total Shares Voted |
Against |
% of Total Shares Voted |
Abstain |
% of Total Shares Voted |
Broker Non-Vote |
% of Total Shares Voted |
18,997,149 |
90.28% |
819,350 |
3.89% |
25,401 |
0.12% |
1,199,948 |
5.70% |
About Global Water
Resources
Global Water Resources, Inc. is a leading water
resource management company that owns and operates 29 systems which
provide water, wastewater, and recycled water services. The
company’s service areas are located primarily in growth corridors
around metropolitan Phoenix. Global Water recycles nearly 1 billion
gallons of water annually.
The company has been recognized for its highly
effective implementation of Total Water Management (TWM). TWM is an
integrated approach to managing the entire water cycle that
involves owning and operating water, wastewater, and recycled water
utilities within the same geographic area in order to maximize the
beneficial use of recycled water. It enables smart water management
programs such as remote metering infrastructure and other advanced
technologies, rate designs, and incentives that result in real
conservation. TWM helps protect water supplies in water-scarce
areas experiencing population growth.
Global Water has received numerous industry
awards, including national recognition as a ‘Utility of the Future
Today’ for its superior water reuse practices by a national
consortium of water and conservation organizations led by the Water
Environment Federation (WEF). The company also received Cityworks’
2022 Excellence in Departmental Practice Award for demonstrating
leadership and creativity in applying public asset management
strategies to daily operations and long-term planning.
To learn more, visit www.gwresources.com
Company Contact:Michael J. Liebman SVP and
CFOTel (480) 999-5104 mike.liebman@gwresources.com
Investor Relations:Ron Both or Grant StudeCMA
Investor Relations Tel (949) 432-7566Email Contact
Media & ESG Contact:Tim
RandallCMA Tel (949) 432-7572Email Contact
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