SWORDS, Ireland–(BUSINESS WIRE)–Ingersoll-Rand plc (NYSE:IR), a world leader in creating comfortable,
sustainable and efficient environments, held its 2019 Annual General
Meeting of shareholders in Adare, Ireland.
During the Annual General Meeting, the company’s shareholders considered
seven proposals: nominations to re-elect 12 members of Ingersoll Rand’s
Board of Directors; advisory approval of the compensation of the
company’s named executive officers; appointment of independent auditors
and authorization of the Audit Committee to set the auditors’
remuneration; renewal of the Board of Directors’ existing authority to
issue shares; renewal of the Board of Directors’ existing authority to
issue shares for cash without first offering shares to existing
shareholders; and determination of the price range at which the company
can re-allot shares that it holds as treasury shares.
The results of the Annual General Meeting voting are as follows:
All 12 individuals nominated for the Board of Directors – Kirk E.
Arnold, Ann C. Berzin, John Bruton, Jared L. Cohon, Gary D. Forsee,
Linda P. Hudson, Michael W. Lamach, Myles P. Lee, Karen B. Peetz, John
P. Surma, Richard J. Swift, and Tony L. White – were elected to a
one-year term, which expires at the company’s next Annual General
Meeting.
The proposal to give advisory approval of the compensation of the
company’s named executive officers received approximately 92 percent of
votes cast in favor.
The proposal to approve the appointment of PricewaterhouseCoopers as the
independent auditors of the company and to authorize the Audit Committee
to set the auditor’s remuneration received approximately 95 percent of
the votes cast in favor.
The proposal to approve renewal of the Board of Directors’ existing
authority to issue shares received approximately 95 percent of the votes
cast in favor.
The proposal to approve renewal of the Board of Directors’ existing
authority to issue shares for cash without first offering shares to
existing shareholders received approximately 95 percent of the votes
cast in favor.
The proposal to determine the price range at which the company can
re-allot shares that it holds as treasury shares received approximately
98 percent of the votes cast in favor.
About Ingersoll Rand
Ingersoll Rand (NYSE:IR) advances the quality of life by creating
comfortable, sustainable and efficient environments. Our people and our
family of brands — including Club
Car®, Ingersoll
Rand®, Thermo
King® and Trane®
— work together to enhance the quality and comfort of air in homes and
buildings; transport and protect food and perishables; and increase
industrial productivity and efficiency. We are a global business
committed to a world of sustainable progress and enduring results. For
more information, visit www.ingersollrand.com.
Contacts
Media:
Perri Richman
(732) 319-1024, [email protected]
Investors:
Zac
Nagle
(704) 990-3913, [email protected]
