Hilton Announces results of voting at annual shareholders meeting
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Hilton Announces results of voting at annual shareholders meeting
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Category: Worldwide -
This is a press release selected by our editorial committee and published online for free on 2006-05-25
Hilton Hotels Corporation (NYSE:HLT) announced voting results from the company's annual meeting of shareholders held today.
-- Four nominees to the Hilton Board of Directors were elected to
serve three-year terms. Christine Garvey, Peter M. George,
Barron Hilton and John L. Notter, were all elected with more
than 93 percent of the votes cast. In addition, Sam D. Young,
Jr. has retired from the Hilton Board after 31 years of
service. Currently, Hilton's Board of Directors has 11
members.
-- Shareholders ratified the appointment of Ernst & Young LLP as
the company's independent registered public accounting firm
for 2006 with more than 98 percent of the votes cast.
-- A shareholder proposal concerning voting standards for the
election of directors was defeated, receiving 48 percent of
the votes cast.
-- A shareholder proposal concerning the company's stockholder
rights plan was approved, receiving 68 percent of the votes
cast. The company stated that its Board will meet in due
course to consider the proposal and discuss appropriate
courses of action.
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