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Toromont Announces Election of Board of Directors

Apr 26 2013 12:00AM

Marketwire

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TORONTO, ONTARIO -- (Marketwired) -- 04/26/13 -- Toromont Industries Ltd. (TSX: TIH) ("Toromont") is pleased to announce that all the nominees listed in its Management Information Circular dated February 28, 2013 were elected as directors of Toromont, until the next annual meeting of shareholders. The detailed results of the vote held yesterday are set out below.

Election of Directors

On a vote by ballot, each of the following seven nominees proposed by management was elected as a director of Toromont:

Nominee Votes For % For Votes % Withheld WithheldJeffrey S. Chisholm 57,607,972 97.18 1,674,484 2.82Robert M. Franklin 58,848,989 99.27 433,467 0.73David A. Galloway 57,602,893 97.17 1,679,563 2.83Wayne S. Hill 57,446,742 96.90 1,835,714 3.10John S. McCallum 56,328,059 95.02 2,954,397 4.98Scott J. Medhurst 58,957,942 99.45 324,514 0.55Robert M. Ogilvie 58,586,900 98.83 695,556 1.17



About Toromont

Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities. This press release and more information about Toromont Industries can be found on the Web at www.toromont.com.



Contacts:
Toromont Industries Ltd.
Paul R. Jewer
Executive Vice President and Chief Financial Officer
(416) 667-5638
www.toromont.com





Source: Marketwire


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