Colliers Elects Ten Directors with Up to 98.7% Support, Increases Option Pool by 1.5M Shares
Colliers International Group’s shareholders elected all ten director nominees, with support ranging from 68.11% to 98.70% of votes cast and approved an amendment to its stock option plan to add 1.5 million shares. They also reappointed PricewaterhouseCoopers as auditor and endorsed its executive compensation approach.
1. Director Elections
At the annual meeting, shareholders elected ten nominees to the board with votes for each director ranging from 68.11% (Katherine M. Lee) to 98.70% (Poonam Puri). Directors will serve until the close of the next annual meeting.
2. Auditor and Compensation Approval
Shareholders reappointed PricewaterhouseCoopers as auditor for the coming year and passed a non-binding advisory resolution endorsing Colliers’ executive compensation approach.
3. Stock Option Plan Amendment
An amendment increasing the total number of Subordinate Voting Shares reserved under the stock option plan by 1,500,000 was approved, expanding the equity pool for future awards.
4. Company Overview
Colliers operates through Commercial Real Estate, Engineering and Investment Management, generating $5.6 billion in annual revenues with 24,000 professionals and managing $108 billion in assets.