ST. PAUL, Minn.--(BUSINESS WIRE)--
Ecolab Inc. stockholders today elected the slate of four director
nominees for a term ending in 2013: Douglas M. Baker, Jr., Barbara J.
Beck, Jerry W. Levin and Robert L. Lumpkins. Each nominee received more
than 95% of the votes cast.
In other action at today's meeting, the company's stockholders ratified
the appointment of PricewaterhouseCoopers LLP as Ecolab's independent
registered public accounting firm for 2011; approved amendments to the
Ecolab Stock Purchase Plan; approved on an advisory basis the
compensation of executives disclosed in the proxy statement; and advised
of a preference for the annual frequency of future stockholder advisory
votes on executive compensation. Also at the meeting, two stockholder
proposals were voted upon: a stockholder proposal requesting the Board
of Directors to adopt a policy on the human right to water was not
approved; and a stockholder proposal requesting the Board to take action
to eliminate super-majority voting was approved.
The final vote tabulation on all matters at today's meeting will be
reported to the U.S. Securities Exchange Commission on a current report
on Form 8-K and such report will be made available on the company's web
site.
With sales of $6 billion and more than 26,000 associates, Ecolab (NYSE:
ECL) is the global leader in cleaning, sanitizing, food safety and
infection prevention products and services. Ecolab delivers
comprehensive programs and services to the foodservice, food and
beverage processing, healthcare, and hospitality markets in more than
160 countries. More news and information is available at www.ecolab.com.
(ECL-C)
Ecolab Inc.
Michael J. Monahan, 651-293-2809
Source: Ecolab Inc.
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