ST. PAUL, Minn.--(BUSINESS WIRE)--
Ecolab Inc. stockholders elected the slate of five director nominees for
a term ending in 2013: Leslie S. Biller, Jerry A. Grundhofer, Michael
Larson, Victoria J. Reich and John J. Zillmer. Each nominee received
more than 90% of the shares 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 2012; approved amendments to the
Ecolab Inc. Restated Certificate of Incorporation to eliminate
super-majority voting; and approved on an advisory basis the
compensation of executives disclosed in the proxy statement. Each of
those agenda items received at least 97% of the shares cast. Also at the
meeting, two advisory stockholder proposals were voted upon: a
stockholder proposal requesting the Board of Directors to provide an
annual advisory vote on electioneering, political contributions and
communication expenditures received less than 5% of the shares cast and
was not approved; and a stockholder proposal requesting the Board to
adopt a rule to redeem any current or future stockholder rights plan
unless such plan is submitted to a stockholder vote within 12 months
received 68% of the shares cast and 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 2011 pro forma sales of $11 billion and more than 40,000 employees,
Ecolab Inc. (NYSE: ECL) is the global leader in water, hygiene and
energy technologies and services that provide and protect clean water,
safe food, abundant energy and healthy environments. Ecolab delivers
comprehensive programs and services to the food, energy, healthcare,
industrial and hospitality markets in more than 160 countries. For more
news and information, visit www.ecolab.com.
(ECL-C)
Ecolab Inc.
Michael Monahan, 651-293-2809
Source: Ecolab Inc.
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