BMO Confirms Election of Board of Directors

On April 13, 2022, Bank of Montreal (TSX:BMO) announced the successful election of all 13 director nominees during its Annual Meeting of Shareholders.

Rhea-AI Summary

On April 13, 2022, Bank of Montreal (TSX:BMO) announced the successful election of all 13 director nominees during its Annual Meeting of Shareholders. Votes were overwhelmingly in favor, with percentages ranging from 95.56% to 99.69%. Key nominees included Janice M. Babiak and Stephen Dent. The meeting underscored the bank's commitment to strong governance and leadership continuity. BMO's total assets amount to $1.02 trillion as of January 31, 2022, positioning it as the 8th largest bank by assets in North America.

Positive

• Overwhelming support for all 13 director nominees, indicating strong shareholder confidence.
• Leadership continuity with the election of experienced board members.

Negative

• None

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TORONTO, April 13, 2022 /PRNewswire/ - Bank of Montreal (TSX:BMO) (NYSE:BMO) today held its Annual Meeting of Shareholders.

At the meeting, all the director nominees listed in the bank's management proxy circular dated March 1, 2022 were elected. The detailed results of the vote for the election of directors are set out below.

Each of the following 13 nominees was elected as a director of Bank of Montreal:

Nominee	Votes For		Votes Withheld
Janice M. Babiak	287,848,007	96.98%	8,952,422	3.02%
Sophie Brochu	292,174,782	98.44%	4,625,647	1.56%
Craig W. Broderick	293,034,095	98.73%	3,766,335	1.27%
George A. Cope	283,611,797	95.56%	13,188,633	4.44%
Stephen Dent	295,875,020	99.69%	925,410	0.31%
Christine A. Edwards	292,082,450	98.41%	4,717,979	1.59%
Martin S. Eichenbaum	294,524,215	99.23%	2,276,216	0.77%
David Harquail	294,774,151	99.32%	2,026,278	0.68%
Linda S. Huber	294,689,679	99.29%	2,110,749	0.71%
Eric R. La Flèche	294,221,493	99.13%	2,578,938	0.87%
Lorraine Mitchelmore	292,356,778	98.50%	4,443,651	1.50%
Madhu Ranganathan	292,056,462	98.40%	4,743,967	1.60%
Darryl White	294,781,159	99.32%	2,019,272	0.68%

 

Final voting results on all matters voted on at the Annual Meeting of Shareholders held earlier today will be published shortly on www.bmo.com, and filed with Canadian and U.S. securities regulators.  

About BMO Financial Group

Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $1.02 trillion as of January 31, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

View original content:https://www.prnewswire.com/news-releases/bmo-confirms-election-of-board-of-directors-301525315.html

SOURCE BMO Financial Group

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What happened at BMO's Annual Meeting of Shareholders on April 13, 2022?

All 13 director nominees were elected with overwhelming majority votes during BMO's Annual Meeting.

What percentage of votes were in favor of BMO's director nominees?

Votes in favor ranged from 95.56% to 99.69% for the elected directors.

Who are some of the directors elected at BMO's Annual Meeting?

Notable elected directors include Janice M. Babiak, Stephen Dent, and Sophie Brochu.

What is BMO's total assets as of January 31, 2022?

BMO's total assets amounted to $1.02 trillion as of January 31, 2022.