Trican Well Service Ltd. Announces the 2024 Annual Meeting Results
Trican Well Service (TSX: TCW) held its 2024 annual meeting on May 14, 2024, in Calgary, Alberta.
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Rhea-AI Summary
Trican Well Service (TSX: TCW) held its 2024 annual meeting on May 14, 2024, in Calgary, Alberta. Six nominees were elected as directors. The elected directors are Thomas M. Alford, Trudy M. Curran, Bradley P.D. Fedora, Michael J. McNulty, Stuart G. O'Connor, and Deborah S. Stein. Voting percentages ranged from 72.21% to 99.35% in favor. KPMG LLP was appointed as the auditor, with 85.47% of votes in favor. Additionally, shareholders approved Trican's executive compensation approach, with 93.46% voting in favor.
Positive
- High approval for directors, with votes ranging from 72.21% to 99.35%.
- KPMG LLP appointed as auditors with 85.47% votes in favor.
- Executive compensation approach approved by 93.46% of shareholders.
Negative
- Deborah S. Stein received the lowest approval among directors with 72.21% votes, indicating some shareholder dissent.
Details
News Market Reaction – TOLWF
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Calgary, Alberta--(Newsfile Corp. - May 14, 2024) - Trican Well Service Ltd. (TSX: TCW) ("Trican" or the "Company") announces the final results from its 2024 annual meeting held on May 14, 2024 (the "Meeting").
The following six nominees were elected as directors of Trican to hold office until the next annual meeting of shareholders of Trican, or until their successors are elected or appointed:
| Nominee | Votes For | Percent | Votes Withheld | Percent |
| Thomas M. Alford | 55,023,356 | 6,628,490 | ||
| Trudy M. Curran | 58,639,836 | 2,880,522 | ||
| Bradley P.D. Fedora | 61,116,089 | 403,007 | ||
| Michael J. McNulty | 58,664,188 | 2,855,008 | ||
| Stuart G. O'Connor | 60,739,926 | 780,387 | ||
| Deborah S. Stein | 44,425,530 | 17,093,711 |
At the Meeting, shareholders also voted to approve the appointment of KPMG LLP as auditors of Trican, with Votes For totaling 55,010,750 Trican Shares representing
ABOUT TRICAN
Headquartered in Calgary, Alberta, Trican supplies oil and natural gas well servicing equipment and solutions to our customers through the drilling, completion, and production cycles. Our team of technical experts provide state of the art equipment, engineering support, reservoir expertise and laboratory services through the delivery of hydraulic fracturing, cementing, coiled tubing, nitrogen services and chemical sales for the oil and gas industry in Western Canada. Trican is the largest pressure pumping service company in Canada.
Requests for further information should be directed to:
Brad Fedora
President and Chief Executive Officer
Scott Matson
Chief Financial Officer
Phone: (403) 266-0202
Fax: (403) 237-7716
2900, 645 - 7th Avenue S.W.
Calgary, Alberta T2P 4G8
Please visit our website at www.tricanwellservice.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/209208
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