Open Text (OTEX) Shareholders Approve Board of Directors with Overwhelming Support

By Tamara Parker • Friday, September 13 15:11 • Permanent Link

Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) recently announced the voting results for the election of directors at its annual meeting of shareholders. Shareholders holding 221,529,725 common shares, representing 82.60% of the outstanding common shares, were present or represented by proxy at the meeting.

Here are the detailed results of the vote for the election of directors:

P. Thomas Jenkins received 206,137,984 votes for (94.24%) and 12,605,255 votes against (5.76%).
Mark J. Barrenechea received 211,660,325 votes for (96.76%) and 7,082,913 votes against (3.24%).
Randy Fowlie received 203,860,433 votes for (93.20%) and 14,882,806 votes against (6.80%).
David Fraser received 186,932,481 votes for (85.46%) and 31,810,756 votes against (14.54%).
Robert Hau received 218,061,192 votes for (99.69%) and 682,046 votes against (0.31%).
Goldy Hyder received 209,812,162 votes for (95.92%) and 8,931,077 votes against (4.08%).
Annette Rippert received 209,849,059 votes for (95.93%) and 8,894,180 votes against (4.07%).
Stephen J. Sadler received 208,584,252 votes for (95.36%) and 10,158,988 votes against (4.64%).
Katharine B. Stevenson received 212,679,811 votes for (97.23%) and 6,063,427 votes against (2.77%).
Deborah Weinstein received 200,491,634 votes for (91.66%) and 18,251,604 votes against (8.34%).

Prior to the meeting, Ann M. Powell informed the company of her decision not to stand for election as a director. The board thanked Ms. Powell for her years of valuable service.

The company also reported that the results of other matters considered at the meeting will be filed on SEDAR+ and Open Text's Form 8-K.

OpenText™ is a leading information management software and services company, offering a comprehensive suite of business clouds, business AI, and business technology to help organizations solve complex global problems. The market has reacted to these announcements by moving the company's shares -0.5% to a price of $32.16. For the full picture, make sure to review Open Text's 8-K report.

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