Survey Held on Board-Recommended Candidate List
In June, a survey took place on the issue of
whether to continue with a board-recommended candidate
list (board-endorsed slate). The survey was mailed
to a randomly selected representative sample of Doyon,
Limited shareholders to receive broad input on this
topic. A smaller randomly selected group of shareholders
was also contacted by phone.
This is not the first time concerns about the issue have
been raised. In 1995, Doyon held a shareholder advisory
vote on the issue. Of those who voted at the special
meeting of shareholders, 59.3 percent voted in favor of
continuing to have a board-recommended candidate list.
During 2010 Dialogue with Doyon meetings and at the 2010
annual meeting, it was announced that the board had
requested Doyon conduct a survey.
The randomly selected shareholders received their
survey in early June from Dittman Research. The deadline
to return the survey was June 24, 2010. The Doyon board
of directors will be discussing the survey results
at their August meetings.
For more information on the survey, please contact
Julie Biddle, vice president of shareholder relations,
at biddlej@doyon.com.
