Boston, MA 06/03/2014 (wallstreetpr) – One of the leading American companies CME Group Inc. (NASDAQ:CME) is known for offering world class services in the field of derivatives and securities. It recently announced the results of the shareholders meeting that was recently organized by it. The results which attracted eyes of many included-
- Selection of management personals- One of the main objectives of the shareholder’s meeting was to select management employees. In the 2014 shareholders meeting, CME Group Inc. (NASDAQ:CME) selected Terrence A. Duffy, Timothy S. Bitsberger, Phupinder S. Gill, Charles P. Carey, Martin J. Gepsman, Dennis H. Chookaszian, Larry G. Gerdes, J. Dennis Hastert, Daniel R. Glickman, Leo Melamed, James E. Oliff, William P. Miller II, Edemir Pinto, Dennis A. Suskind, Terry L. Savage, Alex J. Pollock, John F. Sandner, and William R. Shepard for a term of one year.
- The board of directors made sure that Ernst & Young LLP works as an independent public accounting firm for the current year. Its term will end in year 2015.
- It announced the names of nonexecutive officers for the current financial year.
There was an amendment about director election rights which the company wanted to pass, but shareholders of the company didn’t let it pass. If it would have passed then the number of class B directors would have come down from 6 to 3.
The one more important decision was taken in the meeting. Jeffrey M. Bernacchi, Howard J. Siegel, and Bruce F. Johnson were elected for a period of one year by class B1 shareholders. In addition to this David J. Wescott and Ronald A. Pankau were elected by class B2 shareholders for a period of one year. Please note that company made an official announcement regarding the selection of these management personals afterward .CME Group Inc. (NASDAQ:CME) disclosed their names in an official report which was submitted to SEC.
