Fri 5 Jun 2015 07:23

Directors elected at World Fuel Services AGM


Nine directors are elected for one-year terms at annual meeting of shareholders.



On May 29, 2015, World Fuel Services Corporation held its annual meeting of shareholders. The matters voted upon and the results of the vote were as follows:

Proposal 1: Election of Directors

The shareholders elected all of the company's nominees for director for one-year terms expiring on the date of the annual meeting in 2016 or until their successors are duly elected and qualified.

Nominee Votes For Votes Withheld Broker Non-Votes
Michael J. Kasbar 52,940,623 2,932,296 5,564,716
Ken Bakshi 54,691,272 1,181,647 5,564,716
Jorge L. Benitez 55,526,305 346,614 5,564,716
Richard A. Kassar 44,829,539 11,043,380 5,564,716
Myles Klein 55,230,913 642,006 5,564,716
John L. Manley 55,523,465 349,454 5,564,716
J. Thomas Presby 55,025,627 847,292 5,564,716
Stephen K. Roddenberry 54,898,983 973,936 5,564,716
Paul H. Stebbins 55,378,084 494,835 5,564,716


Proposal 2: Non-Binding, Advisory Vote on Executive Compensation

The shareholders approved, by a non-binding, advisory vote, the compensation of the company's named executive officers.

Votes For Votes Against Abstentions Broker Non-Votes
45,739,461 9,858,328 275,130 5,564,716


Proposal 3: Ratification of Appointment of Independent Registered Certified Public Accounting Firm

The shareholders ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered certified public accounting firm for the 2015 fiscal year.

Votes For Votes Against Abstentions Broker Non-Votes
60,964,556 297,232 175,847 ---

Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.

Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.

Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.

Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.

A Maersk vessel, pictured from above. Rise in bunker costs hurts Maersk profit  

Shipper blames reroutings via Cape of Good Hope and fuel price increase.

Claus Bulch Klausen, CEO of Dan-Bunkering. Dan-Bunkering posts profit rise in 2023-24  

EBT climbs to $46.8m, whilst revenue dips from previous year's all-time high.

Chart showing percentage of fuel samples by ISO 8217 version, according to VPS. ISO 8217:2024 'a major step forward' | Steve Bee, VPS  

Revision of international marine fuel standard has addressed a number of the requirements associated with newer fuels, says Group Commercial Director.

Carsten Ladekjær, CEO of Glander International Bunkering. EBT down 45.8% for Glander International Bunkering  

CFO lauds 'resilience' as firm highlights decarbonization achievements over past year.

Anders Grønborg, CEO of KPI OceanConnect. KPI OceanConnect posts 59% drop in pre-tax profit  

Diminished earnings and revenue as sales volume rises by 1m tonnes.

Verde Marine Homepage Delta Energy's ARA team shifts to newly launched Verde Marine  

Physical supplier offering delivery of marine gasoil in the ARA region.


↑  Back to Top