CPI Corp. Announces Final Voting Results for 2009 Annual Meeting of Stockholders
23 July 2009 - 7:05AM
PR Newswire (US)
ST. LOUIS, July 22 /PRNewswire-FirstCall/ -- CPI Corp. (NYSE:CPY)
today announced that IVS Associates, Inc., the independent
Inspector of Elections, has tabulated and certified the voting
results for CPI's 2009 Annual Meeting of Stockholders held on July
8, 2009. According to the final results, CPI stockholders
overwhelmingly voted to elect all six of the Company's director
nominees -- James Abel, Paul Finkelstein, Michael Glazer, Michael
Koeneke, David Meyer and Turner White. The Company's nominees were
elected by a minimum margin of approximately 1.3 million votes,
representing approximately 20% of the total shares voted. CPI also
noted that the unaffiliated shareholders elected the Company's
nominees by an approximate 3 to 1 margin. CPI stockholders approved
the ratification of KPMG LLP as the Company's independent
registered public accounting firm. About CPI Corp. CPI Corp. has
been dedicated to helping families conveniently create cherished
photography portrait keepsakes that capture a lifetime of memories
for more than 60 years. CPI Corp. provides portrait photography
services in approximately 3,000 locations, principally in Sears and
Walmart stores. As the first in the category to convert to a fully
digital format, CPI Corp. studios offer unique posing options,
creative photography selections, a wide variety of sizes and an
unparalleled assortment of enhancements to customize each portrait
- all for an affordable price. CPI Corp. is based in St. Louis and
traded on the New York Stock Exchange (ticker: CPY). DATASOURCE:
CPI Corp. CONTACT: Matthew Sherman, Eric Brielmann, Joele Frank,
Wilkinson Brimmer Katcher, +1-212-355-4449
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