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 ---


Christian Vandvig Finnerup, Dan-Bunkering. Dan-Bunkering appoints Christian Vandvig Finnerup as US managing director  

Finnerup transitions from Singapore role to lead American operations.

Hai Gang Wei Lai vessel. SIPG orders Wärtsilä systems for new LNG bunker vessel  

Shanghai International Port Group orders integrated cargo handling and fuel systems from Wärtsilä.

Chris Seide, Integr8 Fuels and William Kanavan, Pentarch Offshore Solutions. Integr8 Fuels signs MOU with Pentarch for bunker services at Port of Edrom  

Integr8 Fuels and Pentarch Offshore Solutions have signed an agreement to develop bunker fuel services.

Eagle Vellore vessel. MISC orders two LNG dual-fuel Suezmax tankers as part of fleet renewal  

Malaysian shipowner expands dual-fuel fleet with newbuilds backed by long-term charters.

Eunice Low, Oilmar DMCC. Oilmar DMCC appoints Eunice Low as marine fuels trader in Singapore  

Low joins firm's Singapore trading department with a decade of industry experience.

HMM container ship. HD Hyundai secures $1.46bn order for eight LNG dual-fuel container ships  

South Korean shipbuilder reports highest container ship order volume since 2007 supercycle.

Arctic black carbon emissions urgency graphic. Clean Arctic Alliance urges IMO action on black carbon after 'disappointing' COP30  

Environmental coalition calls for Arctic shipping fuel regulations ahead of December 5 deadline.

Egypt's Ministry of Petroleum and Mineral Resources and Suez Canal Authority MOU Signing Ceremony. Egypt's petroleum ministry and Suez Canal Authority sign MOU for LNG bunkering facility  

Ministry and canal authority to develop LNG supply station in Port Said.

Legend of the Seas main engine startup. Meyer Turku starts first main engine on Legend of the Seas cruise ship  

Finnish shipbuilder fires up Wärtsilä engine ahead of 2025 Royal Caribbean delivery.

Malik Energy Leadership Development Programme group photo. Malik Energy launches internal leadership development programme  

Marine fuel supplier rolls out training initiative for managers across its supply and energy divisions.