WARWICK, NY--(Marketwire - May 1, 2008) - Warwick Valley Telephone Company (
Matters voted on at the meeting and the results of each vote are as follows:
Votes Broker Votes For Against Abstain Non-Votes Proposal I To approve an amendment 4,382,421 120,317 38,157 3,001 to the Company's bylaws to eliminate the classified structure of the Board of Directors and allow for the annual election of all directors. Proposal II To fix the number of 4,335,853 188,630 16,412 3,002 directors at eight until the next annual meeting of shareholders. Authority Proposal III Election of directors Votes for Withheld Jeffrey D. Alario 4,271,201 272,694 Douglas B. Benedict 4,305,137 230,758 Kelly C. Bloss 4,262,625 281,270 Wisner H. Buckbee 4,267,116 276,779 Robert J. DeValentino 4,280,476 263,419 Herbert Gareiss, Jr. 4,292,850 251,045 Thomas H. Gray 4,303,436 240,459 Douglas J. Mello 4,303,725 240,170 Votes Broker Votes For Against Abstain Non-Votes Proposal IV To approve the Warwick 2,984,192 392,394 42,541 1,124,769 Valley Telephone Company 2008 Long-Term Incentive Plan. Proposal V To ratify the selection 4,383,185 144,844 12,865 3,002 of WithumSmith+Brown, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2008.
At the Company's Annual Organizational Meeting, held on the day of the Annual Meeting, the Board of Directors elected the following persons to the positions set forth opposite their names:
Wisner H. Buckbee Chairman of the Board Robert J. DeValentino Vice Chairman of the Board Duane W. Albro President & Chief Executive Officer Kenneth H. Volz Vice President, Chief Financial Officer, Treasurer Joyce A. Stoeberl Corporate Secretary Dorinda M. Masker Assistant Corporate Secretary
Also, at the Company's Annual Organizational Meeting, the following committee assignments were approved:
Governance & Nominating Committee Kelly C. Bloss - Chair Wisner H. Buckbee Robert J. DeValentino Douglas J. Mello Audit Committee Jeffrey D. Alario - Chair Douglas B. Benedict Kelly C. Bloss Wisner H. Buckbee Compensation Committee Robert J. DeValentino - Chair Douglas B. Benedict Douglas J. Mello
Contact Information: Contact: Warwick Valley Telephone Company Duane W. Albro President & CEO (845) 986-2100