Annual Shareholders’ Meeting approves all proposals
For the second time, the Annual Shareholders’ Meeting took place at the IWC Arena in Schaffhausen. A total of 874 shareholders were present with 65’691 votes. In addition, the independent proxy represented 2’149’638 of the votes. This presence corresponds to 76.14% of the shareholder votes entered in the share register with voting rights.
All nine members of the Board of Directors were re-elected, and Andreas Koopmann was confirmed as Chairman. In an advisory vote, the Annual Shareholders’ Meeting approved the 2017 Compensation Report as well as the future maximum compensation of both the Board and the Executive Committee. It also approved the distribution of a dividend amounting to CHF 23 per share (previous year CHF 20).
GF comprises three divisions: GF Piping Systems, GF Casting Solutions, and GF Machining Solutions. Founded in 1802, the Corporation is headquartered in Switzerland and is present in 34 countries with 136 companies, 57 of them production facilities. Its 15ʼ835 employees generated sales of CHF 4ʼ150 million in 2017. GF is the preferred partner of its customers for the safe transport of liquids and gases, lightweight casting components, and high-precision manufacturing technologies.
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