Aldila Reports Results of Annual Shareholders Meeting; Appoints New Corporate Secretary
20 Agosto 2010 - 5:15PM
Marketwired
ALDILA, INC. (OTCQX: ALDA) held its Annual Meeting of Shareholders
on August 18, 2010 at its corporate headquarters in Poway,
California. Of the 5,274,499 shareholders of record as of June 21,
2010, 4,642,930 were present in person or by proxy at the meeting.
The shareholders were asked to re-elect the two directors and to
ratify the selection of Aldila's independent public accountants.
The voting results from the meeting were as follows:
Election of Directors:
For Withheld
Thomas A. Brand 2,907,386 13,165
Peter R. Mathewson 2,421,621 498,930
Ratification of Mayer Hoffman McCann P.C. as Independent Public
Accountants:
For Against Abstain
4,603,334 32,619 6,977
Immediately following the Annual Meeting of Shareholders, the
Board of Directors met and re-elected the existing officers to
continue to serve in their existing positions, except that the
Board accepted the resignation of Robert J. Cierzan as Secretary.
He will continue to hold the position of Senior Vice President -
Composite Materials.
At the same meeting, the Board elected Scott M. Bier as
Secretary. Mr. Bier will also continue to hold his existing
positions of Vice-President-Finance/Chief Financial Officer,
Treasurer and Principal Financial Officer, and Principal Accounting
Officer. There was no other change in the terms and conditions of
Mr. Bier's employment or compensation.
Mr. Bier joined Aldila in 1998 as its Assistant Controller. He
was promoted to Controller in January 2002, to Vice President,
Controller in December 2005 and to Vice President/Chief Financial
Officer in May 2008. Before joining Aldila, Mr. Bier was a
Certified Public Accountant with the national firm of Deloitte. He
is not a member of any board of directors of any other company.
As of August 18, 2010, Mr. Bier owns 12,749 shares of Aldila
common stock, 8,575 of which is held in the form of restricted
stock issued under the Aldila 2009 Equity Incentive Plan and the
1994 Stock Option Plan. He has no family members that are officers,
directors, employees or beneficial owners of more than 5% of
Aldila's equity securities. None of his family members do business
with Aldila. Mr. Bier has no direct or indirect interest in any
transaction with Aldila, except his compensation as an officer.
For additional information about Aldila, Inc., please go to the
Company's website at www.aldila.com.
Investor/Media Contacts: Scott M. Bier, Vice President, CFO
Sylvia J. Castle, Investor Relations Aldila, Inc., (858)
513-1801
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