AcuityAds Announces Voting Results of Annual and Special Meeting of Shareholders
AcuityAds Holdings announced the results of its annual and special meeting of shareholders held on June 16, 2022. All director nominees were successfully elected, with Sheldon Pollack expressing gratitude for past directors and welcoming new members Michele Tobin and Paul Khawaja. The meeting also approved the re-appointment of auditors and the Advance Notice By-Law. Notably, Tobin has extensive experience in consumer technology, while Khawaja leads OnX Canada. AcuityAds specializes in targeted digital media solutions and omnichannel advertising.
- Successful election of all director nominees.
- Welcoming of new directors with strong backgrounds in technology and business development.
- Approval of auditor re-appointment and Advance Notice By-Law.
- None.
TORONTO, June 16, 2022 (GLOBE NEWSWIRE) -- AcuityAds Holdings Inc. (“AcuityAds” or the “Corporation”) (TSX:AT; NASDAQ:ATY), a technology leader that provides targeted digital media solutions enabling advertisers to connect intelligently with audiences across digital advertising channels, is pleased to announce that, at its annual and special meeting of shareholders (the “Meeting”) held earlier today, all director nominees were elected as directors of the Corporation, as follows:
| Nominee | Votes “For” | % Votes For | Votes “Withheld” | % of Votes Withheld | |
| Tal Hayek | 5,880,347 | 77.572 | % | 1,700,143 | |
| Sheldon Pollack | 7,492,921 | 98.845 | % | 87,569 | |
| Roger Dent | 4,539,970 | 59.890 | % | 3,040,520 | |
| Paul Khawaja | 5,878,680 | 77.550 | % | 1,701,810 | |
| Igal Mayer | 5,835,251 | 76.977 | % | 1,745,239 | |
| Michele Tobin | 5,881,149 | 77.583 | % | 1,699,341 | |
| Yishay Waxman | 5,834,437 | 76.966 | % | 1,746,053 | |
On behalf of the Board, we would like to thank Elisabeth Donohue and Corey Ferengul for their sound counsel and guidance during their tenures as directors,” said Sheldon Pollack, Chair of the AcuityAds Board of Directors. “In addition, we are pleased to welcome Michele and Paul to the Board. Michele’s deep experience in consumer technology brands will be instrumental to supporting illumin’s long-term success. In addition, Paul’s strong background in sales, operations, and business development will be invaluable to AcuityAds as we continue to grow our business. Please join me in welcoming them both to AcuityAds Board.“
In addition, the other two items of business at the Meeting, being (a) the re-appointment of auditors of the Corporation and (b) approval of the Advance Notice By-Law of the Corporation, were also approved, as follows:
| Appointment of Auditor | |||||
| Votes “For” | % Votes For | Votes “Withheld” | % of Votes Withheld | ||
| 9,859,904 | 608,655 | ||||
| Approval of the Advance Notice By-Law | |||||
| Votes “For” | % Votes For | Votes “Withheld” | % of Votes Withheld | ||
| 5,816,572 | 1,763,918 | ||||
New Directors:
Paul Khawaja is currently President of OnX Canada, and is driving the organization’s growth, strategy, and development for enterprise infrastructure solutions, managed services, and digital services. Mr. Khawaja is leading OnX through a focused transformation from traditional IT offerings to client-focused services and solutions. Prior to his current role, Mr. Khawaja served as Executive Vice President and Chief Operating Officer of Cloud and Managed Services for OnX. Before joining OnX, Mr. Khawaja served as Vice President of Bell Canada, and President of xwave. Mr. Khawaja held senior leadership positions in sales, operations, and business development at MITI Information Technology. Mr. Khawaja is also the Chairperson of the Board for Victim Services Toronto, Mr. Khawaja also sits on the Waterfront Toronto Human Resources, Governance and Stakeholder Relations Committee.
Michele Tobin joins the Company’s Board as an independent director. Ms. Tobin is a veteran sales and business development executive with 20 years of leadership experience and a successful track record of launching and scaling new businesses within consumer technology brands. Ms. Tobin has built and scaled ad monetization businesses at some of the most innovative and fast growing B2C brands in the Social and Gaming verticals including Bumble, DraftKings and Rovio Entertainment (the developer and publisher of Angry Birds), leading global sales, ad operations, ad sales marketing and programmatic monetization teams. Currently, Ms. Tobin works as a consultant and advisor and is an active angel investor in early-stage start-ups, with a particular focus on supporting under-represented founders.
About AcuityAds:
AcuityAds is a leading technology company that provides marketers a one-stop solution for omnichannel digital advertising with best-of-category return on advising spend. Its journey automation technology, illumin™, offers planning, buying and real-time intelligence from one platform. With proprietary Artificial Intelligence, illumin™ brings unique programmatic capabilities to close the gap between advertising planning and execution. The Company brings an integrated ecosystem of privacy-protected data, inventory, brand safety and fraud prevention partners, offering trusted solutions with proven, above benchmark outcomes for the most demanding marketers. AcuityAds is headquartered in Toronto with offices throughout Canada, the U.S., Europe and Latin America. For more information, visit AcuityAds.com.
For further information, please contact:
| Tal Hayek Chief Executive Officer AcuityAds Holdings Inc. 416-218-9888 Tal.Hayek@acuityads.com | Elliot Muchnik Chief Financial Officer AcuityAds Holdings Inc. 416-218-9888 jp@acuityads.com | Babak Pedram Investor Relations – Canada Virtus Advisory Group Inc. 416-644-5081 BPedram@virtusadvisory.com | David Hanover Investor Relations – U.S. KCSA Strategic Communications 212-896-1220 DHanover@kcsa.com |
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