Popular Inc. elects 4 directors during annual meeting

Written by  //  May 14, 2014  //  In-Brief  //  No comments

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Popular Inc.'s shareholders approved four board directors on Tuesday.

Popular Inc.’s shareholders approved four board directors on Tuesday.

Popular Inc. announced that during its annual meeting of stockholders held Tuesday, its shareholders approved the election of the four directors nominated for election by the Board of Directors.

Class 3 Directors María Luisa Ferré, C. Kim Goodwin and William J. Teuber will serve three-year terms expiring in 2017. Meanwhile, Class 2 Director, John W. Diercksen, will serve a two-year term expiring in 2016.

An advisory vote approving the executive compensation program and the ratification of the selection of PricewaterhouseCoopers LLP as the bank’s independent registered public accounting firm for 2014 were also approved.

Founded in 1893, Popular Inc. is the leading banking institution by both assets and deposits in Puerto Rico and ranks 37th by assets among U.S. banks. In the United States, Popular has established a community-banking franchise providing a broad range of financial services and products with branches in New York, New Jersey, Illinois, Florida and California.

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