In-Brief

Popular Inc. reelects board director, elects new member

Banco Popular's Old San Juan offices. (Credit: © Mauricio Pascual) Banco Popular’s Old San Juan offices. (Credit: © Mauricio Pascual)

Popular Inc. announced Thursday that at its annual meeting of stockholders, held on April 30, approved the reelection of a director and the election of a new director to its board of directors.

Executives David E. Goel and Joaquín E. Bacardí, III, who was nominated for the first time at the annual meeting, will serve three-year terms expiring in 2016. Both directors were elected with the support of more than 98 percent of shareholder votes.

Shareholders also approved amendments to the corporation’s omnibus incentive Plan, as well as the selection of PricewaterhouseCoopers LLP as the bank’s independent registered public accounting firm.

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