Cloud Peak Energy Inc. Announces Results of 2015 Annual Meeting of Stockholders
Following its annual meeting of stockholders today, Cloud Peak Energy Inc. (NYSE: CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (PRB) coal company, announced the preliminary voting results from the annual meeting. The company ™s stockholders have:
- elected current directors Colin Marshall and Steven Nance to its Board of Directors to serve until Cloud Peak Energy ™s 2018 annual meeting;
- ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the 2015 fiscal year;
- approved, on an advisory basis, the compensation of Cloud Peak Energy's named executive officers, as disclosed in its 2015 proxy statement;
- not approved the company-recommended amendment to the Cloud Peak Energy bylaws regarding proxy access; and
- approved the non-binding stockholder proposal regarding proxy access, which requests the Board of Directors to adopt a proxy access bylaw reflecting the proponent ™s proxy access requirements and present the bylaw to stockholders for approval.
Additional information about these proposals can be found in the company's proxy statement for the annual meeting, as filed with the U.S. Securities and Exchange Commission.
The voting results are based on the preliminary report of the company's inspector of election. Final results will be included in the company's current report on Form 8-K to be filed within four business days of the annual meeting.
About Cloud Peak Energy ®
Cloud Peak Energy Inc. (NYSE:CLD) is headquartered in Wyoming and is one of the largest U.S. coal producers and the only pure-play Powder River Basin coal company. As one of the safest coal producers in the nation, Cloud Peak Energy mines low sulfur, subbituminous coal and provides logistics supply services. The Company owns and operates three surface coal mines in the PRB, the lowest cost major coal producing region in the nation. The Antelope and Cordero Rojo mines are located in Wyoming and the Spring Creek Mine is located in Montana. In 2014, Cloud Peak Energy shipped approximately 86 million tons from its three mines to customers located throughout the U.S. and around the world. Cloud Peak Energy also owns rights to substantial undeveloped coal and complimentary surface assets in the Northern PRB, further building the Company ™s long-term position to serve Asian export and domestic customers. With approximately 1,600 total employees, the Company is widely recognized for its exemplary performance in its safety and environmental programs. Cloud Peak Energy is a sustainable fuel supplier for approximately four percent of the nation ™s electricity.
Contact
Cloud Peak Energy Inc.
Karla Kimrey, 720-566-2932
Vice President, Investor Relations