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Nexteer Automotive Earns 2021 Manufacturing Leadership Award

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AUBURN HILLS, Mich., April 2, 2021 /PRNewswire/ — Nexteer Automotive, a leader in intuitive motion control, has been recognized as a 2021 Manufacturing Leadership Awards winner for its outstanding achievement in Enterprise Integration Technology Leadership.

Nexteer’s winning project, Manufacturing Engineering Equipment Database (MEED), is part of the Company’s Digital Trace™ Manufacturing strategy. MEED serves as the Company’s global standard process for equipment launch tracking. The innovative enhancements made in the 2.0 version allow Nexteer to easily and collaboratively track equipment status to timed objectives and produce real-time metrics on its Manufacturing Engineering dashboard. MEED outputs are also linked with other Nexteer digital programs – thus completing the Company’s digital thread of data from engineering planning to operational execution.

“Nexteer is honored to be recognized by the National Association of Manufacturers for the fourth straight year for our commitment to manufacturing excellence. Each of our award-winning projects have grown our capabilities, enhanced our efficiency and strengthened our commitment to Manufacturing 4.0 advancement,” said Robin Milavec, Senior Vice President, Executive Board Director, Chief Technology Officer (CTO) and Chief Strategy Officer (CSO), Nexteer Automotive. “Our 2021 award-winning project, MEED, is a valuable tool in our Manufacturing Engineering toolbox that further enhances our Digital Trace™ Manufacturing strategy.”

In 2020, Nexteer earned a Manufacturing Leadership Award by the National Association of Manufacturers for outstanding achievement in Manufacturing Engineering Global Talent Management and Training. In 2019, Nexteer was recognized with a Manufacturing Leadership Award for Enterprise Integration and Technology Leadership, and in 2018, Nexteer received the Engineering and Production Technology Award from the National Association of Manufacturers (then Manufacturing Leadership Council).

Nexteer will be formally recognized at the Manufacturing Leadership Awards Gala, which will take place as a virtual event on May 19, 2021.

About Nexteer

Nexteer Automotive (HK 1316), a global leader in intuitive motion control, is a multi-billion dollar global steering and driveline business delivering electric and hydraulic power steering systems, steering columns, driveline systems, as well as advanced driver assistance systems (ADAS) and automated driving enabling technologies for original equipment manufacturers (OEMs). The company has 27 manufacturing plants, four technical and software centers and 13 customer service centers strategically located in North and South America, Europe, Asia and Africa. The company serves more than 60 customers in every major region of the world including BMW, Ford, GM, Stellantis, Toyota and VW, as well as automakers in India and China. www.nexteer.com

Link to Nexteer Media Center 

About the Manufacturing Leadership Awards

The Manufacturing Leadership Awards honor manufacturing companies and individual manufacturing leaders that are shaping the future of global manufacturing. Winning projects and individual manufacturing leaders have demonstrated achievement in one of a wide range of categories, and are chosen by a panel of expert judges for results that have delivered clear and compelling value, return on investment, and other tangible outcomes. There will be several winners in each category, including one High Achiever’s Award in each project category, as well as a 2021 Manufacturer of the Year for both small and large enterprises. Also unveiled at the gala will be the ML Awards Manufacturing Leader of the Year and Lifetime Achievement Award winners.

For more information on the Manufacturing Leadership Awards, please go to https://mlawards.manufacturingleadershipcouncil.com/.

About the National Association of Manufacturers

The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.25 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of all private-sector research and development in the nation. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States.

The NAM’s world-class staff of policy experts provide unmatched access and information on the key issues affecting your business and bottom line. We are on the front lines of a wide range of policy battles, from immigration reform and labor relations, to energy and the environment, to trade policy and taxes. At every turn, we are working on behalf of manufacturers in America to advance policies that help manufacturers do what they do best: create economic strength and jobs. www.nam.org 

 

SOURCE Nexteer

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Source: https://markets.businessinsider.com/news/stocks/nexteer-automotive-earns-2021-manufacturing-leadership-award-1030271547

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Intact Financial Corporation announces the results of the votes conducted at its 2021 Annual and Special Meeting of Shareholders

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TORONTO, May 12, 2021 /CNW/ – Intact Financial Corporation (TSX: IFC) announced the results of the votes conducted at its 2021 Annual and Special Meeting of Shareholders held virtually today via live audio webcast.

1. Election of Directors

The nominees listed in its management proxy circular dated March 31, 2021 were elected as directors of Intact Financial Corporation. The detailed results of the vote are set out below.

Nominee              

Votes
For

% Votes
For

Votes Withheld

% Votes
Withheld

Charles Brindamour

113,594,947

99.95%

52,437

0.05%

Janet De Silva

112,753,323

99.21%

894,061

0.79%

Claude Dussault

110,303,381

97.06%

3,344,003

2.94%

Jane E. Kinney

111,086,738

97.75%

2,560,646

2.25%

Robert G. Leary

113,589,695

99.95%

57,689

0.05%

Sylvie Paquette

112,757,492

99.22%

889,892

0.78%

Timothy H. Penner

111,688,291

98.28%

1,959,093

1.72%

Stuart J. Russell

112,752,687

99.21%

894,697

0.79%

Indira V. Samarasekera

112,497,471

98.99%

1,149,913

1.01%

Frederick Singer

113,496,336

99.87%

151,048

0.13%

Carolyn A. Wilkins

113,599,235

99.96%

48,149

0.04%

William L. Young

110,675,488

97.38%

2,971,896

2.62%

2. Appointment of Ernst & Young LLP as Auditor

Ernst & Young LLP was appointed as auditor of Intact Financial Corporation. The detailed results of the vote are set out below.

Votes For

% Votes For

Votes Withheld

% Votes
Withheld

107,879,474

94.79%

5,926,460

5.21%

3. Special resolution to amend the Articles of Amalgamation of the Company with respect to the appointment of Directors

The special resolution to amend the Articles of Amalgamation of Intact Financial Corporation to authorize the Directors to appoint additional directors to serve on the Board until the next annual meeting of shareholders was accepted. The detailed results of the vote are set out below.  

Votes For

% Votes For

Votes Against

% Votes
Against

113,335,995

99.73%

311,389

0.27%

4. Advisory Resolution on the Approach to Executive Compensation

The advisory resolution on the approach to executive compensation disclosed in the Company’s management proxy circular dated March 31, 2021 was accepted. The detailed results of the vote are set out below.

Votes For

% Votes For

Votes Against

% Votes
Against

110,957,489

97.63%

2,689,895

2.37%

5.  Resolution to approve the Executive Stock Option Plan of the Company

The resolution for approval of the Executive Stock Option Plan of Intact Financial Corporation disclosed in the Company’s management proxy circular dated March 31, 2021 was accepted. The detailed results of the vote are set out below.

Votes For

% Votes For

Votes Against

% Votes
Against

101,689,472

89.48%

11,957,912

10.52%

About Intact Financial Corporation

Intact Financial Corporation is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America, with over $12 billion in total annual premiums. The Company has over 16,000 employees who serve more than five million personal, business and public sector clients through offices in Canada and the U.S.

In Canada, Intact distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect. Intact Public Entities, a Canadian Managing General Agent (MGA), distributes public entity insurance programs including risk and claims management services in Canada.

In the U.S., Intact Insurance Specialty Solutions provides a range of specialty insurance products and services through independent agencies, regional and national brokers, wholesalers and managing general agencies. Products are underwritten by the insurance company subsidiaries of Intact Insurance Group USA, LLC.

SOURCE Intact Financial Corporation

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Intact Financial Corporation announces the results of the votes conducted at its 2021 Annual and Special Meeting of Shareholders

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TORONTO, May 12, 2021 /CNW/ – Intact Financial Corporation (TSX: IFC) announced the results of the votes conducted at its 2021 Annual and Special Meeting of Shareholders held virtually today via live audio webcast.

1. Election of Directors

The nominees listed in its management proxy circular dated March 31, 2021 were elected as directors of Intact Financial Corporation. The detailed results of the vote are set out below.

Nominee              

Votes
For

% Votes
For

Votes Withheld

% Votes
Withheld

Charles Brindamour

113,594,947

99.95%

52,437

0.05%

Janet De Silva

112,753,323

99.21%

894,061

0.79%

Claude Dussault

110,303,381

97.06%

3,344,003

2.94%

Jane E. Kinney

111,086,738

97.75%

2,560,646

2.25%

Robert G. Leary

113,589,695

99.95%

57,689

0.05%

Sylvie Paquette

112,757,492

99.22%

889,892

0.78%

Timothy H. Penner

111,688,291

98.28%

1,959,093

1.72%

Stuart J. Russell

112,752,687

99.21%

894,697

0.79%

Indira V. Samarasekera

112,497,471

98.99%

1,149,913

1.01%

Frederick Singer

113,496,336

99.87%

151,048

0.13%

Carolyn A. Wilkins

113,599,235

99.96%

48,149

0.04%

William L. Young

110,675,488

97.38%

2,971,896

2.62%

2. Appointment of Ernst & Young LLP as Auditor

Ernst & Young LLP was appointed as auditor of Intact Financial Corporation. The detailed results of the vote are set out below.

Votes For

% Votes For

Votes Withheld

% Votes
Withheld

107,879,474

94.79%

5,926,460

5.21%

3. Special resolution to amend the Articles of Amalgamation of the Company with respect to the appointment of Directors

The special resolution to amend the Articles of Amalgamation of Intact Financial Corporation to authorize the Directors to appoint additional directors to serve on the Board until the next annual meeting of shareholders was accepted. The detailed results of the vote are set out below.  

Votes For

% Votes For

Votes Against

% Votes
Against

113,335,995

99.73%

311,389

0.27%

4. Advisory Resolution on the Approach to Executive Compensation

The advisory resolution on the approach to executive compensation disclosed in the Company’s management proxy circular dated March 31, 2021 was accepted. The detailed results of the vote are set out below.

Votes For

% Votes For

Votes Against

% Votes
Against

110,957,489

97.63%

2,689,895

2.37%

5.  Resolution to approve the Executive Stock Option Plan of the Company

The resolution for approval of the Executive Stock Option Plan of Intact Financial Corporation disclosed in the Company’s management proxy circular dated March 31, 2021 was accepted. The detailed results of the vote are set out below.

Votes For

% Votes For

Votes Against

% Votes
Against

101,689,472

89.48%

11,957,912

10.52%

About Intact Financial Corporation

Intact Financial Corporation is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America, with over $12 billion in total annual premiums. The Company has over 16,000 employees who serve more than five million personal, business and public sector clients through offices in Canada and the U.S.

In Canada, Intact distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect. Intact Public Entities, a Canadian Managing General Agent (MGA), distributes public entity insurance programs including risk and claims management services in Canada.

In the U.S., Intact Insurance Specialty Solutions provides a range of specialty insurance products and services through independent agencies, regional and national brokers, wholesalers and managing general agencies. Products are underwritten by the insurance company subsidiaries of Intact Insurance Group USA, LLC.

SOURCE Intact Financial Corporation

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HDI Announces Voting Results for Annual General and Special Meeting

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Trading Symbol:Toronto Stock Exchange – HDI

LANGLEY, BC, May 12, 2021 /CNW/ – Hardwoods Distribution Inc. (“HDI” or the “Company“) today announced the voting results of the Company’s annual general and special meeting of shareholders held on May 12, 2021 (the “Meeting“). 

Election of Directors

The eight nominees of management were elected as directors at the Meeting.  The voting results for the election of each director nominee are as follows:

Name of Nominee

Votes For

Votes Withheld

Number of
Votes

Percentage of
Votes

Number of
Votes

Percentage of
Votes

Rob Brown

13,912,536

99.88%

17,280

0.12%

Peter Bull

11,967,784

85.91%

1,962,032

14.09%

Michelle Lewis

12,578,718

90.30%

1,351,098

9.70%

Jim Macaulay

12,058,826

86.57%

1,870,990

13.43%

Lawrence Sauder

13,656,642

98.04%

273,174

1.96%

William Sauder

13,711,258

98.43%

218,558

1.57%

Rob Taylor

13,748,052

98.70%

181,764

1.30%

Graham Wilson

13,688,226

98.27%

241,590

1.73%

Appointment of Auditors

At the Meeting, KPMG LLP was appointed as auditors of the Company for the ensuing year and the directors were authorized to fix the remuneration to be paid to the auditors.

Increase in Number of Shares Issuable Pursuant to the Long Term Incentive Plan

At the Meeting, shareholders approved the increase to the number of shares issuable pursuant to the Long Term Incentive Plan.

About HDI

HDI is North America’s largest distributor of architectural grade building products. The Company operates a network of 70 distribution centers in the U.S. and Canada distributing products to customers that supply the residential, repair and remodel, and commercial construction markets.

SOURCE Hardwoods Distribution Inc.

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Apple employees speak publicly about recent hire who called women in Silicon Valley ‘soft and weak’ and ‘full of s–t’

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apple tim cook
Apple CEO Tim Cook.

  • Apple employees are demanding an investigation into a “misogynistic” recent hire, The Verge reported.
  • They said Antonio García Martínez wrote “racist and sexist remarks” in his autobiography, “Chaos Monkey.”
  • Multiple Apple employees have spoken publicly about the hire on social media.
  • See more stories on Insider’s business page.

Apple employees are circulating a petition demanding an investigation into the company’s hiring of Antonio García Martínez, citing his past comments about women and people of color, The Verge reported Wednesday.

The petition cited “misogynistic statements” in García Martínez’s 2016 autobiography, “Chaos Monkey,” according to The Verge, in which he writes: “Most women in the Bay Area are soft and weak, cosseted and naive despite their claims of worldliness, and generally full of s–t.”

“Given Mr. García Martínez’s history of publishing overtly racist and sexist remarks about his former colleagues, we are concerned that his presence at Apple will contribute to an unsafe working environment for our colleagues who are at risk of public harassment and private bullying,” the employees wrote, according to The Verge.

They also said Apple’s hiring of García Martínez undermines its commitment to its stated values as well as its diversity and inclusion goals, and asked Apple to guarantee García Martínez won’t be involved in “hiring, interviewing, or performance decisions.”

Apple did not respond to a request for comment on this story.

In a rare show of public protest from Apple employees, several have taken to social media to criticize García Martínez’s hiring.

“It’s so exhausting being a woman in tech; sitting opposite men who think because of my gender, I am soft and weak and generally full of shit,” one Apple engineer wrote on Twitter, referencing the quote from “Chaos Monkey.”

“I have been gutted, as many other folks at Apple were, with the hiring of Antonio García Martínez,” another engineer tweeted.

Apple and other large tech companies have made little progress increasing diversity among their ranks, despite years of public promises – particularly among technical and leadership roles, which tend to pay higher.

According to Apple’s 2020 diversity report, 34% of employees were women, while women held just 24% of technical and 31% of leadership roles. In 2014, women made up 30% of the company and held 20% of technical and 28% of leadership roles.

In 2020, white employees made up 47% of the company overall but held 59% of leadership roles, compared to 55% overall and 64% of leadership roles in 2014.

In recent years, Apple employees, like those at other companies, have also filed lawsuits alleging racial and gender discrimination, as have suppliers.

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