Solium Capital Inc. Announces Changes to the Board and Management
CALGARY, April 12, 2010 — Solium Capital Inc. (TSX: SUM) is pleased to announce that it anticipates welcoming new members to its Board of Directors following its annual and special meeting of shareholders and that it has appointed additional executive officers to Solium.
Effective today, the Board of Directors of Solium has appointed Michael G. Broadfoot (the former Chairman and a current director), Brian N. Craig (a director), Jeffrey F. English (the President and Chief Executive Officer) and Marcos A. Lopez (the former Executive Vice President, Corporate Strategy and Business Development) as Managing Directors of the Corporation. Solium will be lead by an Executive
Management Committee consisting of the four Managing Directors. The Executive Management Committee will be responsible for overseeing the executive management of all aspects of the business. In addition, Mr. Craig is replacing Mr. Broadfoot as Executive Chairman of the Board.
The Board has nominated eight individuals for election at the upcoming shareholder meeting, including four incumbents: Michael G. Broadfoot, Brian N. Craig, Michael H. Deleray and Jeffrey F. English and four new nominees: Marcos A. Lopez, Margot M. Micallef, Colleen J. Moorehead and Tom P. Muir. If all eight nominees are elected at the shareholder meeting, half of the Board will be comprised of directors that are independent of management. It is anticipated that, following the shareholder meeting, Ms. Moorehead will be appointed Lead Director. Biographical information with respect to each of the nominee directors will be included in the information circular and proxy statement to be sent to shareholders.
The annual and special meeting of shareholders of Solium is scheduled for Tuesday, May 18, 2010 at 2:00 p.m. in Chinook Rooms 2 and 3 of the south building of the Telus Convention Centre at 120 – 9th Avenue S.E., Calgary, Alberta. The information circular and proxy statement with respect to the meeting will be mailed on or about April 21, 2010 to shareholders of record as of April 16, 2010. The circular will also be available on SEDAR at www.sedar.com.
The election of Mmes. Micallef and Moorehead and Messrs. Lopez and Muir to the Board of Directors is subject to the approval of the Toronto Stock Exchange.
About Solium Capital Inc.
Solium Capital Inc. (TSX: SUM) specializes in the administration and execution of equity-based incentive and savings plans and is setting the industry standard for service excellence, industry knowledge and innovative technical leadership. Solium’s technology platform, Shareworks, is a leading online solution that integrates the management of multiple equity plan types including stock options, share units,
and employee share purchase plans on one comprehensive platform.