ANGLETON, Texas, May 11, 2016 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced that, based on the preliminary voting results provided by the Company's proxy solicitor following the Company's 2016 Annual Meeting of Shareholders, shareholders have voted to elect Robert Gifford and Jeffrey McCreary to the Benchmark Board of Directors.
Benchmark's Board and management appreciate the consideration and support of Benchmark shareholders, as well as the insights offered by shareholders throughout this process. We also thank Bernee Strom and Mike Dawson for their service on the Board of Directors and many contributions to the Company.
The preliminary vote count also indicates that Benchmark shareholders have approved all of the other proposals submitted for a vote at the Annual Meeting, including amending the Company's Restated Articles of Incorporation to provide for plurality voting in contested director elections, approving the advisory say-on-pay proposal, and ratifying appointment of the Company's independent auditors.
Final results of the election will be published once they are certified by the independent inspector of elections.
About Benchmark Electronics, Inc.
Benchmark provides integrated manufacturing, design and engineering services to original equipment manufacturers of industrial equipment (including equipment for the aerospace and defense industries), telecommunication equipment, computers and related products for business enterprises, medical devices, and test and instrumentation products. Benchmark's global operations include facilities in seven countries, and its common shares trade on the New York Stock Exchange under the symbol BHE.
This press release contains forward-looking statements within the scope of the Securities Act of 1933 and the Securities Exchange Act of 1934. The words "expect," "estimate," "anticipate," "predict" and similar expressions, and the negatives thereof, often identify forward-looking statements, which are not limited to historical facts. Our forward-looking statements include, among other things: guidance for 2016; statements, express or implied, concerning future operating results or margins; the ability to generate sales, income or cash flow; the benefits of the Secure acquisition and our ability to continue share repurchases; and Benchmark's business and growth strategies and expected growth and performance. Although Benchmark believes these statements are based upon reasonable assumptions, they involve risks and uncertainties relating to our operations, markets and business environment generally. If one or more of these risks or uncertainties materialize, or underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. All forward-looking statements included in this press release are based upon information available to Benchmark as of the date of this document, and the Company assumes no obligation to update them. Readers are advised to consult further disclosures on related subjects, particularly in Item 1A, "Risk Factors" of the Company's annual report on Form 10-K for the year ended December 31, 2015, in its other filings with the U.S. Securities and Exchange Commission (the "SEC") and in its press releases.
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SOURCE Benchmark Electronics, Inc.