Preliminary Voting Results Indicate Barington Group Victory in Ameron International Proxy Contest
NEW YORK, March 30, 2011 /PRNewswire/ -- Barington Capital Group, L.P. announced today that the preliminary voting results from the 2011 Annual Meeting of Stockholders of Ameron International Corporation (NYSE: AMN) indicate that the Barington Group's nominee -- James A. Mitarotonda -- has been elected to the Board. A preliminary count of the voting results by MacKenzie Partners, Inc., the Barington Group's proxy solicitor, shows that the stockholders of Ameron have overwhelmingly supported the election of Mr. Mitarotonda, with approximately 72.6% of the votes cast voting in favor of his election as a director of the Company.
Commenting on the preliminary results, Mr. Mitarotonda, Barington's Chairman and CEO, stated, "We are grateful for the support we have received from our fellow stockholders. The preliminary results demonstrate that stockholders overwhelmingly agree with us that there is a need for change at Ameron. I look forward to joining the Ameron Board and working constructively with all of the Company's incumbent directors to help improve Ameron's operations, profitability and corporate governance. We strongly believe in the prospects of Ameron and that the Company's brightest days are yet to come."
About Barington Capital Group, L.P.:
Barington Capital Group, L.P. is an investment firm that, through its affiliates, invests in undervalued, small and mid-capitalization companies. Barington and its principals are experienced value-added investors who have been assisting publicly-traded companies in creating or improving shareholder value since January 2000.
SOURCE Barington Capital Group, L.P.