At the regular general meeting on June 8, Swiss Life/Rentenanstalt's shareholders approved the 1999 Annual Report and discharged the company's boards. The general meeting approved the resolution proposed by the Board of Directors of increasing the dividend by CHF 2.00 to CHF 11.00. Andres F. Leuenberger was appointed as the new President of the Board of Directors. He succeeds Ernst Rüesch, who retired as per this year's general meeting.
Gerold Bührer, Member of the Corporate Executive Board of Georg Fischer AG, was newly appointed to the Board of Directors. Christine Beerli, Albert Eggli, Georges Muller and Rino Rossi were re-elected for a term of office of three years each. Heinz Allenspach, Jean-Jacques Cevey and Argante Righetti resigned from the Board of Directors, which currently comprises 13 Members. Andres F. Leuenberger has assumed the Presidency of the Board of Directors. He succeeds Ernst Rüesch, who, from January 1, 1994, held office as President of the Supervisory Board of the former mutual society and later, from June 30, 1997, as President of the Board of Directors of the new Swiss Life/Rentenanstalt public limited company.
The general meeting approved the distribution of Swiss Life/Rentenanstalt's (parent company) 1999 profit in the amount of CHF 288.6 million and determined a dividend of CHF 11.00 as proposed, thus increasing the dividend by CHF 2.00 compared to the previous year. Furthermore, an amendment of the Articles of Association was also approved. This will allow for future votes at the general meeting to be conducted by electronic voting systems.
1'252 shareholders participated at the general meeting at the Zurich Hallenstadion. They represented 5'136'618 votes and, thus, 43.73% of the capital entitled to vote.
Gerold Bührer, Member of the Corporate Executive Board of Georg Fischer AG, was newly appointed to the Board of Directors. Christine Beerli, Albert Eggli, Georges Muller and Rino Rossi were re-elected for a term of office of three years each. Heinz Allenspach, Jean-Jacques Cevey and Argante Righetti resigned from the Board of Directors, which currently comprises 13 Members. Andres F. Leuenberger has assumed the Presidency of the Board of Directors. He succeeds Ernst Rüesch, who, from January 1, 1994, held office as President of the Supervisory Board of the former mutual society and later, from June 30, 1997, as President of the Board of Directors of the new Swiss Life/Rentenanstalt public limited company.
The general meeting approved the distribution of Swiss Life/Rentenanstalt's (parent company) 1999 profit in the amount of CHF 288.6 million and determined a dividend of CHF 11.00 as proposed, thus increasing the dividend by CHF 2.00 compared to the previous year. Furthermore, an amendment of the Articles of Association was also approved. This will allow for future votes at the general meeting to be conducted by electronic voting systems.
1'252 shareholders participated at the general meeting at the Zurich Hallenstadion. They represented 5'136'618 votes and, thus, 43.73% of the capital entitled to vote.