Share Owners of Kimball International, Inc. (Nasdaq: KBALB) have elected all seven nominees to the Board of Directors at the Company's 2011 annual meeting held today. The following Board members were elected to serve until the next Annual Share Owners Meeting representing Class A Share Owners: Douglas A. Habig, James C. Thyen, Christine M. Vujovich, Harry W. Bowman, Geoffrey L. Stringer, Thomas J. Tischhauser, and representing Class B Share Owners: Dr. Jack R. Wentworth. Class A Share Owners also ratified the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for fiscal year 2012, approved an advisory resolution on the compensation of the Company’s named executive officers as reported in the Company’s 2011 Proxy Statement, and voted to hold future advisory votes on the compensation of the Company’s named executive officers every three years.
The Board of Directors of Kimball International, Inc. also declared a quarterly dividend of 5 cents per share on Class B Common stock and 4 1/2 cents per share on Class A Common stock payable January 13, 2012, to Share Owners of record on December 23, 2011.
About Kimball International:
Recognized with a reputation for excellence, Kimball International is committed to a high performance culture that values personal and organizational commitment to quality, reliability, value, speed, and ethical behavior. Kimball employees know they are part of a corporate culture that builds success for Customers while enabling employees to share in the Company’s success through personal, professional and financial growth.Kimball International, Inc. (NASDAQ: KBALB) provides a variety of products from its two business segments: the Electronic Manufacturing Services segment and the Furniture segment. The Electronic Manufacturing Services segment provides engineering and manufacturing services which utilize common production and support capabilities to a variety of industries globally. The Furniture segment provides furniture for the office and hospitality industries, sold under the Company’s family of brand names.
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