May 24, 2012
/PRNewswire/ -- The board of directors of Arbitron Inc. (NYSE: ARB) has approved the payment of a quarterly cash dividend of
) per common share. The dividend will be paid on or about
July 2, 2012
to shareholders of record as of the close of business on
June 15, 2012
May 2, 2012
, there were approximately 26,454,494 shares outstanding.
Annual Meeting of Stockholders
Arbitron Inc. held its annual stockholders' meeting on
Tuesday, May 22, 2012
Arbitron stockholders elected ten individuals to the board of directors.
Shellye L. Archambeau
David W. Devonshire
John A. Dimling
Ronald G. Garriques
William T. Kerr
Larry E. Kittelberger
Luis G. Nogales
Richard A. Post
were returned to the board for one year terms, expiring in 2013.
Ms. Archambeau is Chief Executive Officer of MetricStream, Inc.; Mr. Devonshire is the former Executive Vice President and Chief Financial Officer of Motorola, Inc.; Mr. Dimling is the former Chairman Emeritus and former President and Chief Executive Officer of Nielsen Media Research, Inc.;
, President and Chief Executive Officer of the Radio Advertising Bureau;
Ronald G. Garriques
, Chief Executive Officer and Director of Gee Holdings LLC and former President, Communication Solutions Group of Dell Inc.; Mr. Guarascio is the Chairman and Chief Executive Officer of PG Ventures LLC and former Vice President, General Manager of General Motors Corporation's North America Advertising and Corporate Marketing; Mr. Kerr is President and Chief Executive Officer of Arbitron Inc.; Mr. Kittelberger is the former Senior Vice President, Technology and Operations of Honeywell International, Inc.; Mr. Nogales is the Managing Partner of Nogales Investors LLC and former Chairman and Chief Executive Officer of Embarcadero Media, Inc., and Mr. Post is the former President and Chief Executive Officer of Autobytel Inc.
Stockholders voted to ratify KPMG LLP as Arbitron's independent registered public accounting firm for 2012.