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Erie Indemnity Company Reports Election Of Directors And Adoption Of Equity Compensation Plan

ERIE, Pa., April 18, 2013 /PRNewswire/ -- The shareholders of Erie Indemnity Company (NASDAQ: ERIE) at their annual meeting on April 17, 2013, reelected all 13 incumbent Directors to the Company's Board of Directors for a one-year term. The persons elected to the Board (and their tenure on the Board) are:

  • J. Ralph Borneman Jr., President and Chief Executive Officer and Chairman of the Board of Body-Borneman Insurance & Financial Services, LLC. (Director since 1992)
  • Terrence W. Cavanaugh, President and Chief Executive Officer of Erie Indemnity Company and related companies (Director since 2008)
  • Jonathan Hirt Hagen, Vice Chairman, Custom Group Industries (Director since 2005)
  • Susan Hirt Hagen, Co-trustee of H.O. Hirt Trusts (Director since 1980)
  • Thomas B. Hagen, Chairman of the Board of Erie Indemnity Company; Chairman/Owner of Custom Group Industries; and general partner of the Hagen Family Limited Partnership (Director since 2007; previous Board service 1979-1998)
  • C. Scott Hartz, Chief Executive Officer, Hartz Group; Chief Executive Officer, Taasera, Inc.; and former CEO of PwC Consulting (Director since 2003)
  • Dr. Claude C. Lilly III, President, Presbyterian College (Director since 2000)
  • Lucian L. Morrison, Independent trustee and consultant in trust, estate, probate and qualified plan matters (Director since 2006)
  • Thomas W. Palmer, Member and a Managing Partner of the law firm of Marshall & Melhorn, LLC (Director since 2006)
  • Martin P. Sheffield, Owner, Sheffield Consulting, LLC, insurance consultants (Director since 2010)
  • Richard L. Stover, Managing Principal, Birchmere Capital, L.P., private equity fund (Director since 2010)
  • Elizabeth Hirt Vorsheck, Co-trustee of H.O. Hirt Trusts (Director since 2007)
  • Dr. Robert C. Wilburn, Distinguished Service Professor and Director, Heinz College, Carnegie Mellon University, Washington, D.C. (Director since 1999)

(Logo: http://photos.prnewswire.com/prnh/20041112/ERIELOGO

At their annual meeting, the shareholders also approved the adoption of a new Equity Compensation Plan.

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