MISSISSAUGA, ON, April 16, 2021 /PRNewswire/ - Maple Leaf
Foods Inc. ("Maple Leaf Foods" or the "Company") (TSX: MFI) today
announced that, for personal reasons, Mr. John Lederer, will not be standing for
re-election to the Board of Directors at the Company's upcoming
Annual Meeting of Shareholders to be held on May 5, 2021 (the "AGM").
"John has been a key contributor to the Board of Directors since
he was first elected in May 2016"
said Mr. Geoff Beattie, Chair of the
Board. "My fellow directors and I are honoured to have served
with him and will miss his thoughtful approach around the boardroom
table."
"I have the highest regard for John's leadership and
perspective," said Mr. Michael
McCain, President and CEO. "He has played a pivotal role in
providing insightful guidance and direction on critical business
decisions, and I wish him well as he steps down from his role at
Maple Leaf Foods."
The Company has filed an amendment (the "Amendment") to its 2021
Management Information Circular to reflect Mr. Lederer's decision
to retire from the Board and to reduce the number of directors to
be elected at the AGM from ten to nine. Mr. Lederer's term as
director will expire at the conclusion of the AGM.
The Amendment is available on SEDAR at www.sedar.com and
the Company's website at www.mapleleaffoods.com. Shareholders
will continue to be able to cast their votes for the matters to be
considered at the AGM using the proxies and voting information
forms previously distributed to shareholders. However, any votes
cast for Mr. Lederer's election will be disregarded.
About Maple Leaf Foods
Maple Leaf Foods Inc. ("Maple
Leaf Foods") is a carbon neutral company with a vision to be the
most sustainable protein company on earth, responsibly producing
food products under leading brands including Maple Leaf®, Maple
Leaf Prime®, Maple Leaf Natural Selections®, Schneiders®,
Schneiders® Country Naturals®, Mina®, Greenfield Natural Meat Co.®,
Lightlife®, Field Roast™ and Swift®. Maple Leaf Foods employs
approximately 13,500 people and does business in Canada, the U.S. and Asia. The company is headquartered in
Mississauga, Ontario, and its
shares trade on the Toronto Stock Exchange (MFI).
Website: www.MapleLeafFoods.com
Twitter: @MapleLeafFoods
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SOURCE Maple Leaf Foods Inc.
