Cliffs Won’t Contest Board Election Results

Cliffs Natural Resources Inc. (NYSE:CLF) announced the results of its annual general meeting of shareholders, commenting that based on a report from elections inspector IVS Associates Inc., five of its directors have been re-elected to the board. They will be joined by six new directors.

Cliffs does not plan to contest the results.

As quoted in the press release:

Over the past several months, a number of different perspectives were conveyed and our shareholders had the chance to express their views on a variety of points.  We appreciate the consideration and support of our shareholders, as well as the valuable insights they have offered our Board and management team throughout this process.  We welcome our new directors to the Board and look forward to working with them.

We would like to thank Susan M. Cunningham, Barry J. Eldridge, Andrés R. Gluski, Susan M. Green, James F. Kirsch and Stephen Johnson for their service on Cliffs’ Board of Directors and their many contributions to the Company.

Click here to read the full Cliffs Natural Resources Inc. (NYSE:CLF) press release.