CIB Marine Bancshares, Inc. has scheduled its Annual Meeting of Shareholders to be held at 1:00 p.m., local time, on Thursday, April 30, 2020, at the Sheraton Milwaukee Brookfield Hotel, 375 South Moorland Road, Brookfield, Wisconsin 53005.
All shareholders of record of CIB Marine’s common stock at the close of business on March 11, 2020, will be entitled to vote at the Annual Meeting.
The Proxy Statement and consolidated Financial Statement for the year ended December 31, 2019, are available here.
The meeting will begin promptly at 1:00 p.m. The order of the meeting is: (1) an introduction by Mr. Mark A. Elste, Chairman; (2) the election of directors; (3) the approval of a fourth amendment to the Company’s Articles of Incorporation to authorize the Board of Directors to effect at 1:15 reverse stock split of the Company’s Common Shares; (4) the approval of a fifth amendment to the Company’s Articles of Incorporation to modify the rights and preferences of the Company’s Series A and Series B Preferred Stock, subject to the approval of the requisite number of shares of Series A and Series B Preferred Stock; and (5) the ratification of Crowe LLP as CIB Marine’s independent registered public accounting firm for fiscal year 2020. Following the meeting there will be remarks by Mr. Mark A. Elste, Chairman, and Mr. J. Brian Chaffin, President & CEO.
A copy of the presentation given by management is available here. |