Reynolds American (RAI) Appoints New Lead Director at Annual Meetin
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Reynolds American (NYSE: RAI) announced results from the annual shareholder meeting: re-elected four directors; ratified the appointment of KPMG LLP as independent auditors for RAI's 2008 fiscal year; and defeated three shareholder proposals.
At a board meeting following the annual shareholders' meeting, the RAI board declared a quarterly cash dividend on the company's common stock of $0.85 per share ($3.40 per share annualized).
Also during the board meeting, the RAI board appointed Thomas C. Wajnert as lead director, replacing General John T. Chain Jr., who has retired from the board.
Reynolds American Inc. (RAI) is a holding company. The Company has two business segments: RJR Tobacco and Conwood.[SM]
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