Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today announced that its 2011 Annual Meeting of Stockholders will be held on May 4, 2011 at 10:00 am CDT at Lewis University, 2122 York Road, Oak Brook, Illinois 60523 for the following purposes:
1. To elect three directors to serve for a three-year term or until his/her respective successor is elected and qualified;
2. To ratify Deloitte & Touche LLP as the independent auditor of the Company for the fiscal year ending December 31, 2011;
3. To vote on a non-binding resolution to approve the compensation of the Corporation’s Named Executive Officers;
4. To vote on a non-binding resolution to determine how often stockholders of the Corporation will be entitled to an advisory vote on executive compensation; and
5. To transact such other business as may properly come before the meeting or any adjournments thereof.
The Board of Directors also set the close of business on March 23, 2011 as the record date for holders of the Company’s common stock entitled to notice of and authorized to vote at such Annual Meeting.
Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the United States and the only U.S. dredging company with significant international operations. The Company is also one of the largest U.S. providers of commercial and industrial demolition services. Additionally, the Company owns a 50% interest in a marine sand mining operation in New Jersey which supplies sand and aggregate used for road and building construction. Great Lakes has a 120-year history of never failing to complete a marine project and owns the largest and most diverse fleet in the industry, comprised of over 180 specialized vessels.
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Source: Great Lakes Dredge & Dock Corporation, February 21, 2011