Tenneco Announces Results of 2013 Annual Meeting and Retirement of Board
LAKE FOREST, Ill. -- May 15, 2013
Tenneco Inc. (NYSE: TEN) announced at its annual meeting today that its
shareholders re-elected Thomas C. Freyman, Dennis J. Letham, Hari N. Nair,
Roger B. Porter, David B. Price, Jr., Gregg M. Sherrill, Paul T. Stecko, and
Jane L. Warner to the company's board of directors. The directors have been
re-elected to serve a term expiring at the 2014 annual meeting of
In addition, stockholders approved an amended and restated Tenneco 2006
Long-Term Incentive Plan, ratified the appointment of PricewaterhouseCoopers
LLP as independent accountants for 2013, and, in an advisory vote, approved
the company's executive compensation.
The company also recognized the service of Mitsunobu (Tony) Takeuchi, who is
retiring from Tenneco’s board of directors, effective May 15, 2013. Mr.
Takeuchi, the retired Chairman of DENSO International America, Inc., the North
American arm of Japan-based DENSO Corporation, had been a member of Tenneco’s
board since 2006.
“Tony’s industry experience and global business perspective helped guide our
growth and strengthen Tenneco’s position as a market leader in both our clean
air and ride performance product lines,” stated Gregg Sherrill, Tenneco
chairman and CEO. “On behalf of my fellow board members, shareholders and
employees, I want to thank Tony for his outstanding service on the Tenneco
Tenneco is a $7.4 billion global manufacturing company with headquarters in
Lake Forest, Illinois and approximately 25,000 employees worldwide. Tenneco is
one of the world’s largest designers, manufacturers and marketers of clean air
and ride performance products and systems for automotive and commercial
vehicle original equipment markets and the aftermarket. Tenneco’s principal
brand names are Monroe®, Walker®, XNOx™ and Clevite®Elastomer.
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