Chicago-based brokerage Hub International Ltd. shareholders have elected two new independent directors to the company’s board. The election by shareholders at last week’s annual and special meeting of shareholders creates an independent majority on the board.
New independent directors elected to the board include:
—Stuart Ross, 67, trustee, Hansberger International Institutional Series, a mutual fund. Ross is a member of the International Executive Service Corporation Advisory Council and also serves on the boards of MicroStrategy and the World Affairs Forum. Previously, he held executive positions with Xerox Financial Services, Xerox Corp., Macmillan Publishing Co. and Harris, Kerr, Forster & Co. He is a Certificated Public Accountant.
—Edward W. Lyman, Jr., 61, vice chair of the board, Harris Trust and Savings Bank, Chicago. Lyman joined Harris Bank in 1964 and held several executive positions in the organization prior to being elected to his current role in 1995.
Also at the annual meeting, shareholders voted to authorize continuance of the corporation under the Canada Business Corporations Act and to continue the services of PricewaterhouseCoopers LLP as the corporation’s independent auditor.
Hub provides a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States and Canada.
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