NEW YORK, May 26 /PRNewswire-FirstCall/ -- E*TRADE FINANCIAL Corporation
(NYSE: ET) today announced the results of its Annual Shareholder Meeting held
today, May 26, 2005, in Arlington, VA. Over 88 percent of all outstanding
shares were voted. Shareholders voted in favor of all the proposals on the
proxy, including the election of four directors; the approval of the 2005
Equity Incentive Plan and the 2005 Executive Bonus Plan; and the ratification
of the selection of Deloitte & Touche LLP as the Company's auditors.
Daryl G. Brewster, Group Vice President and President, Snacks and Cereal,
Kraft Foods, Inc.; Mitchell H. Caplan, Chief Executive Officer, E*TRADE
FINANCIAL Corporation; C. Cathleen Raffaeli, Chief Executive Officer and
President, Cardean Learning Group; and Stephen H. Willard, Executive Vice
President, Chief Financial Officer and General Counsel, Flamel Technologies
S.A., were each elected or re-elected to the Company's Board of Directors for
a term that will end at the Company's Annual Shareholder Meeting in 2008.
The Company's Corporate Report is currently available at http://www.etrade.com.
About E*TRADE FINANCIAL
The E*TRADE FINANCIAL family of companies provides financial services
including trading, investing, banking and lending for retail and institutional
customers. Securities products and services are offered by E*TRADE Securities
LLC (Member NASD/SIPC). Bank and lending products and services are offered by
E*TRADE Bank, a Federal savings bank, Member FDIC, or its subsidiaries.
Important Notice
E*TRADE FINANCIAL and the E*TRADE FINANCIAL logo are registered trademarks
or trademarks of E*TRADE FINANCIAL Corporation. The statements contained in
this news release that are forward-looking are based on current expectations
that are subject to a number of uncertainties and risks, and actual results
may differ materially. The uncertainties and risks include, but are not
limited to, changes in market activity, anticipated increases in the rate of
new customer acquisition, the conversion of new visitors to the site to
customers, the activity of customers and assets held at the institution,
seasonality, the development and enhancement of products and services,
competitive pressures (including price competition), system failures, economic
and political conditions, changes in consumer behavior and the introduction of
competing products having technological and/or other advantages. Further
information about these risks and uncertainties can be found in the
information included in the annual reports previously filed by E*TRADE Group,
Inc. or E*TRADE FINANCIAL Corporation with the SEC on Form 10-K (including
information under the caption "Risk Factors") and quarterly reports on Form
10-Q.
E*TRADE FINANCIAL Media Contact
Pam Erickson
E*TRADE FINANCIAL Corporation
617-296-6080
pam.erickson@etrade.com
E*TRADE FINANCIAL Investor Relations Contact
Adam Townsend
E*TRADE FINANCIAL Corporation
703-236-8719
adam.townsend@etrade.com
SOURCE E*TRADE FINANCIAL Corporation
 back to top
Related links:
http://www.etrade.com
CONTACT:
media, Pam Erickson, +1-617-296-6080, or
pam.erickson@etrade.com, or investors, Adam Townsend,
+1-703-236-8719, or adam.townsend@etrade.com, both of E*TRADE
FINANCIAL Corporation
|
