1. Eight director nominees elected to Tucows' Board of Directors. 2. New Board members bring diverse expertise in finance and technology. 3. Elliot Noss continues as President and CEO, emphasizing strategic leadership. 4. Appointment of Deloitte LLP as independent auditors ratified for 2025. 5. The Board refresh aims to enhance Tucows' growth and innovation.
The election of a strong, diverse Board can positively influence company strategy and long-term growth. Historical trends indicate that similarly refreshed Boards have led companies to significant stock appreciation.
The central leadership change through Board elections is highly relevant, potentially affecting operational direction and stock performance significantly.
Strategic changes typically take time to reflect in stock prices, requiring longer-term outlook for potential gains. The diverse skill set suggests sustained growth initiatives over time.
- Tucows Inc. (NASDAQ: TCX), (TSX: TC) announced that eight director nominees were elected to its Board of Directors at the company's Annual General Meeting held yesterday. The newly constituted Board brings a broad range of expertise across finance, technology, data analytics, and entrepreneurship—providing strategic leadership to help guide Tucows' next chapter of growth and innovation.
"We're pleased to welcome new and returning directors to the Tucows Board," said Elliot Noss, President and CEO of Tucows. "Each of them brings valuable experience and insight, along with a clear alignment to our values. This refresh reflects a thoughtful evolution of our Board, and we are deeply grateful to our outgoing directors for their years of service. We're confident this transition positions us well for the road ahead."
The newly-elected Board members include:
These appointments underscore Tucows' commitment to assembling a Board with diverse global perspectives and deeply relevant expertise to help steward the company's long-term strategy, operational execution, and innovation across its business portfolio.
| Director Nominee | Votes For | % For | Votes Withheld | % Withheld |
|---|---|---|---|---|
| Marlene Carl | 6,253,024 | 89.67 | 720,089 | 10.33 |
| Lee Matheson | 6,537,189 | 93.75 | 435,924 | 6.25 |
| Sandra Matz | 6,568,650 | 94.20 | 404,463 | 5.80 |
| Laurenz Malte Nienaber | 6,586,317 | 94.45 | 386,796 | 5.55 |
| Elliot Noss | 6,009,694 | 86.18 | 963,419 | 13.82 |
| Allen Taylor | 6,587,059 | 94.46 | 386,054 | 5.54 |
| Jeffrey Tory | 6,587,059 | 94.46 | 386,054 | 5.54 |
| Stephan Uhrenbacher | 6,587,203 | 94.47 | 385,910 | 5.53 |
| Votes For | % For | Votes Against | % Against | Abstentions | % Abstentions |
|---|---|---|---|---|---|
| 7,515,484 | 99.79 | 7,419 | 0.10 | 8,470 | 0.11 |
Final results on all matters voted on at the annual meeting of shareholders held on May 20, 2025 will be filed with the Canadian securities regulators and the Securities and Exchange Commission.
Tucows helps connect more people to the benefit of internet access through communications service technology, domain services, and fiber-optic internet infrastructure. Ting (https://ting.com) delivers fixed fiber Internet access with outstanding customer support. Wavelo (https://wavelo.com) is a telecommunications software suite for service providers that simplifies the management of mobile and internet network access; provisioning, billing and subscription; developer tools; and more. Tucows Domains (https://tucowsdomains.com) manages approximately 24 million domain names and millions of value-added services through a global reseller network of over 35,000 web hosts and ISPs. Hover (https://hover.com) makes it easy for individuals and small businesses to manage their domain names and email addresses. More information can be found on Tucows' corporate website (https://tucows.com).
Tucows, Ting, Wavelo, and Hover are registered trademarks of Tucows Inc. or its subsidiaries.
SOURCE Tucows Inc.