Tellabs' stockholders elect three directors and vote on executive compensation
NAPERVILLE, Ill., May 2, 2012 /PRNewswire/ -- At Tellabs' annual stockholders meeting today, stockholders:
- Re-elected current directors Bo Hedfors, Michael E. Lavin and Jan H. Suwinski. To view biographies of the Tellabs Board of Directors, please visit www.tellabs.com/about/bios/directors.shtml.
- Approved on an advisory basis named executive officer compensation.
- Ratified the appointment of Ernst & Young LLP as Tellabs (TLAB)' independent auditors for 2012.
Tellabs also announced a quarterly dividend of 2 cents per share. The cash dividend is payable on May 25 to shareholders of record as of the close of business on May 11.
About Tellabs Tellabs innovations advance the smart mobile Internet and help our customers succeed. That's why 80% of the top global communications service providers choose our mobile backhaul, packet optical and services solutions. We help them get ahead by adding revenue, reducing expenses and optimizing networks.
Tellabs is part of the NASDAQ Global Select Market, Ocean Tomo 300" Patent Index, the S&P MidCap 400 Index and several corporate responsibility indexes including the Maplecroft Climate Innovation Index, FTSE4Good and eight FTSE KLD indexes. www.tellabs.com
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