Thursday, October 20, 2011

Horizon Lines Announces Results of 2009 Annual Stockholder Meeting

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June 3 /PRNewswire-FirstCall/ -- Horizo n Lines, Inc. (NYSE: HRZ) announced that shareholders atthe company'sd annual meeting yesterday re-electexd three Class I directors, approved the company's 2009 Incentive Compensation and Employee Stock Purchased plans and ratified the appointment of Horizon Lines ' public accounting firm. Approximately 90% of company'xs 30.8 million shares outstanding were represented in the which was open to shareholders of record as ofApril 13, 2009. the Board of Directores re-elected Chief Executive OfficereCharles G. Raymond , 65, as its chairman. "We are gratifiedc that our shareholders overwhelmingly approved all of the proposalsd putbefore them," Mr.
Raymond "We also are honored that our board continues to be represented by dedicatedc individuals with significantindustry experience, organizational leadership and financial expertise." Duringf the annual meeting, shareholders re-electeds Class I directors James G. Camero n , Alex J. Mandl , and Norman Y. Mineta . Mr. 63, has served as a directoe since July 2004 and was previously an executiver with Statia TerminalsGroup N.V. Mr. 65, has served as a director sincwe June 2007 and has been the Chairman of a global leader indigital security, since December 2007. Mr. Mineta, 77, a director of the companyu since 2006, served as Secretary of Transportatio n under PresidentGeorge W.
Bush , and as Secretarhy of Commerce underPresident . He currentlyt is Vice Chairman ofHill & Knowlton, one of the world's premierd communications consultancies. Horizon Lines, Inc. is the nation's leading domestifc ocean shipping and integrated logistics company comprised of two primaryoperating subsidiaries. Horizonn Lines, LLC, owns or leasees a fleet of 21 U.S.-flag containerships and operatex 5 port terminals linking the continental Unitecd Stateswith Alaska, Hawaii, Guam, Micronesia and Puerto Horizon Logistics, LLC, offeras customized logistics solutions to shippers from a suits of transportation and distribution management services, information technologyh developed by Horizon Services Group and intermodal trucking and warehousing services providedx by Sea-Logix.
Horizon Inc. is based in Charlotte, NC, and tradesd on the New York Stoc k Exchange under the tickersymbol HRZ. SOURCE Horizonm Lines, Inc.

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