IRVINE, Calif. -- (BUSINESS WIRE) -- Local Corporation (NASDAQ: LOCM), a leading local advertising technology company, today announced the results of its 2014 Annual Meeting of Stockholders. The meeting was held earlier today in Irvine, Calif.
At the meeting, Local Corporation stockholders elected Norman K. Farra, Jr. as a Class I member of the company’s Board of Directors for a 3-year term expiring in 2017. The stockholders also ratified the appointment of BDO USA, LLP to serve as the company's independent registered public accounting firm for the fiscal year ending Dec. 31, 2014. Additionally, the company’s stockholders approved the advisory vote on executive compensation.
The company also announced the composition of its board committees going forward. John Rehfeld, David Hughes and John Payne will serve on the board’s audit committee. Rehfeld and Payne will serve on the board’s compensation committee, and Rehfeld and Hughes will serve on the board’s nominating and corporate governance committee. Rehfeld will serve as chairman of each of these committees.
About Local Corporation
Local Corporation (NASDAQ:LOCM) is a leading local advertising technology company that connects millions of online and mobile consumers with businesses and products through a variety of innovative digital advertising solutions. The company’s patented Krillion® local shopping platform aggregates, localizes and distributes dynamic, national and regional retail shopping content, from approximately 120,000 store locations, representing nearly 3 million localized products. For more information, visit: http://www.localcorporation.com or http://www.krillion.com. To download the company’s iOS® 7-compatible Havvit™ shopping app, go to: iTunes® (http://bit.ly/1d8Y111).
Forward Looking Statements
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