STUART, Fla., May 17, 2016 /PRNewswire/ -- Seacoast
Banking Corporation of Florida
("Seacoast" or "Company") (NASDAQ: SBCF) today announced that each
of the world's three leading independent proxy advisory firms –
Institutional Shareholder Services Inc., Glass Lewis & Co., and
Egan Jones – have recommended that
Seacoast shareholders vote "FOR" all proposals included in the
Company's definitive proxy statement for the Company's 2016 Annual
Meeting of Shareholders scheduled to be held on Tuesday, May 24, 2016.
The supported proposals scheduled for a vote at the Annual
Meeting comprise:
- Re-elect five Class II directors, Dennis J. Arczynski, Maryann Goebel, Roger O.
Goldman, Dennis S. Hudson,
Jr. and Thomas E.
Rossin.
- Approve a proposal to reappoint Crowe Horwath LLP, an
independent registered certified public accounting firm and the
Company's independent auditor for the fiscal year ending
December 31, 2015, to serve as the
Company's independent auditor for the fiscal year ending
December 31, 2016.
- Approve the compensation of our named executive officers, as
disclosed in the Proxy Statement pursuant to the compensation rules
of the SEC. This Proposal, commonly known as a "say-on-pay"
proposal, gives shareholders the opportunity to endorse or not
endorse the compensation of the Company's named executive officers
as disclosed in the Proxy Statement.
Shareholders who need assistance in voting their shares or have
questions may contact the Company's proxy solicitor, MacKenzie
Partners, Inc., toll-free at 1-800-322-2885.
About Seacoast Banking Corporation of Florida (NASDAQ: SBCF)
Seacoast Banking Corporation of Florida is one of the largest community banks
headquartered in Florida with
approximately $4.0 billion in assets
and $3.2 billion in deposits as of
March 31, 2016. The Company provides
integrated financial services including commercial and retail
banking, wealth management, and mortgage services to customers
through advanced banking solutions, 53 traditional branches of its
locally-branded wholly-owned subsidiary bank, Seacoast Bank, and
five commercial banking centers. Offices stretch from Ft. Lauderdale, Boca
Raton and West Palm Beach
north through the Daytona Beach
area, into Orlando and
Central Florida, and west to
Okeechobee and surrounding
counties. More information about the Company is available
at SeacoastBanking.com.
Additional Information and Where to Find It
Seacoast, its directors, executive officers and other employees
may be deemed to be participants in the solicitation of proxies
from Seacoast's shareholders in connection with its 2016 Annual
Meeting of Shareholders (the "2016 Annual Meeting"). Shareholders
may obtain information regarding the names, affiliations and
interests of such individuals in Seacoast's definitive proxy
statement, filed with the SEC on April 7,
2016. Additional information regarding the identity of
potential participants, and their direct or indirect interests, by
security holdings or otherwise, is set forth in the definitive
proxy statement and, to the extent applicable, will be updated in
other materials to be filed with the SEC in connection with the
2016 Annual Meeting.
Seacoast has filed a definitive proxy statement in connection
with the 2016 Annual Meeting. SEACOAST SHAREHOLDERS ARE STRONGLY
URGED TO READ THE DEFINITIVE PROXY STATEMENT, THE ACCOMPANYING
PROXY CARD AND OTHER RELEVANT DOCUMENTS FILED BY SEACOAST WITH THE
SEC IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION. The definitive proxy statement and an accompanying
proxy card are, along with other relevant documents, available at
no charge on the SEC's website at www.sec.gov. Copies of these
documents will also be available free of charge from Seacoast by
directing a request to Seacoast Banking Corporation of Florida, c/o Corporate Secretary, P.O. Box
9012, Stuart, Florida 34995.
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SOURCE Seacoast Banking Corporation of Florida