Speaking to shareholders at the Zoetis
Inc. (NYSE:ZTS) annual meeting today in Short Hills, N.J., Chief
Executive Officer Juan Ramón Alaix highlighted the company’s 2014
performance and strategies for future growth as the global market leader
in animal health.
“In our second year as a public company, we generated strong profitable
growth, built on the core strengths of our business model and continued
to create value for our customers and shareholders,” said Alaix. “This
year, we will continue to enhance and protect our competitive
advantages, improve our working capital efficiency, achieve margin
improvements and return excess capital to shareholders.”
Zoetis Chairman Michael McCallister presided over the business portion
of the meeting and shareholder voting. Preliminary results of
shareholder voting from the meeting are as follows:
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Sanjay Khosla, Dr. Willie M. Reed and William C. Steere, Jr. have been
elected as directors for three-year terms.
-
Shareholders voted to approve the compensation of the company’s named
executive officers.
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Shareholders ratified and approved the selection of KPMG LLP as the
company’s independent registered public accounting firm for the 2015
fiscal year.
The final results of the shareholder voting are subject to verification
by the independent election inspectors; results will be filed in a Form
8-K and available on the Investor section of the Zoetis
website.
A full replay of the meeting will be made available at http://investor.zoetis.com/events-presentations,
along with the presentation materials from the event.
About Zoetis
Zoetis
(zô-EH-tis) is the leading animal health company, dedicated to
supporting its customers and their businesses. Building on more than 60
years of experience in animal health, Zoetis discovers, develops,
manufactures and markets veterinary vaccines and medicines, complemented
by diagnostic products and genetic tests and supported by a range of
services. In 2014, the company generated annual revenue of $4.8 billion.
With approximately 10,000 employees worldwide at the beginning of 2015,
Zoetis has a local presence in approximately 70 countries, including 27
manufacturing facilities in 10 countries. Its products serve
veterinarians, livestock producers and people who raise and care for
farm and companion animals in 120 countries. For more information, visit www.zoetis.com.
DISCLOSURE NOTICES
Forward-Looking Statements: This
press release contains forward-looking statements, which reflect the
current views of Zoetis with respect to business plans or prospects,
future operating or financial performance, expectations regarding
products, future use of cash and dividend payments, and other future
events. These statements are not guarantees of future performance or
actions. Forward-looking statements are subject to risks and
uncertainties. If one or more of these risks or uncertainties
materialize, or if management's underlying assumptions prove to be
incorrect, actual results may differ materially from those contemplated
by a forward-looking statement. Forward-looking statements speak only as
of the date on which they are made. Zoetis expressly disclaims any
obligation to update or revise any forward-looking statement, whether as
a result of new information, future events or otherwise. A
further list and description of risks, uncertainties and other matters
can be found in our Annual Report on Form 10-K for the fiscal year ended
December 31, 2014, including in the sections thereof captioned
“Forward-Looking Information and Factors That May Affect Future Results”
and “Item 1A. Risk Factors,” in our Quarterly Reports on Form 10-Q and
in our Current Reports on Form 8-K. These filings and subsequent filings
are available online at www.sec.gov,
www.zoetis.com,
or on request from Zoetis.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20150501005728/en/
Zoetis Inc.
Media:
Bill Price, 973-443-2742
william.price@zoetis.com
or
Kristen Seely, 973-443-2777
kristen.seely@zoetis.com
or
Investors:
John O'Connor, 973-822-7088
john.oconnor@zoetis.com
or
Steve Frank, 973-822-7141
steve.frank@zoetis.com