Grubb & Ellis shareholders re-elect directors, reject dissident slate

By Lisa Kerner

Charlotte, N.C., Dec. 10 - Grubb & Ellis Co. said preliminary results show its stockholders voted to re-elect the company's nominees at the 2008 annual meeting on Dec. 3.

Re-elected were Harold H. Greene, Devin I. Murphy and D. Fleet Wallace.

In October, dissenting stockholder Anthony Thompson nominated himself; Stuart A. Tanz, a former candidate for the company's chief executive officer position; and company co-founder Harold A. Ellis Jr. for election to the board.

IVS Associates, the independent inspector of elections, reported that Thompson's candidates were defeated as were his two bylaw proposals, a Grubb & Ellis news release said. Final certified results will be announced.

Grubb & Ellis is a Chicago-based real estate services and investment management firm.

Preliminary voting results

Nominee Votes

Harold H. Greene 28,486,574

Devin I. Murphy 32,839,367

D. Fleet Wallace 28,482,376

Anthony W. Thompson 19,884,716

Harold A. Ellis Jr. 25,624,199

Stuart A. Tanz 25,624,414

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