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Iron Mountain Incorporated Announces Results of Annual Meeting of Stockholders

^{Published on 2011-06-10 09:26:05 - Market Wire}
 

BOSTON--([ BUSINESS WIRE ])--Iron Mountain Incorporated (NYSE: IRM), the information management company, announced today that stockholders elected all eleven board-recommended nominees for director including first-time nominee, Allan Z. Loren. Long-time director Constantin R. Boden did not stand for re-election and retired from the board after 20 years of service.

"Allan is an accomplished executive who has extensive strategic, technology and operational experience with a deep knowledge of information management"

In addition to electing the directors, Iron Mountaina™s stockholders, in line with the boarda™s unanimous recommendations, ratified the selection of Deloitte & Touche LLP as the Companya™s independent public accounting firm and voted for the approval of a non-binding, advisory resolution approving the compensation of the Companya™s named executive officers and to hold a non-binding, advisory vote on the compensation of named executive officers every year.

"Allan is an accomplished executive who has extensive strategic, technology and operational experience with a deep knowledge of information management," said Richard Reese, chairman and chief executive officer of Iron Mountain. "This insight and experience is of value to us as we implement our recently announced strategic plan and focus on driving increased shareholder value. We're pleased to welcome Allan to our board. I would also like to thank Constantin Boden for his extraordinary contributions to Iron Mountain during his 20 years as a director."

Mr. Loren is currently an executive coach to chief executive officers. Mr. Loren served as both chairman and chief executive officer of Dun & Bradstreet (aD&Ba), a public company that is a leading source of commercial information and insight on businesses, from 2000 through 2004 and as chairman of D&B from January 2005 until May 2005.

Mr. Loren has served on the board of directors of PHH Corporation since 2009 and serves on the Board of Trustees of the Queens College Foundation, City University of New York. Mr. Loren previously served on the boards of directors of the following public companies: Fair Isaac Corporation, Hershey Foods, Reynolds & Reynolds, U.S. Cellular, and Venator Group (currently known as Foot Locker, Inc.).

About Iron Mountain

Iron Mountain Incorporated (NYSE: IRM) provides information management services that help organizations lower the costs, risks and inefficiencies of managing their physical and digital data. The Companya™s solutions enable customers to protect and better use their informationa"regardless of its format, location or lifecycle stagea"so they can optimize their business and ensure proper recovery, compliance and discovery. Founded in 1951, Iron Mountain manages billions of information assets, including business records, electronic files, medical data, emails and more for organizations around the world. Visit [ www.ironmountain.com ] for more information.