[October 21, 2005] EMC Board Votes to Amend Corporate Governance Guidelines to Adopt Director Majority Vote Standard Tweet HOPKINTON, Mass. --(Business Wire)-- Oct. 21, 2005 -- EMC Corporation today announced that its Board of Directors approved an amendment to the company's Corporate Governance Guidelines to provide that any director nominee in an uncontested election who receives a "withhold" vote representing a majority of the votes properly cast shall offer his or her resignation to the Board of Directors. The Corporate Governance and Nominating Committee will in turn make a recommendation to the full EMC Board of Directors on the director's offer to resign. If requested by the Board, the director nominee will resign from the Board. "Today's announcement gives shareholders a stronger voice in the process for selecting directors and represents the latest in a series of steps we have taken to further strengthen EMC's corporate governance practices," said Mike Ruettgers, Chairman of EMC's Board of Directors. "Adoption of this amendment demonstrates the Board's commitment to good corporate governance as it continuously reviews best practices and adopts those that serve the long-term interests of the company's shareholders." The full text of the Corporate Governance Guidelines and other information about EMC's corporate governance policies are available at www.emc.com/about/governance. About EMC EMC Corporation (NYSE: EMC) is the world leader in products, services and solutions for information management and storage that help organizations extract the maximum value from their information, at the lowest total cost, across every point in the information lifecycle. Information about EMC's products and services can be found at www.EMC.com. [ Back To TMCnet.com's Homepage ]