SVEC successfully holds 84th annual meeting

Business News is sponsored by:

~ Press release issued by Shenandoah Valley Electric Cooperative

ROCKINGHAMShenandoah Valley Electric Cooperative (SVEC) members voted in unprecedented numbers en route to re-electing two people to the board of directors, as announced at the 84th annual membership meeting on Thursday night, August 13.

SVEC’s board and select staff gathered with masks on and proper social distancing in a large meeting room at its headquarters in Rockingham. More than 130 members registered to participate in the event via phone. Over 5,100 members returned proxy cards or voted online for director elections to help the cooperative meet quorum requirements.

“The event was a safe, effective alternative to an in-person gathering,” SVEC Board Chair Larry Howdyshell said. “We are thrilled with the participation level of our members in the voting process. I am happy that over 93 percent of members surveyed in relation to the new process indicated that they were very satisfied or satisfied with the voting process.”

To increase participation in director elections, the board voted last year to introduce new ways for members to cast ballots by adding online and mail-in options. When COVID-19 led to the shift from an in-person meeting, the new methods became especially timely additions.

And members voted like they never have before with 7,197 ballots cast, representing over 9 percent of the total membership. Fewer than 400 members voted in each of the previous two elections, when the only method to cast a ballot was to attend an in-person annual meeting. It is worth noting that the SVEC Board of Directors is not able to vote proxies in relation to the election of its directors. The election results are tallied from individual member selections of a given candidate.

Staff attorney Dale Davenport announced at the meeting the members re-elected to the board Vice Chair Suzanne S. Obenshain and Stephen W. Burkholder, both from Rockingham County. A specific breakdown of the votes are as follows:

SEAT A                                              Web    Paper   Votes   Percent

Stephen Burkholder                            1,656   4,891   6,547   100.0%

SEAT B                                              Web    Paper   Votes   Percent

Suzanne S. Obenshain                        1,167   3,782   4,949   71.1%

Sally Newkirk                                     651      1,361   2,012   28.9%

The rest of the meeting provided members with customary business updates with reports from Howdyshell and President and CEO Greg Rogers, a question-and-answer session, and the ever-popular announcement of 12 winners for a $250 bill credit.

An audio recording of the event is available at www.svec.coop.

Chartered in 1936, SVEC serves approximately 98,000 meters in the counties of Augusta, Clarke, Frederick, Highland, Page, Rockingham, Shenandoah, and Warren and the City of Winchester in Virginia. Shenandoah Valley Electric Cooperative was the first electric cooperative chartered in Virginia. This institution is an equal opportunity provider and employer. SVEC supports our armed services and veterans in employment opportunities.

RELATED ARTICLES

SVEC returns more than $4 million to members

Page One, Free Clinic receive funds from Operation Round Up

SVEC opens directors elections, meeting proxy

SVEC names new CEO

Be the first to comment

Leave a Reply

Your email address will not be published.


*