Western AgCredit's Board of Directors

Western AgCredit is the operating name for the consolidated operations of Western AgCredit, ACA; Western AgCredit, PCA; and Western AgCredit, FLCA.

The Board of Directors are elected by the stockholders for the purpose of representing the best interest of the stockholders and the organization. Eight of the members for the Board of Directors are elected by the stockholders. Two of the Board members are elected by the eight Board members elected by the stockholders. The two Board members are referred to as "outside directors." Under Federal Regulations, outside directors are precluded from any involvement in business activities with the Association.

Customers direct the business by electing the Board of Directors who set policy.

The Western AgCredit election process includes a regional nominating process that ensures sound representation from throughout our 9-office area. Stockholders from throughout the association vote for all open positions since directors represent the interests of all stockholders.

Meet our Board:

Leadership positions within the Board are generally determined on an annual basis. The Board of Directors of Western AgCredit held an executive session to restructure the Board on July 15, 2008. Wayne Smith was re-elected as Chairman with Alarik Myrin re-elected as Vice-Chairman.

Board of Directors

Wayne Smith, Chairman Cedar City, Utah

Alarik Myrin, Vice-Chairman Altamont, Utah

Daniel Anderson, Member Oak City, Utah

Neil Capener, Member Riverside, Utah

LaDell Eyre, Outside Director Cedar City, Utah

Kim Haws, Member Newton, Utah

Shirelle Heninger, Outside Director Salt Lake City, Utah

Robert Johnson, Member Randolph, Utah

Richard Nielson, Member Ephraim, Utah

Gayle Wood, Member Parowan, Utah

Board Committees:

The Board of Directors has formed three Committees: Audit, Compensation and Corporate, which are comprised of three board members each. The purpose of these Committees is to assist the full Board in fulfilling its fiduciary and oversight responsibilities in the following areas:

• Audit - financial reporting process, systems of internal control, audit process, and the Association's process for monitoring compliance with the laws, regulations, policies, the standards of conduct, and public responsibilities.
• Compensation - monitoring the compensation packages of the Association's senior officers and to assist in the evaluation of compensation programs that impact all employees.
• Corporate - corporate structure, mergers, and other areas that may arise.

Click here to view copies of the Audit, Compensation and Corporate Committee Charters.