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06.29.12

Director Election Results

On June 12, 2012, the results of the Director Election were tabulated, and three incumbent Directors were re-elected to represent their Regions for another 3-year term.

Richard V. Nielson, the current Board Chairman, was re-elected to represent Region 3. Nielson raises cattle in Ephraim, UT. Ted Andrew, a dairy farmer from Trenton, UT, will continue to represent Region 1. Wayne A. Smith raises cattle and hay, he is from Cedar City, UT. He will continue to represent Region 4.

The Western AgCredit Board of Directors consists of eight Member Directors nominated and voted on by stockholders. There are also two Outside Directors appointed by the Member Directors. Every three years, the Member Director positions come up for election and are voted on by the shareholders.

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