Board Elections

The Role Of A Director

The role of a credit union Director in today's environment is demanding and complex. Stakeholders (including regulators) require more from Directors than in the past, and consequently the Director's role is both rewarding and challenging.

Directors of Kawartha Credit Union are required to have a broad range of knowledge and depth of experience, and support the values and focus of the organization.

Results

From January 31 to February 14, an online election was conducted to elect four Directors: three for a three-year term and one for a two-year term. There was particular interest in qualified candidates with expertise in human resources, technology and cybersecurity risk, governance and ethics, executive leadership and financial, audit and compliance risk oversight. The election results were tabulated by BDO Canada LLP.

Please join our Board of Directors in congratulating incumbents Jeff Carter, Allison Chenier, Nancy Herr and Harvey Spry on their re-election.

We thank all candidates who expressed interest in joining Kawartha’s Board. Due to his relocation outside Ontario, Director Barry Galloway will resign from our Board effective March 31, 2022. We thank Barry for his service and for his dedication to Kawartha’s success.

Annual General Meeting

We will be hosting our 70th Annual General Meeting virtually on Wednesday March 30, 2022. The purpose of this meeting is to receive the Annual Reports of the Board of Directors, Management, Auditors, and the Governance and Audit Committees; to approve the financial statements; to appoint auditors; and to transact business as may properly come before the meeting. Financial statements and the Annual Report will be available on Kawartha’s website 10 days prior to the Annual General Meeting.

The meeting will begin at 7:00 p.m. with sign-in starting at 6:30 p.m. Members wishing to attend the virtual AGM are asked to call our Contact Centre at 1-855-670-0510 to register.