Central 1 announces results from 2024 Annual General Meeting
23 Abril 2024 - 10:00AM
Central 1 Credit Union (“Central 1”) is pleased to announce the
resolution set out in the 2024 Annual General Meeting & Meeting
Information Notice dated March 22, 2024, for the 2024 Annual
General Meeting held on April 16, 2024 (the ''Meeting''),
has been approved by its members.
Class A members passed by ordinary resolution
the appointment of KPMG as auditors to hold office until the
conclusion of the next Annual General Meeting of Central 1 at a
remuneration to be set by Central 1’s Board of Directors. All but
one Class A Member voting on the resolution voted in favour. Voting
closed on April 19, 2024 at which time 32 Class A Members had cast
their vote.
Central 1 Board of Directors
On April 2, 2024, Central 1 announced the following candidates
for its Board of Directors were declared elected or re-elected, all
for three-year terms: Barry Delaney (re-elected for a second term)
and Brian Harris (elected for a first term) both for the BC Region,
and Shawn Good (elected for a first term), and John Klassen
(re-elected for a second term) for the Ontario Region. The Board
also approved the re-appointment of Penny-Lynn McPherson, an
unaffiliated director, for a three-year term.
At the close of the 2024 Annual General Meeting, Central 1’s
Board of Directors is composed of the following directors:
| Carolyn Burke |
Penny-Lynn McPherson |
| Paul Challinor |
Sunny Sodhi |
| Barry Delaney |
Christie Stephenson |
| Connie Denesiuk |
Art Van Pelt |
| Shawn Good |
Tom Vandeloo |
| Brian Harris |
Russell Voutour |
| John Klassen |
Cheryl Wallace |
| Shelley McDade |
|
At the Board’s reorganization meeting on April 16, 2024, Shelley
McDade and Carolyn Burke were re-elected as Board Chair and
Vice-Chair respectively, each for a second term of one year.
About Central 1
Central 1 cooperatively empowers credit unions and other
financial institutions who deliver banking choice to Canadians.
With assets of $11.2 billion as of December 31, 2023, Central 1
provides critical services at scale to enable a thriving credit
union system. We do this by collaborating with our clients,
developing strategies, products, and services to support the
financial well-being of their more than 5 million diverse customers
in communities across Canada. For more information, visit
www.central1.com.
Contacts:
MediaAmanda LeNeveInterim Head of
Communications & MarketingT: 1-800-661-6813E:
communications@central1.com
Corporate Secretary OfficeWendy
KennishCorporate SecretaryT: 604-730-6306 E:
corporatesecretary@central1.com
InvestorsBrent ClodeChief Investment OfficerT
905-282-8588 or 1-800-661-6813 ext 8588E bclode@central1.com