Alabama Ag Credit holds an election annually for members of its Board of Directors and its Nominating Committee. The board is responsible for establishing policies, providing strategic direction, hiring the CEO, providing a plan of management succession, and overseeing management of all major association functions. The nominating committee is responsible for identifying and selecting qualified candidates for the expiring board of directors positions and for the nominating committee for the following year.
To be considered as a candidate in the 2024 elections, we request you submit your candidate profile below. This profile will assist the nominating committee in evaluating interested stockholders; however, the committee will be provided the list of all eligible stockholders for consideration as a candidate for a position on the board or the nominating committee in the 2024 elections.
Board of Director Elections
Stockholder-Elected Directors are elected on a staggered basis. In the 2024 elections, the following board positions will be up for election:
- Position 1 - Central Region 2 - Must reside in one of the following counties: Autauga, Bullock, Butler, Chambers, Coosa, Elmore, Lee, Lowndes, Macon, Montgomery, Russell, Tallapoosa
- Position 2 - Wiregrass Region 3 - Must reside in one of the following counties: Barbour, Coffee, Covington, Crenshaw, Dale, Geneva, Henry, Houston, Pike
In September 2023, the Board of Directors amended the association's by-laws to extend the terms of all future board positions from three to four years, beginning with the 2024 election. As FCA regulations require, the association must have at least one stockholder-elected board position stand for election each year. To properly stagger the positions in the future, one of the above positions must expire in 2027 and the other in 2028. The 2024 nominating committee shall determine which position's term will expire in 2027 and which shall expire in 2028.
Contact our Corporate Secretary by email or by telephone at 334-694-5559 with questions about eligibility, the election process, or if you prefer a mailed copy of the candidate profile form.
The nominating committee is a committee of the stockholders, comprised of four members, who are elected by the voting stockholders of Alabama Ag Credit to serve a one-year term. Nominating committee members identify, evaluate, and nominate at least two willing and qualified candidates for each open director position. The board of directors has engaged an independent outside consultant to assist the nominating committee with the nominating process. The nominating committee is not a committee of the board but is formed and controlled by the voting stockholders of the association. The nominating committee’s independence is critical to the success of the cooperative structure of the association because it ensures that representatives of the voting stockholders, not the current board members or the association’s management, choose the slate of director-candidates.
2024 Nominating Committee Members:
Region 1 West - Thomas Michael Cox
Region 2 Central - David C. Garrett
Region 3 Wiregrass - Monica T. Carroll
Region 4 Gulf Coast - William J. Martin, Jr.