false 0001069533 0001069533 2023-01-23 2023-01-23

 

 

 

 

 

 

 

 

 

 

 

Registrant’s telephone number, including area code: 540-777-4427

 

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

 

 

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 if the Securities Exchange Act of 1934.

 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

On January 23, 2023, the Company approved the following leadership changes effective February 1, 2023:

 

1) C. Brooke Miles was appointed Vice President, Human Resources, Assistant Treasurer and Assistant Secretary of RGC Resources, Inc. ("Resources"). Mrs. Miles has been a member of the Company's management team since 2015. Mrs. Miles is not a named executive officer.

2) Lawrence T. Oliver, the current Vice President and Secretary of Resources was appointed as Senior Vice President, Regulatory and External Affairs, and Secretary of Resources. Mr. Oliver's compensation remains unchanged at this time.

3) After 38 years of service to Resources and Roanoke Gas Company, Robert L. Wells, II is stepping down from his role of Vice President and Chief Information Officer, Assistant Secretary and Assistant Treasurer of Resources.

 

 

On January 23, 2023, the Company held its Annual Meeting of Shareholders to elect four directors, to ratify the selection of independent auditors, to authorize an additional 200,000 Common Shares of the Company for issuance under the Restricted Stock Plan for Outside Directors, to hold a non-binding shareholder advisory vote on named executive compensation and a non-binding shareholder advisory vote on the frequency for voting on the non-binding executive compensation advisory vote.  The voting results are provided below.

 

Shareholders elected the nominees for Class B directors as listed below to serve a three-year term expiring at the Annual Meeting of Shareholders to be held in 2026:

 

 

T. Joe Crawford, Maryellen Goodlatte and Paul W. Nester continue to serve as Class C directors until the Annual Meeting of Shareholders to be held in 2024. Abney S. Boxley, III, Elizabeth A. McClanahan and John B. Williamson, III continue to serve as Class A directors until the Annual Meeting of Shareholders to be held in 2025.

 

Shareholders approved the selection by the Audit Committee of the Board of Directors of the firm Brown Edwards & Company, L.L.P. as independent auditors for the fiscal year ending September 30, 2023, by the following vote:

 

 

Shareholders approved an additional 200,000 Common Shares of the Company for issuance under the Restricted Stock Plan for Outside Directors as indicated below:

 

 

Shareholders approved executive compensation through a non-binding advisory vote as indicated below:

 

 

Shareholders advisory vote on the recommended frequency of the non-binding vote on executive compensation is indicated below:

 

 

 

 

The Company issued a press release on January 23, 2023, announcing, among other things, the election of four Directors at its annual meeting of shareholders held on January 23, 2023 and the appointment of external auditors for the current fiscal year. At the meeting of the Board of Directors following the annual meeting of shareholders, the Board of Directors elected John B. Williamson, III as Chairman of the Board of Resources and Paul W. Nester as President and CEO of Resources.

 

The Board of Directors also elected the following senior officers of Resources: Jason A. Field, Vice President, CFO and Treasurer; Lawrence T. Oliver, Senior Vice President, Regulatory and External Affairs and Secretary; and C. Brooke Miles, Vice President, Human Resources.  In addition, the Board of Directors elected the following senior officers of Roanoke Gas Company: Paul W. Nester, President and CEO; Jason A. Field, Vice President, CFO and Treasurer; Lawrence T. Oliver, Senior Vice President, Regulatory and External Affairs and Secretary; Carl J. Shockley, Jr., Vice President and Chief Operating Officer; and C. Brooke Miles, Vice President, Human Resources.

 

A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information disclosed under this Item, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Act of 1934, nor shall they by deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference to such filing.

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.