Corporate Board Profile
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Filing Date | Source Excerpt |
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2017-03-17 | Steven R. Rasmussen, CPA Age 44 Director since 2011 ...Mr. Rasmussen has been Chief Executive Officer and General Manager for Adams Electric Cooperative, Inc.... The Audit Committee is composed of the following independent Directors appointed by the Board: Steven R. Rasmussen, CPA, Chairperson; Robert P. Newcomer; and Ernest J. Waters. ... The Nomination and Corporate Governance Committee is composed of the following independent Directors appointed by the Board: Michael W. Gang, Esq., Chairperson; Jody L. Keller, SPHR; and Steven R. Rasmussen, CPA. ... Director Compensation Steven R. Rasmussen, CPA Fees Paid in Cash: $37,920 Stock Awards: $3,311 Total: $41,231 ... |
2018-03-23 | Steven R. Rasmussen, CPA Age 45 Director since 2011 Mr. Rasmussen has been Chief Executive Officer and General Manager for Adams Electric Cooperative, Inc., an electric distribution cooperative in south-central Pennsylvania, since 2006. The Audit Committee is composed of the following independent Directors appointed by the Board: Steven R. Rasmussen, CPA, Chairperson; Erin C. McGlaughlin; Robert P. Newcomer; and Ernest J. Waters. The Nomination and Corporate Governance Committee is composed of the following independent Directors appointed by the Board: James H. Cawley, Esq., Chairperson effective January 29, 2018; Erin C. McGlaughlin; and Steven R. Rasmussen, CPA. Director Compensation table shows Steven R. Rasmussen, CPA received $31,020 in cash fees and $3,306 in stock awards totaling $34,326. |
2019-03-22 | Steven R. Rasmussen, CPA Age 46 Director since 2011 ... The Audit Committee is composed of the following independent Directors appointed by the Board: Steven R. Rasmussen, CPA, Chairperson; Erin C. McGlaughlin; Robert P. Newcomer; and Ernest J. Waters. ... The Nomination and Corporate Governance Committee is composed of the following independent Directors appointed by the Board: James H. Cawley, Esq., Chairperson; Erin C. McGlaughlin; and Steven R. Rasmussen, CPA. ... Director Compensation ... Steven R. Rasmussen, CPA Fees Paid in Cash $31,050, Stock Awards $4,938, Total $35,988. |
2020-03-20 | The Audit Committee is composed of the following independent Directors appointed by the Board: Steven R. Rasmussen, CPA, Chairperson; Erin C. McGlaughlin; Robert P. Newcomer; and Ernest J. Waters. The Nomination and Corporate Governance Committee is composed of the following independent Directors appointed by the Board: Ernest J. Waters, Chairperson; James H. Cawley, Esq., Vice Chairperson; George Hay Kain III; and Steven R. Rasmussen, CPA. |
2021-03-19 | Steven R. Rasmussen, CPA Age 48 Director since 2011 Mr. Rasmussen has been Chief Executive Officer and General Manager for Adams Electric Cooperative, Inc. The Audit Committee is composed of the following independent Directors appointed by the Board: Steven R. Rasmussen, CPA, Chairperson; Erin C. McGlaughlin; Robert P. Newcomer; and Ernest J. Waters. The Nomination and Corporate Governance Committee is composed of the following independent Directors appointed by the Board: Ernest J. Waters, Chairperson; George Hay Kain III; and Steven R. Rasmussen, CPA. Director Fees Paid in Cash. Directors who are not regular full-time employees are entitled to receive a retainer of $18,000 per year, payable quarterly. On September 18, 2020, the non-employee Directors were issued stock awards in the amount of 30% of the annual retainer, or $5,421. |
2022-03-18 | Mr. Rasmussen has been Chief Executive Officer and General Manager for Adams Electric Cooperative, Inc., ... The Audit Committee is composed of the following independent Directors appointed by the Board: Steven R. Rasmussen, CPA, Chairperson; ... The Nomination and Corporate Governance Committee is composed of the following independent Directors appointed by the Board: ... Steven R. Rasmussen, CPA. ... Director Compensation: Steven R. Rasmussen, CPA: $39,280 total. |
2023-03-17 | Mr. Rasmussen has been Chief Executive Officer and General Manager for Adams Electric Cooperative, Inc., an electric distribution cooperative in south-central Pennsylvania, since 2006. |
2024-03-22 | Steven R. Rasmussen, CPA Age 51 Director since 2011 Mr. Rasmussen has been Chief Executive Officer and General Manager for Adams Electric Cooperative, Inc., an electric distribution cooperative in south-central Pennsylvania, since 2006. Mr. Rasmussen served as Accounting and Member Services Manager with the same organization from 1999 to 2006. Prior to joining Adams Electric, Mr. Rasmussen served in various other capacities including college faculty and auditor for various accounting firms. Mr. Rasmussen serves on the boards and executive committees of the Adams Utility Services Company, a wholly-owned subsidiary of Adams Electric, and Mid-Atlantic Cooperative Solutions, Inc. which does business as Aero Energy in New Oxford, PA (both private companies). He also serves and has served on the boards and committees of numerous community, non-profit and professional organizations as a way of giving back to the communities where he works and lives. In addition to his utility experience and board experience, Mr. Rasmussen is a certified public accountant, and a leader in the communities of some of the Company’s recently added water and wastewater systems. The Board views Mr. Rasmussen’s utility experience, his financial and educational background, and his knowledge and visibility in the Adams County area as beneficial to the Company’s Board of Directors. |
2025-03-21 | Mr. Rasmussen has been Chief Executive Officer and General Manager for Adams Electric Cooperative, Inc. |
Data sourced from SEC filings. Last updated: 2025-10-12