--- schema_version: "secwatch.filing_event.v1" accession: "0001437749-23-001792" form_type: "8-K" ticker: "RGCO" cik: "0001069533" company_name: "RGC RESOURCES INC" filed_at: "2023-01-25T23:59:59+00:00" generated_at: "2026-06-20T09:06:37.470945+00:00" event_type: "other" sentiment: "neutral" materiality_score: 0.35 calibrated_materiality_score: 0.35 confidence: "high" source: SEC EDGAR --- # RGC Resources elects new Chairman and CEO; Robert Wells retires after 38 years ## Summary - C. Brooke Miles appointed VP, Human Resources, Assistant Treasurer and Assistant Secretary. - Lawrence T. Oliver promoted to Senior VP, Regulatory and External Affairs, and Secretary. - Robert L. Wells II stepping down from VP and CIO role after 38 years of service. - Shareholders re-elected four Class B directors; auditors Brown Edwards ratified for FY2023. - John B. Williamson III elected Chairman; Paul W. Nester elected President and CEO of Resources. ## SEC filing metadata - accession: 0001437749-23-001792 - form_type: 8-K - ticker: RGCO - cik: 0001069533 - company_name: RGC RESOURCES INC - filed_at: 2023-01-25T23:59:59+00:00 - event_type: other - sentiment: neutral - materiality_score: 0.35 - calibrated_materiality_score: 0.35 - confidence: high - sec_items: 5.02, 5.07, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/0001437749-23-001792-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/rgco20230122_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001437749-23-001792 - JSON: https://secwatch.observer/filing/0001437749-23-001792.json - Plain text: https://secwatch.observer/filing/0001437749-23-001792.txt ## Key facts - Executive change Lawrence T. Oliver changed role as Senior Vice President, Regulatory and External Affairs, and Secretary at RGC RESOURCES INC. - Action: promoted - Role: Senior Vice President, Regulatory and External Affairs, and Secretary source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/0001437749-23-001792-index.htm - Executive change Robert L. Wells, II departed as Vice President and Chief Information Officer, Assistant Secretary and Assistant Treasurer at RGC RESOURCES INC. - Action: stepping down - Role: Vice President and Chief Information Officer, Assistant Secretary and Assistant Treasurer source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/0001437749-23-001792-index.htm - Executive change C. Brooke Miles was appointed as Vice President, Human Resources, Assistant Treasurer and Assistant Secretary at RGC RESOURCES INC. - Action: appointed - Role: Vice President, Human Resources, Assistant Treasurer and Assistant Secretary source text: C. Brooke Miles was appointed Vice President, Human Resources, Assistant Treasurer and Assistant Secretary of RGC Resources, Inc. ("Resources"). evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/0001437749-23-001792-index.htm - Shareholder Votes RGC RESOURCES INC shareholders voted on Non-binding shareholder advisory vote on the frequency of the non-binding executive compensation advisory vote at the 2023-01-23 meeting. - Proposal: say on pay frequency - Meeting: 2023-01-23 source text: Shareholders advisory vote on the recommended frequency of the non-binding vote on executive compensation is indicated below: Shares For 1 Year 2 Years 3 Years Shares Abstaining 5,666,462 30,881 253,726 106,147 evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/0001437749-23-001792-index.htm - Shareholder Votes RGC RESOURCES INC shareholders approved Non-binding shareholder advisory vote on named executive compensation at the 2023-01-23 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-01-23 source text: Shareholders approved executive compensation through a non-binding advisory vote as indicated below: Shares For Shares Against Shares Abstaining Broker Non Votes 5,905,714 88,366 63,136 1,584,731 evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/0001437749-23-001792-index.htm - Shareholder Votes RGC RESOURCES INC shareholders approved Approval of an additional 200,000 Common Shares for issuance under the Restricted Stock Plan for Outside Directors at the 2023-01-23 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-01-23 source text: Shareholders approved an additional 200,000 Common Shares of the Company for issuance under the Restricted Stock Plan for Outside Directors as indicated below: Shares For Shares Against Shares Abstaining Broker Non Votes 5,832,249 173,500 51,467 1,584,731 evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/0001437749-23-001792-index.htm - Shareholder Votes RGC RESOURCES INC shareholders approved Ratification of selection of Brown Edwards & Company, L.L.P. as independent auditors for the fiscal year ending September 30, 2023 at the 2023-01-23 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-01-23 source text: 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: Shares For Shares Against Shares Abstaining 7,512,378 98,470 31,099 evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/0001437749-23-001792-index.htm - Shareholder Votes RGC RESOURCES INC shareholders approved Election of four Class B directors to serve a three-year term expiring at the Annual Meeting of Shareholders to be held in 2026 at the 2023-01-23 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-01-23 source text: 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: Director Shares For Shares Withheld Broker Non Votes Nancy Howell Agee 5,921,148 136,068 1,584,731 Jacqueline L. Archer 6,003,965 53,251 1,584,731 Robert B. Johnston 3,846,573 2,210,643 1,584,731 J. Allen Layman 5,857,605 199,611 1,584,731 evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774923001792/0001437749-23-001792-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.