---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-002959"
form_type: "8-K"
ticker: "RGCO"
cik: "0001069533"
company_name: "RGC RESOURCES INC"
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T09:43:41.204336+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# RGC Resources appoints Timothy Mulvaney CFO; Board elects Williamson Chairman, Nester President/CEO

## Summary
- Timothy J. Mulvaney appointed VP, CFO and Treasurer effective Feb 1, 2024; base salary $250,000, target bonus 60%.
- Mulvaney awarded 3,000 restricted shares at $19.18, vesting ratably over three years.
- Change in Control Agreement provides severance of 2x average annualized cash if terminated within 24 months post-change of control.
- Shareholders re-elected T. Joe Crawford, Maryellen F. Goodlatte, Paul W. Nester as directors; say-on-pay vote: 6,497,252 for.
- Board elected John B. Williamson III as Chairman and Paul W. Nester as President/CEO; other senior officers named for RGC Resources and Roanoke Gas.

## SEC filing metadata
- accession: 0001437749-24-002959
- form_type: 8-K
- ticker: RGCO
- cik: 0001069533
- company_name: RGC RESOURCES INC
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069533/000143774924002959/0001437749-24-002959-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069533/000143774924002959/rgco20240130c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-002959
- JSON: https://secwatch.observer/filing/0001437749-24-002959.json
- Plain text: https://secwatch.observer/filing/0001437749-24-002959.txt

## Key facts
- Executive change
  Timothy J. Mulvaney was appointed as Vice President, Treasurer and Chief Financial Officer at RGC RESOURCES INC.
  - Action: appointed
  - Role: Vice President, Treasurer and Chief Financial Officer
  source text: On January 29, 2024, RGC Resources, Inc. ("Resources" or the "Company") appointed Timothy J. Mulvaney, the current Interim Chief Financial Officer and Treasurer, as Vice President, Treasurer and Chief Financial Officer of Resources, effective February 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774924002959/0001437749-24-002959-index.htm
- Shareholder Votes
  RGC RESOURCES INC shareholders approved Election of three Class C directors at the 2024-01-29 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-01-29
  source text: Shareholders elected the nominees for Class C directors as listed below to serve a three-year term expiring at the Annual Meeting of Shareholders to be held in 2027: Director Shares For Shares Withheld T. Joe Crawford 6,212,707 478,955 Maryellen F. Goodlatte 5,565,774 1,125,888 Paul W. Nester 6,640,100 51,562
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774924002959/0001437749-24-002959-index.htm
- Shareholder Votes
  RGC RESOURCES INC shareholders approved Non-binding advisory vote on named executive compensation at the 2024-01-29 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2024-01-29
  source text: Shareholders approved executive compensation through a non-binding advisory vote as indicated below: Shares For Shares Against Shares Abstaining 6,497,252 147,072 47,338
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069533/000143774924002959/0001437749-24-002959-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.