What a director needs to know about equity management and what they need to know about their loan documents.  

Learning Objectives:

• What is equity?
• Why equity is important?
• How a cooperative's financial decisions impact equity?
• Understanding the requirements contained within the cooperative's loan documents.

Whether your co-op has a new CEO, or a seasoned one, the practice of building the board-CEO relationship is critical. With more than a third of current electric cooperative CEOs eligible to retire within 5 years, many boards are in the process of building a working relationship with a new CEO. This course will discuss the importance of first establishing clear goals and expectations with the CEO that align with the cooperative’s mission. Directors will explore why regular feedback is critical to the CEO’s success. Learn how to approach these conversations constructively - speaking with one voice. Directors will be equipped to foster a healthy, productive board-CEO relationship grounded in regular and constructive feedback, mutual respect, trust, and aligned expectations.​

Key Topics

• Importance of providing clear, actionable, and regular feedback to the electric co-op CEO.
• Strategies for overcoming barriers to providing feedback to the CEO.
• Aligning CEO performance expectations with cooperative goals and strategic priorities.
• Arriving at consensus on feedback to be provided to the CEO given disparate director views in a simulated situation.
• Techniques for building trust between the board and CEO through delivery of feedback in a respectful and constructive way in simulated boardroom scenarios.

1000 Virginia Center Pkwy, Glen Allen, VA 23059

Deadline for event rates is October 8, 2026