February 6, 2017
Contact: John S. D'Orazio
President and CEO
ANNUAL SHAREHOLDER MEETING
Resources, Inc. (NASDAQ: RGCO) announces election of Directors
at its shareholders meeting held on February 6, 2017. Shareholders
approved the election of Nancy Howell Agee, President and
CEO, Carilion Clinic, J. Allen Layman, Private Investor,
and Raymond D. Smoot, Jr., Senior Fellow, Virginia Tech
Foundation, Inc. for three-year terms. Shareholders also
ratified the appointment of Brown Edwards and Company L.L.P.
as auditors for fiscal 2017 and approved the RGC Resources,
Inc. Restricted Stock Plan.
At a meeting of the Board of Directors, following the annual
shareholders meeting, John B. Williamson, III was elected
Chairman of the Board and John S. D'Orazio was elected President
and CEO of RGC Resources, Inc. The following senior officers
were also elected: Paul W. Nester, Vice President, Secretary,
Treasurer and CFO, Robert L. Wells, II, Vice President,
Information Technology, and Carl J. Shockley, Vice President
of Operations, Roanoke Gas Company.
RGC Resources, Inc. provides energy and related products
and services to approximately 60,000 customers in Virginia
through its operating subsidiaries including Roanoke Gas
Company and RGC Midstream, LLC.
From time to time, the Company may publish forward-looking
statements relating to such matters as anticipated financial
performance, business prospects, technological developments,
new products, research and development activities and similar
matters. The Private Securities Litigation Reform Act of
1995 provides a safe harbor for forward-looking statements.
In order to comply with the terms of the safe harbor, the
Company notes that a variety of factors could cause the
Company's actual results and experience to differ materially
from the anticipated results or other expectations expressed
in the Company's forward-looking statements.
RGC Resources, Inc. stock is traded on the Nasdaq National
Market with the trading symbol RGCO.