Kootznoowoo, Inc. announces that Matthew A. Kookesh has resigned from his position on the Board of Directors. Mr. Kookesh informed the Board on July 3, 2021, via email of his intent to step down. In 2020, he was re-elected to the Board after having previously served four terms on the Board including from 2005-10 as Chair.
Mr. Kookesh’s term was set to expire in 2023. According to the Kootznoowoo Bylaw 3.6, “A vacancy occurring in the Board of Directors may be filled by the vote of a majority of the remaining directors.” The Board met on Thursday, July 8, at a special board meeting and formally accepted Mr. Kookesh’s resignation.
“We understand that board service is a huge commitment and sometimes things can change in one’s life that impacts their ability to serve,” said Board Chair Melissa M. Kookesh. “We wish Director Kookesh all the best and we are very thankful for his service to the Corporation this past year.”
During the special board meeting, the Board also discussed how to fill Director Kookesh’s vacant board seat. After discussion, they unanimously agreed to offer the vacant seat to Albert Howard who received the third highest vote count at the 48th Annual Meeting of Shareholders on May 28, 2021, with 21,236 votes.
“I am pleased to share that Albert has accepted the appointment to fill Director Kookesh’s seat,” said Chairwoman Kookesh. “We welcome him aboard and feel confident that he shares in the Board’s dedication to building a strong foundation of businesses for Kootznoowoo that will increase opportunities and benefits for both today and tomorrow’s shareholders.”
Director Howard will immediately begin serving the remaining two years of Director Kookesh’s term.