2022 Green Bay Packers Annual Meeting of Shareholders
The Green Bay Packers presented four candidates for shareholder vote at July's Annual Meeting (July 25, 2022) to join the Packers Board of Directors: Kate Burgess, Michael Daniels, Mark Rourke and Kurt Voss. The four candidates were approved by vote of the organization's Board of Directors at its May 11 quarterly meeting.
Burgess is the CEO/Owner at Elevate97, a Green Bay-based branding and design business. Daniels is the President/CEO at Nicolet National Bank, which he co-founded in 2000. Rourke is the CEO and president of Schneider National, Inc., a premier provider of transportation, logistics and intermodal services. Voss is the owner and CEO of AmeriLux International, a distributor of materials used for building and construction.
The shareholders meeting also saw three members take on emeritus status: Rick Chernick (originally elected in 1998), Larry McCarren (2015) and Eric Torkelson (2019).
"We appreciate the contributions of each director during their time on the Board," Murphy said. "Rico has been a great asset during his 24-year tenure (and we've especially appreciated his unique sense of humor). Both Larry and Eric have provided valuable insight as former players and members of our community. Fortunately, Larry will continue his fine work as an employee of the organization."
2021 Green Bay Packers Stock Sale
The Green Bay Packers' sixth stock sale, which ended Feb. 25, 2022, was an outstanding success, with the organization adding 176,160 new shareholders.
While exact totals are not yet available, more than 198,000 shares were sold at $300 each during the offering that began on Nov. 16. Including previous offerings, the organization now has more than 537,000 shareholders.
Approximately $65.8 million was raised during the offering, with net proceeds going toward ongoing construction projects at Lambeau Field, including new video boards and concourse upgrades.
"We were very pleased with the enthusiastic response from our fans during the recent stock offering," said Packers President/CEO Mark Murphy. "We are proud to welcome a new generation of shareholders from across the country and Canada. Their support is a critical component of our ability to continue enhancing the fan experience and investing in Lambeau Field. Maintaining our stadium as a top-tier facility that serves as a year-round destination contributes to the sustained success of both the franchise and our community."
New shareholders joining the ranks include fans in Wisconsin, who account for approximately 17 percent of the shares purchased in the recently completed offering. Next in order were fans in California (8 percent), Texas (5 percent), Illinois (5 percent), Florida (4 percent) and New York (3 percent). In Canada, Packers fans purchased approximately 3,500 shares.
If you are a current shareholder and have questions regarding your past stock purchase, need to update your account information, or have any other questions, please call shareholder services at 855-8GO-PACK or 855-846-7225. Or, email at shareholderservices@packers.com . Information is also online at packersowner.com .
Miscellaneous Information
The Green Bay Packers work with Broadridge Corporate Issuer Solutions, Inc. ("Broadridge") to provide recordkeeping services for the shares of our stock. Together with Broadridge we manage all stock certificate requests for shareholders, including changes of address, replacement of lost and stolen certificates, and transfer of shares. More information about your ownership can be found online at packersowner.com .
Please note that Green Bay Packers common stock is not available for purchase outside of an offering period. The Packers' last stock sale was offered through February 29, 2012. Future offerings are not currently being considered.
History
Green Bay Packers Inc., has been a publicly owned, nonprofit corporation since Aug. 18, 1923, when original articles of incorporation were filed with Wisconsin's secretary of state.
One of the more remarkable business stories in American history, the Green Bay Packers organization has been kept viable by its shareholders — its unselfish fans. Even more incredible, the Packers have survived and thrived during the current era, permeated by free agency and the NFL salary cap.
The Packers' first five stock sales in their history took place in 1923, 1935, 1950, 1997 and 2011. The 2011 sale, with shares priced at $250, added more than 250,000 new shareholders and raised $67.4 million toward a new entrance tower and viewing platform in the north end zone and an expansion that added roughly 6,600 seats to the south end zone. That project was completed in 2013. The 1997 sale, with shares priced at $200, added 105,989 new shareholders and raised more than $24 million, which was used for the Lambeau Field redevelopment project completed in 2003.
The corporation is governed by a board of directors and a seven-member executive committee.
Shareholders do not receive any dividend on the investment.
Gear Up
Find exclusive Shareholder merchandise created just for Shareholders at the Packers Pro Shop website. Go to packersproshop.com and click on the shareholder tab to sign on using your stock account information. There you will find a vast assortment of specialized items created just for Packers shareholders!