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| 8-K - LIVE FILING - Federal Home Loan Bank of Cincinnati | htm_46473.htm |
NewsLine
November 15, 2012
TO ALL MEMBERS:
2012 BOARD OF DIRECTORS ELECTION RESULTS
We are pleased to announce the results of the 2012 FHLBank of Cincinnati Board of Directors (Board) election of two Ohio Member Directors and two at-large Independent Directors. The Board ratified the election results at its November 15 meeting. All four directors will serve four-year terms commencing January 1, 2013.
MEMBER DIRECTOR ELECTION RESULTS
In Ohio, nine candidates ran in this election to fill two open seats. The two candidates receiving the highest number of votes and therefore elected to the Board are incumbent director J. Lynn Greenstein and Thomas L. Moore. The election results are provided below.
Number of members voting: 217 |
Total eligible votes per candidate: 2,922,302 |
Actual votes cast: 2,021,300 |
J. Lynn Greenstein
President and Chief Executive Officer
Nationwide Bank, Columbus
Total votes received: 895,939
Thomas L. Moore
Chairman, President and Chief Executive Officer
First Federal Bank of Ohio, Galion
Total votes received: 836,192
Robert T. Lameier
President, Chief Executive Officer and Director
Miami Savings Bank, Miamitown
Total votes received: 516,293
Shon B. Myers
Chairman, President and Chief Executive Officer
Farmers & Merchants Bank, Miamisburg
Total votes received: 399,458
James R. Powell
Chairman and Chief Executive Officer
Liberty Savings Bank, FSB, Wilmington
Total votes received: 249,035
H. Stewart Fitz Gibbon III
President, Chief Operating Officer, Chief Risk Officer, Director, Secretary and Treasurer
Wayne Savings Community Bank, Wooster
Total votes received: 216,239
J. William Stapleton
Director, President and Chief Executive Officer
Home City Federal Savings Bank, Springfield
Total votes received: 212,452
Barry Parmiter
President, Chief Executive Officer and Director
Community Savings Bank, Caldwell
Total votes received: 192,552
Mark A. Klein
President and Chief Executive Officer
The State Bank and Trust Company, Defiance
Total votes received: 103,629
INDEPENDENT DIRECTOR ELECTION RESULTS
In the at-large election of two Independent directors, incumbent directors Leslie D. Dunn and
Alvin J. Nance were re-elected to the Board. Ms. Dunn is elected as an Independent Director, and
Mr. Nance is elected as a Public Interest Independent Director. As required by Federal Housing
Finance Agency regulations, both individuals received more than the minimum 20 percent of the
number of votes eligible to be cast and both possess the experience and knowledge required of
Independent Directors.
Ms. Dunn is a retired partner from the Cleveland, Ohio, law firm Jones Day. Mr. Nance is Executive Director and CEO of Knoxville’s Community Development Corp., Knoxville, Tenn.
Number of members voting: 415 |
Total eligible votes per candidate: 5,247,300 |
Actual votes cast: 3,071,625 |
Leslie D. Dunn
Shaker Heights, Ohio
Total votes received: 2,412,215
Percent of votes eligible to be cast: 45.97%
Alvin J. Nance
Knoxville, Tennessee
Total votes received: 2,343,437
Percent of votes eligible to be cast: 44.66%
On behalf of the Board and staff, I would like to thank our members for participating in the director election and would also like to congratulate our newly elected and returning Directors.
Andrew S. Howell
President and CEO