2023 Green Bay Packers Annual Meeting of Shareholders
The Green Bay Packers will present four candidates for shareholder vote at July's Annual Meeting to join the Packers Board of Directors: LeRoy Butler, Laurie Radke, Sachin Shivaram and Christopher Stiles.
The candidate information will be included in proxy information being sent in June to more than 539,000 shareholders in advance of the Annual Meeting, set for Monday, July 24, at 11 a.m. in Lambeau Field. The four candidates were presented to the organization's Board of Directors at its meeting this week.
Butler is a Pro Football Hall of Famer and a former Green Bay Packers safety, as well as the originator of the famed Lambeau Leap tradition. Radke is the president and CEO of the Greater Green Bay Chamber, leading economic and workforce development efforts. Shivaram is the CEO of Wisconsin Aluminum Foundry, a 115-year-old family-owned manufacturing company based in Manitowoc, Wis. Stiles is president, CEO and chair of Morley-Murphy Company, a 119-year-old holding company composed of operating businesses, real estate investments and a charitable foundation.
"We're excited to present these four nominees for a vote of our shareholders," said Packers President/CEO Mark Murphy. "LeRoy joins other alumni on the Board, who are particularly helpful with the unique perspective they bring. Each of these candidates has valuable experience which will be very helpful to our Board. We're excited to welcome them to the organization."
The shareholders meeting also will see four members take on emeritus status: Jerry Ganoni (originally elected in 2013), Gary Rotherham (1999), Bobbi Webster (2020) and Mike Weller (2007).
"We are grateful for the work each of these directors has contributed during their time on the Board," Murphy said. "They have all provided key insights from their wide variety of experiences in the community. We appreciate all they've done for the Packers."
Shareholders will be provided four Annual Meeting tickets for each shareholder account, including accounts that have a joint or custodial registration. Shareholders receiving meeting materials electronically will be able to access print-at-home tickets upon voting their shares. New shareholders are reminded to look for their materials to arrive in the mail or electronically mid-June, whichever method they selected upon purchasing their shares, and are asked to vote their shares promptly.
The Packers also are asking shareholders who have not received any communications from the organization in the last 12 months to contact Shareholder Services to update their address, including street and email addresses. Shareholder Services can be reached via telephone at 855-8GO-PACK (855-846-7225) or email at shareholderservices@packers.com. Information is also online at packersowner.com.
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!