June 18th Meeting Highlights

  • The General Manager transition will happen within the month; the Board attended the Passing the Torch ceremony on Sunday, June 22nd, where we bid farewell to Linda Johnson and welcomed Stacey Brown as Wheatsfield’s new CEO.
  • Wheatsfield will march in the July 4th parade in downtown Ames then serve lunch at the co-op after the parade.
  • The Board reviewed the finalized version of the lease renewal, extending the co-op’s lease another five years starting in July 2025, with three additional five-year options beyond 2030.
  • The General Manager reported excellent May 2025 sales, up +5.46% from May 2024. More customers were in the store this May than any preceding May in past years.
  • The Board discussed official commitment statements to the CEO specifying how we plan to support the new CEO in the transition.
  • The Board reviewed the final numbers on the business insurance renewal coverage which is set to be effective on July 1.
  • The engagement letter for the financial review that will take place in August for the 6/30/25 year end financials was presented for the Board’s information.