19
May/June 2022
|
THE DAVEY BULLETIN
right-of-way, laboratories and greenhouses, a container
nursery, and multiple research plots and fields.
Covey said both expansion projects are rooted in the
company's commitment to investing in its employees.
"So much of what we're doing in the third wing and across
the street at the SEED Campus are about our need to
continue to invest in our people, our training and our
resources," he said. "All those buildings are part of the
equation to attract people to our company."
STOCK SUBSCRIPTION UPDATE
Paul also gave a brief update on the 2022 stock subscription,
which will occur in August.
"About every 10 years the company offers a stock
subscription, and the interesting thing is that there are
fewer than 2,000 employees who currently work at Davey
who were with the company during the last subscription
in 2012," he said. "We're kind of going through a fresh
education as to what a stock subscription actually is."
Subscription documents were mailed to employees in April.
Educational videos are available on the Davey Learning
Management System, and additional information has been
posted on DaveyConnect and shared in Employee Townhalls.
Paul said the company will continue to share educational
information about the subscription. Employees can email
questions about the stock subscription to the corporate
treasury team at treasury@davey.com.
Far left: Davey Chairman, President and CEO Pat Covey speaks
during the 2022 Annual Davey Shareholders' Meeting.
Above: Davey Executive Vice President and Chief Financial Officer
Joe Paul speaks during the shareholders' meeting. For the first
time since 2019, an in-person audience was permitted at the
meeting, held in Kent in May at the Davey Institute.
DAVEY BOARD MEMBERS RETIRE
Davey Chairman, President and CEO Pat Covey
announced the retirements of William J. Ginn
and Douglas K. Hall following 15 and 24 years
of service, respectively.
Bill Ginn
Ginn served on the board's nominating and
corporate governance, compensation and
audit committees, including serving as chair
of the compensation committee for the past
four years. Ginn is a business strategy
consultant. From 2014 through 2018, he served
as executive vice president of The Nature
Conservancy, an international non-profit
conservation organization.
Hall served on the board's nominating and
corporate governance, compensation and audit
committees, including serving as chair of the
audit committee for the past 17 years. Hall
retired in 2008 after serving as president and
CEO of MDA Federal, Inc., a provider of remote
sensing systems and data using GIS since 1999.
"They have committed to and helped the
company through many challenges and are
incredibly passionate about Davey and
employee ownership," Covey said. "I can't thank
them enough for their time, effort, commitment,
leadership, and mentorship. We wish you all
the best on your post-Davey careers."
Doug Hall
