Federated Co-operatives Ltd. kicked off its 96th annual general meeting yesterday. The co-op’s 2024 sales were $11.9 billion, resulting in net earnings of $297 million. As a result, FCL provided $252 million back to local Co-ops in 650 communities across Western Canada.
The meeting also marked the end of Sharon Alford’s (pictured) term as president and chair of FCL’s board of directors. A successor will be elected during the meeting and announced following its conclusion.
