Dane Sanders of Floydada represents District 4 on the PCCA Board of Directors (Photo Courtesy of PCCA)
LUBBOCK, TX – Today, at its 69th Annual Meeting, Lubbock-based Plains Cotton Cooperative Association announced further fiscal year-end cash distributions to its grower-owners totaling $19.48 million of $9.4 million in cash dividends and $10.08 million in stock retirements.
PCCA’s President and CEO, Kevin Brinkley, explained that PCCA has been on a journey for the past three years to transform the company into a marketing cooperative of the future. “We started in 2019 by completely overhauling our risk management policies (and) followed up that work with a top-to-bottom review of PCCA’s mission, vision, and strategies. I’m pleased to report rapid progress on several initiatives that were developed through that work.”
Brinkley admitted that although it takes time to implement the changes, the membership has been supportive of introducing new and better products and services for their grower-owners, customers, and other stakeholders.
Dane Sanders, a cotton grower from Floydada, represents Floyd County on the PCCA Board of Directors.
(SOURCE: Jayci Bishop, PCCA)
