Board of Trustees
 
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James A. Gardner - President, Gardner Associates, an investment and real estate firm, since 1989; Owner and Developer of Vandevert Ranch, Sunriver, Oregon since 1989, Founding Partner, Chairman Emeritus and previously Chairman (1991-2010), Ranch at the Canyons, Terrebonne, Oregon; President Emeritus and previously President (1981-89), Lewis and Clark College and Law School; director, Oregon High Desert Museum, 1989- 2003; active in civic, business and educational organizations in Oregon; writer on Native American and settlement history of Oregon.
Gary C. Cornia - Dean, Marriott School of Management, Brigham Young University, since 2008; Director, Romney Institute of Public Management, Marriott School of Management, 2004-2008; Professor, Marriott School of Management, 1980-present; Past President, National Tax Association; Fellow, Lincoln Institute of Land Policy, 2002-present; Associate Dean, Marriott School of Management, Brigham Young University, 1991-2000; member, Utah Governor's Tax Review Committee, 1993-2009. Other Directorships held by Trustee - Lincoln Institute of Land Policy, Cambridge, MA.
Diana P. Herrmann - Vice Chair and Chief Executive Officer of Aquila Management Corporation, Founder of the Aquila Group of Funds and parent of Aquila Investment Management LLC, Manager since 2004, President since 1997, Chief Operating Officer, 1997-2008, a Director since 1984, Secretary since 1986 and previously its Executive Vice President, Senior Vice President or Vice President, 1986-1997; Chief Executive Officer and Vice Chair since 2004, President and Manager since 2003, and Chief Operating Officer (2003-2008) of the Manager; Chair, Vice Chair, President,  Executive Vice President or Senior Vice President of funds in the Aquila Group of Funds since 1986; Director of the Distributor since 1997; Governor, Investment Company Institute (the trade organization for the U.S. mutual fund industry dedicated to protecting shareholder interests and educating the public about investing) for various periods since 2004, and head of its Small Funds Committee, 2004-2009; active in charitable and volunteer organizations.   Other Directorships held by Trustee – ICI Mutual Insurance Company, a Risk Retention Group (2006-2009 and since 2010).
Edmund P. Jensen - President and CEO, VISA International, 1994-1999; Vice Chairman and Chief Operating Officer, US Bancorp, 1974- 1994. Other Directorships held by the Trustee – Five Cubits, Inc. (formerly BMG-Seltec), a software company.
John W. Mitchell - Principal of M & H Economic Consultants; Economist, Western Region, for U. S. Bancorp 1998-2007; Chief Economist, U.S. Bancorp, Portland, Oregon, 1983-1998; member, Oregon Governor's Council of Economic Advisors, 1984-1998; Chairman, Oregon Governor's Technical Advisory Committee for Tax Review in 1998. Other Directorships held by the Trustee - Oregon Mutual Insurance; Western Capital Corporation.
Ralph R. Shaw - President, Shaw Management Company, an investment counseling firm, 1980-present; General Partner, Shaw Venture Partners, 1983-2005; Shaw Venture Partners II, 1987-2005; and Shaw Venture Partners III, 1994-2005. Other Directorships held by Trustee - Schnitzer Steel Industries, Inc., Telestream, Inc., Five Cubits (formerly BMG Seltec), Rentrak Corporation, One-to-One Interactive, Optimum Energy Co.
Nancy Wilgenbusch - President Emerita since 2008 and President 1984-2008, Marylhurst University; member, former Chair, Portland Branch of the Federal Reserve Bank of San Francisco; active board member of a number of civic organizations. Other Directorships held by Trustee - West Coast Bank; Cascade Corporation, a leading international manufacturer of lift truck attachments.

Click Here to see the Trust's Nominating Committee Charter which governs how Trustees are selected.

(In order to view the charter, you must have Adobe Acrobat Reader. To download this program, free of charge, please visit http://www.adobe.com/products/acrobat/readstep.html.)



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