Chairman's Message

As we head toward 2008 and our 70th anniversary year, REI has never been in better shape. Business is strong, our financials are sound, our employee team is highly regarded, and we continue to lead as a business citizen.

Such success allows us to meet your annual patronage refund expectation while setting aside record dollars for giving that supports conservation, recreation and engaging young people in outdoor activities and stewardship.

The board is dedicated to working in support of your interests. In 2006, our President and several REI leaders held two gatherings with a representative sample of members in Denver, Colorado and Atlanta, Georgia. I had the pleasure of attending the Atlanta event in November, which offered insightful conversation about the co-op, membership, our products and services, the quality of our team and the importance of the outreach and stewardship we do in our communities. The experience confirmed my enthusiasm for the co-op’s positive direction and gave me a renewed appreciation for the trust you place in the board. This event is just one of a number of things that the co-op is doing to listen, understand and support the needs of our large and varied membership.

Two board members who have worked diligently on your behalf over the years are departing the board this spring because of recently adopted twelve year term limits. Our longest serving director, Bill Britt, is stepping down after 24 years of service. Angel Rodriquez, who joined the board in 1993, also will be leaving at the completion of his current term. Both Bill and Angel have been long-term and passionate contributors, as well as wonderful, thoughtful colleagues. Both will be deeply missed and the co-op owes them a debt of gratitude for their service.

We’ve enjoyed a remarkable year and I want to thank you for your patronage and participation in the co-op. We look forward to doing even more to help get you outside in the year ahead.

Doug Walker
Chairman