2024 Annual Meeting Notice

The Annual Meeting of the Logix Federal Credit Union will be held on Thursday, April 25, 2024, at 5:00 PM PDT at the Credit Union’s main office, 27918 Franklin Parkway, Valencia, California 91355.

2024 Annual Meeting

You may email questions before or during the meeting to [email protected].

Below are links to Logix's 2024 meeting agenda and 2023 Audited Financial Statements:

At this meeting, reports will be given by Chairman R.J. Cooper; Treasurer A.G. Van Schaick; and Supervisory Committee Chairperson M. Needham. Election results for the Board of Directors will also be announced.

A list of Members who have been nominated by the Nominating Committee as candidates for the Board of Directors is included; a brief statement of biographical data for each nominee is also included. All candidates have indicated their willingness to serve in the office for which they have been nominated.

In accordance with the Bylaws of the Credit Union, nominations for vacancies may also be made by petition and signed by no less than 500 Members. Petition forms may be obtained by calling or writing to the main Credit Union office, P.O. Box 4070, Castaic, California 91310-4070. There will be no nominations from the floor.

Each nominee by petition shall submit a statement of qualifications and biographical data with the petition, together with a signed certificate stating they are agreeable to nomination and will serve if elected to office. Petitions must be received by the secretary of the Credit Union, in care of LFCU, P.O. Box 4070, Castaic, California 91310-4070, with a postmark no later than Friday, March 15, 2024.

Ballots will be mailed or e-mailed to all Members eligible to vote at least 30 days prior to the Annual Meeting, provided sufficient nominations have been made by the Nominating Committee or by petition to provide more than one nominee for any position to be filled. All elections will be determined by plurality vote and shall be by mail or electronic ballot except where there is only one nominee for each position. In this event, the election will not be conducted by ballot and there will be no nominations from the floor. The chair will declare each nominee’s election by acclamation or general consent at the Annual Meeting.

Nominating Committee Nominees

SUE HOERBER

Sue Hoerber became a Logix Supervisory Committee member in 2006. Over the years she has served as Secretary, Chairperson, and Member at Large. Sue currently sits on the Board's Finance and Governance committees as an Associate Board Member.

Sue worked for the William S. Hart Union High School District in Santa Clarita for 27 years. From 2006 until her retirement in 2013 she served as Chief Financial Officer. It was her responsibility to plan, organize and administer the business and fiscal services, operations, and activities of the District. She provided leadership for a positive financial management control operation, assisted the Superintendent in formulating and recommending policies governing the operation and control of the Business Department. In addition, she supervised the preparation and submission of all necessary financial reports to provide funding to the District from appropriate federal, state, county, and local government agencies.

In her prior positions of Director of Fiscal Services, Assistant Director of Business and Fiscal Services and Supervisor of Accounting, Sue coordinated preparation of the annual budget for the District, prepared timely financial reports, and selected, trained, directed and evaluated subordinate staff.

Sue earned her bachelor’s degree in Accounting from San Diego State University.

Sue lives in Castaic and enjoys crafting projects of all kinds. She and her husband each have a son and a daughter, and six grandchildren combined.

ZACH SHERMAN

Zach Sherman is the Director of Government Relations at Lockheed Martin (LM). In this capacity he leads business area Government Relations by designing strategic political and advocacy initiatives to promote favorable policy, regulatory, and procurement landscapes at federal, state, and local levels to drive business objectives. Mr. Sherman covers key LM geographical areas that include California, Texas, Florida, Arkansas, Alabama, and Kentucky.

Prior to this role, Zach led strategy development and execution across the European continent within Aeronautics, covering keep, sold and new strategic pursuits across Skunkworks, F-35, F-16, and C-130J systems. In 2020, Mr. Sherman was awarded with the business development capture award for the successful Poland F-35 LOA signing of 32 aircraft.

A Lockheed Martin employee of 23 years, he previously was the Manager of Strategic Development in Washington DC Operations. In this capacity, Mr. Sherman engaged and informed domestic and international think tanks on global security programs to shape policies and elevate the national debate regarding the aerospace industry. In addition to managing the national security and foreign policy think tank portfolio, Zach served as the technical assistant to the Chairman & CEO of Lockheed Martin. In 2012, he was named to the `Top 99 future leaders in Foreign Policy’ list by the Diplomatic Courier and was also selected Foreign Policy Initiative's Leaders Program.

Zach joined the Logix family as a Supervisory Committee member in 2012, holding positions of Secretary and Chairman for several terms. He currently sits on the Board's Finance, Enterprise Risk, and Governance committees.

Mr. Sherman holds a bachelor’s degree in Aerospace & Ocean Engineering and Mathematics from Virginia Tech; and a Master of Business Administration degree from the University of North Carolina at Chapel Hill. Zach also has completed executive course programs at the Defense Acquisition University and Wharton School at University of Pennsylvania.

Mr. Sherman is an Associate Fellow of the American Institute of Aeronautics and Astronautics. He also serves as a member of the Executive Committee and Board of Directors for the Orlando Economic Partnership and the Texas Association of Manufacturers, respectively.

DAVID WHITE

David White is a Partner and Managing Director in the Investigations, Disputes and Risk practice group at AlixPartners LLC, a global management consulting firm headquartered in New York City. In this role he routinely provides expert and advisory consulting services to litigants in areas involving digital assets, financial crime, cyber security and regulatory compliance issues. He has been a consultant with AlixPartners since 2012. Prior to this he was a partner and practicing commercial litigator at a large global law firm. He also previously worked assisting the US Department of Justice investigate and prosecute financial crimes and assess the misappropriation of bank funds as a member of their New England Bank Fraud Task Force.

Over the past 25 years has provided consultancy and expert witness services to numerous government agencies, Fortune 100 corporations and their attorneys. Notable recent engagements for Mr White have included serving as an expert witness and providing forensic and investigative support relating to the reconstruction of historic cryptocurrency assets holdings and movements for the FTX bankruptcy estate and related investigations and assisting in the forensic reconstruction of books and records of the Bernard L. Madoff Investment Securities LLC (BLMIS) bankruptcy recovery efforts where his firm served as Claims Agent to the Trustee.

Mr. White joined the LFCU family as a Supervisory Committee member in 2016 where he served as Secretary for several terms. He currently sits on the Board’s Management Development & Compensation and Enterprise Risk Management committees as an Associate Board Member.

Mr. White holds a Juris Doctorate (JD) from Vermont Law School and a Master of Laws (LL.M.) from the University of London and earned a BA in Philosophy from Salve Regina University. He is a registered attorney in good standing in both Massachusetts since 2001 and California since 2010 and is also a registered patent attorney with the US Patent and Trademark Office.

He routinely publishes and presents at professional conferences around the globe on the topics relating to digital evidence, computer forensics and cryptocurrency forensics. For example, he recently presented on the topic of asset recovery in global fraud cases at the Korea University Law School in Seoul. He also recently lead a training seminar on cryptocurrency forensics for the US Federal Bureau of Investigation which was attended by more than 500 FBI Special Agents and Analysts.

He is a long-time member of the High Technology Crime Investigation Association (HTCIA), and the American Society of Digital Forensics & eDiscovery (ASDFED) and also an Infrastructure Liaison Officer in the U.S. FBI InfraGard program, and member of to their Cyber Finance Working Group (CFWG), and Blockchain Cross Sector Council (CSCB). Mr. White also served in the US Navy as a Hospital Corpsman where he was cross-assigned to the Marine Corp as a field medic.