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Subj: Proposed Change to BOT Composition Refer to: Central Region Letter 10-05; April 26,
2005 **** The “Read Ahead” has just been issued to the Board of Trustees (BOT) prior to next week’s BOT meeting (May 6). In it the Governance Committee is proposing a potential change to the current composition of the BOT for discussion next week, and a vote in December. I would like the views of Central Region alumni prior to the May 6 meeting to help me determine how best to proceed. I will summarize the proposal below.
In December 1998 the BOT approved the comprehensive report and recommendations of a 14 person Governance Study Group to implement a new BOT composition. All At-Large Trustees were eliminated from the new BOT, and the new structure was implemented over several years—being fully implemented by May 2003. The new structure had 29 Trustees, made up of: Chair; Vice Chair; immediate past Chair; President/CEO; 4 Regional Trustees (new); 12 Chapter Trustees; 7 Class Trustees (new); and 2 Board selected Trustees (new, but optional to implement).
As of the December 2004 BOT meeting the Chair and Governance Committee Chair reported that no change need be made to the composition of the BOT. Subsequently, over the last few months, a “strawman” to change the BOT composition was raised by the Chair to the Governance Committee. The stated objective was to balance Class and Chapter Trustees, reduce the BOT size, and increase Alumni voting participation. The Governance Committee is mixed in its views on the “strawman”. In fact, an ad hoc group of the Governance Committee tasked to study the “strawman” recommended against it and recommended no change be made to the BOT composition for three years. The Governance Committee proposal in the Read Ahead said it “accepts it as a solid basis for continuing discussion and recommends that it be given broad distribution among alumni groups.”
The “strawman” proposal before the BOT now would reduce the BOT (by 4) to 25 Trustees by: a.) Eliminating all 4 Regional Trustees, 4 of 12 Chapter Trustees, 2 Board selected Trustees, and the immediate past Chair; and, b.) Adding 6 “elected At-Large” Trustees and 1 Class Trustee. The Chair, Vice Chair, and President/CEO would remain unchanged.
As I indicated at the start of this Central Region Newsletter, I would like the views of Central Region alumni prior to the May 6 meeting to help me determine how best to proceed. Please email me, but do not hit “reply” to this email as I will not receive it. Rather email me at: len.wass@1964.usna.com or wcginc@aol.com
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*** Central Region: |