Auto Club: Members Vote Overwhelmingly to Approve Change to Appointed Board.Business Editors/Travel Writers LOS ANGELES--(BUSINESS WIRE)--Nov. 4, 2003 Members of the Automobile Club of Southern California The Automobile Club of Southern California was founded December 13, 1900 in Los Angeles as one of the nation's first motor clubs dedicated to improving roads, proposing traffic laws and improvement of overall driving conditions. have voted overwhelmingly to change from an elected to an appointed board of directors. The change, which took effect Oct. 31, eliminates board elections and associated mailings to members, which in recent years have cost the Auto Club millions of dollars annually. The change was approved by over 82% of the more than one million members who voted. More members voted to approve the change in the bylaws The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management. Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an than voted in any of the recent board elections. "We believe the overwhelming support by members is reflective of their trust and confidence in the Auto Club and their belief that contested elections are an unnecessary expense and distraction Distraction Divination (See OMEN.) Porlock a “person from Porlock” interrupted Coleridge while he was recollecting the dream on which he based “Kubla Khan”. [Br. Lit.: Poems of Coleridge in Magill IV, 756] ," said Thomas V. McKernan, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The Auto Club has built member trust over 103 years and nothing in this relationship will change." |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion