Title
Resolution - Approval of the Appointment of Audit Committee and Audit Committee Chairperson
Other Info
Submitted By: Don Ballard
Department: General Counsel
Financial Impact and Cost/Benefit Considerations: Expenditure of Cooperative funds estimated in the amount of $0; expenditures of staff time estimated in amount of 0 hours (other than ordinary processing requirements).
Discussion
The Cooperative's Board Committee Guidelines provide that each standing committee of the Board has a chairperson who is appointed annually by the Board President and approved by the Board. Those appointments take place at the first Regular or Special Board Meeting following the Cooperative's Annual Meeting.
On July 15, 2013, the Board voted to dissolve all standing committees except the Audit Committee. The Board may now consider appointment of the Audit Committee and the Audit Committee Chairperson.
The 2022-2023 Audit Committee members were:
• Emily Pataki, Chairperson
• James Oakley, Committee Member
• Amy Akers, Committee Member
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS that Directors ______________ and ______________ are hereby appointed and affirmed as members of the Audit Committee, effective as of June 16, 2023.
BE IT RESOLVED BY THE BOARD OF DIRECTORS that Director ______________ is hereby appointed and affirmed as the Chairperson of the Audit Committee, effective as of June 16, 2023.