2012 AGM Recap

General Updates

Dec 5, 2012

ACFO’s 23^rd AGM was held on Wednesday, Nov. 28^th 2012 at the Ottawa Convention Center following FMI PD Week sessions.

It was attended by over 80 FIs, one of the largest turn-outs in the Association’s history.

At the AGM, ACFO President Milt Isaacs outlined the Association’s 2013 budget and strategic direction, and delivered a presentation providing historical perspectives regarding the Association’s membership, revenues, expenses, and caseloads.

Lead Directors provided updates on ACFO’s major initiatives, including the status of collective bargaining negotiations, workforce adjustments, the pay equity filing, the Departmental Rep program, and professional development.

Presentations were also delivered from ACFO’s Executive Director Dan Larose regarding recent developments in the Association’s operations, and Director of Labour Relations Scott Chamberlain regarding ACFO’s labour relations activities and trends.

Directors and staff also addressed questions on a range of issues from FIs in attendance.

Results of the AGM elections and resolutions were announced as well, as follows:

Elections

President:

Milt Isaacs bcclaimed

Resolutions:

All 5 resolutions were passed with a large majority.

#	Resolution	For	Against	Spoiled	Result
1	Approval of the minutes for the Twenty-Second Annual General Meeting held on November 23, 2011.	392	6	4	Approved
2	Approval of the 2011 audited Financial Statements.	376	7	5	Approved
3	Approval of the 2013 Budget.	347	24	4	Approved
4	Appointment of Ouseley Hanvey Clipsham Deep Chartered Accountants to audit ACFO’s 2012 Financial Statements.	355	14	3	Approved
5	Adoption of the proposed amendment to By-law 6.3 to allow a Board member to complete their term of office and provide for organizational continuity in the event that an ACFO bargaining unit is decertified.	338	19	5	Approved

In total, 390 members voted online and 12 in-person at the AGM.

To ensure a transparent and independent process, ACFO uses third-party contractors to administer and audit its voting process.

The Association congratulates Milt Isaacs on his re-election as ACFO President for a third term, and thanks all FIs who attended the AGM and participated in the voting process.

For any questions in relation to this matter, please contact ACFO Executive Vice President and Nominating Committee Chairperson Karen Hall at 1-877-728-0695 or email khall@acfo-acaf.com.

Article Date: 2012-12-05T00:00:00