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Conference 7.286::dcu

Title:DCU
Notice:1996 BoD Election results in 1004
Moderator:CPEEDY::BRADLEY
Created:Sat Feb 07 1987
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1041
Total number of notes:18759

419.0. "DCU POSTING: 1992 SPECIAL ELECTION CANDIDATES" by STAR::CANTOR (Have pun, will babble.) Mon Jan 20 1992 11:24

                    DIGITAL EMPLOYEES' FEDERAL CREDIT UNION
     1992 SPECIAL ELECTION CANDIDATES SELECTED BY THE NOMINATING COMMITTEE
        
        The following is a letter that was sent to all DCU voting 
        members on January 13, 1992.
        
        Dear DCU Member:
        
        On January 7th and January 11th, DCU's Nominating Committee 
        interviewed forty-two (42) applicants for the 1992 Special 
        Election.  We were impressed with the amount of interest in 
        this year's election, and found the decision to be very 
        challenging.  
        
        Below is a list of candidates we have chosen to appear on the 
        1992 Special Election ballot.  We believe their education and 
        experience qualifies each of them to serve as a member of your 
        Board of Directors.
        
        
        DCU Board of Directors 1992 Special Election Candidates
        Deepak Goyal
        Gail Mann
        Tom McEachin
        Paul Milbury
        Claire Muhm
        Rick Sample
        Ray Schmalz
        Susan Shapiro (incumbent)
        Abbott Weiss (incumbent)
        
        
        In mid-March, you will receive an election package that will 
        include an official ballot, as well as position statements 
        from each candidate.  Because all board positions will be 
        open, you will be asked to vote for seven (7) candidates.  
        Results of the Special Election will be announced at our 
        Annual Meeting on April 23, 1992 (location to be announced).
        
        
        PETITION CANDIDATES
        Members who would like to appear on the ballot by petition may 
        obtain a petition package beginning January 16, 1992.  
        Petitions must be returned with five-hundred (500) voting 
        member signatures by February 19, 1992.  For petition 
        information, please call Patti D'Addieco, Election 
        Coordinator, at 508/493-6735 or DTN/223-6735, x239.
        
        
        Best regards,
        
        PHYLLIS LENGLE
        1992 Nominating Committee
        Chairperson
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419.1RESPONSE: 1992 CANDIDATE PETITION DRIVERGB::SEILERLarry SeilerMon Feb 03 1992 12:47116

                            More Choices?  REAL Choices!
                            ============================


                  Why the DCU Board Election Needs More Candidates
                  ------------------------------------------------

          Last November's Special Meeting result was a  clear  mandate  for
     change  in  the  DCU.  The Board agreed to abide by the vote demanding
     new elections for all Board positions, and that's good  for  the  DCU.
     The  majority of the current Board members chose not to run again.  We
     feel that that is also good for the DCU,  given  the  many  unanswered
     questions about their actions during the Mangone fraud, and especially
     given their actions since the fraud was discovered.

          But does this mean that there will really be changes in  the  way
     the  DCU  is  run?   The  results  of  the  nomination process suggest
     otherwise.  Out  of  43  candidates,  the  Board-appointed  Nominating
     Committee selected just 9 for 7 open positions -- and that's including
     2 incumbents!  So if you don't wish to  vote  for  an  incumbent,  the
     Nominating Committee has given you *NO* choice of whom to vote for.

          That's why we're here.  We want to see  more  candidates  on  the
     ballot  --  so that the members have a real choice about the future of
     the DCU.  Please sign the nomination petition for any  candidate  that
     you feel deserves a chance to be on the ballot.


                             Our Vision for the DCU
                             ----------------------

          We would like the DCU to be run as a cooperative, which is  owned
     by  the  membership,  managed by paid professionals, and overseen by a
     Board of Directors who  hold  themselves  accountable  to  the  entire
     membership for the quality and integrity of their stewardship.

          To achieve this end, the Board needs to be representative of  the
     membership  as  a  whole.   Some  board  members should have financial
     backgrounds, but most need not.  The Board does  not  run  the  credit
     union  --  they exist to keep asking the question:  "is current policy
     the best thing for ALL the members, and if not, how can we change it?"


                  What Went Wrong with the Nominating Process?
                  --------------------------------------------

          What would you think of an  election  where  the  current  office
     holders  select the people who decide who can run as their challengers
     or replacements?

          That's the situation at the DCU.  And the  result  this  year  is
     just  9  officially  approved candidates who for the most part seem to
     come from the same organizations and background as the current Board.


                                                                   Page 2


          When asked why so few candidates were placed on the  ballot,  the
     Nominating  Committee chair stated that they "chose the most qualified
     individuals" according to their criteria.  One of  the  25  candidates
     they  passed over has worked as a bank examiner and another was put on
     the ballot by 2 previous nominating committees.  We feel that the  job
     of that committee is to weed out unqualified candidates, not to decide
     who is "most qualified" to be on the Board.  That's the voters' job.

          The following is a brief summary of the problems in  the  process
     and results of this year's official nominations process.

      o  Only 9 candidates were nominated for 7 open  positions.   This  is
         especially ludicrous since two are incumbents.  Only those willing
         to consider voting for an incumbent have any choice at all.

      o  Many of the 9 approved candidates have very similar backgrounds --
         7   of  them  work  at  just  two  sites.   The  Board  should  be
         representative of the membership as a  whole,  but  the  nominated
         candidates clearly are not.

      o  President Cockburn was  on  the  Nominating  Committee.   The  DCU
         Election Guidelines prohibit any DCU employee from any involvement
         in the election, except for voting.   Should  he  be  involved  in
         selecting  the  group  that  oversees  his  own  actions?   Didn't
         ex-president Mangone's fraud teach us anything?

      o  None of the non-incumbent nominees have ever  run  for  the  Board
         before,  although  at  least one of the 25 rejected candidates has
         run and come close to unseating an  incumbent.   Why  wasn't  that
         candidate good enough this year?

      o  The Nominating Committee members are themselves  exclusively  from
         financial  and personnel backgrounds, which may explain their bias
         toward nominees with management and financial backgrounds.


          Was this Nominating Committee committed  to  selecting  potential
     BoD  members  who will represent a cross-section of the DCU membership
     and who will be committed to improving the  relationship  between  DCU
     and  its membership?  The answer is no -- these areas were not even on
     their list of criteria.  You can make a difference by signing petition
     forms and voting your conscience in the upcoming election.


                 Petition Candidates for the Board of Directors
                 ----------------------------------------------

          The following are the petition candidates whom we know about:

           Charles J. Boutcher     Phil Gransewicz         Paul Kinzelman
           Tanya Dawkins           Abhijit Gupta           Rich Luciano
           Chris Gillett           Gim Hom                 Alfred Thompson

        [Permission is granted to distribute this statement to any Digital 
        employee or DCU member.  For further information about the petition
        candidates, contact Bill Kilgore, wldbil::kilgore, dtn 227-4319.]