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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

845.0. "MEET WITH THE BOD -- Tuesday, 28-Jun, MK01" by WLDBIL::KILGORE (DCU 3Gs -- fired but not forgotten) Thu Jun 23 1994 09:08

    
    [Posted with the author's permission]
    
    
From:	US2RMC::"[email protected]" 23-JUN-1994 02:40:36.23
To:	wldbil::kilgore
CC:	
Subj:	June Board Meeting @ MKO1


June Board Meeting @ MKO1

Hi everybody,

Just thought I'd drop you all a note and let you know that the DCU Board of
Directors is meeting at MKO1 from 2:30-5:00 next Tuesday, June 28.  The meeting
is in the Merrimack Conference Room (MKO1-2/H24).  The Board meeting will not
be open to members but we are ending at 5pm in order to meet with members from
5-6pm.

I'm not sure if any of this has been publicized within the company.  This
would be a very good opportunity to meet your Board members and get any
questions you have answered.

Hope to see you all there,
Phil


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T.RTitleUserPersonal
Name
DateLines
845.1WLDBIL::KILGOREDCU 3Gs -- fired but not forgottenWed Jun 29 1994 11:064
    
    Did anybody go? Did anybody know about this event other than through
    this note?
    
845.2I wentSTAR::BUDAI am the NRAWed Jun 29 1994 12:1726
RE: Note 845.1 by WLDBIL::KILGORE

>    Did anybody go? Did anybody know about this event other than through
>    this note?

I was the only non-DCU person there, other than BOD.

Talked to multiple people.  One thing that become apparent was that I
knew more about the financials then most of the BOD...  They kept having
to have another DCU VP answer questions.

The feeling I get, is that the train is going down the track and the BOD
is leaving the job of looking ahead to DCU management.

I did talk to a person from DCU about how the 20.2% annualized savings
increase was computed...

This is done as of January 1.  This makes the numbers look good.  I
mentioned they SHOULD be mentioning the same number as compared to 1
year ago to put it into perspective.

There is no doubt in my mind that only the good numbers are given and
the 'bad' numbers tend to be not mentioned...

	- mark    

845.3CSC32::S_BROOKThere and back to see how far it isWed Jun 29 1994 12:539
    Mark,
    
    Which BoD members attended ?
    
    Do you think the BoD members kept referring to the VPs for answers
    because they didn't know the answers, or because they wanted to
    ensure the correct spin was put on the answers ?
    
    Stuart
845.4STAR::BUDAI am the NRAWed Jun 29 1994 16:1015
RE: Note 845.3 by CSC32::S_BROOK

>    Which BoD members attended ?

Present: 		   Phil, Gail, Tom,
Not present (or I forgot): Paul K., Paul M., Tanya (not 100% sure, she might
				have been there...)
    
>    Do you think the BoD members kept referring to the VPs for answers
>    because they didn't know the answers, or because they wanted to
>    ensure the correct spin was put on the answers ?

When asked, they did not know.

	- mark