LSTAR ANNUAL GENERAL REVIEW 2022
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STANDING COMMITTEES
EXECUTIVE
The mandate of the Executive Committee is to:
·
Recommend all Board of Director committees and task forces to the
Board of Directors for approval;
·
Evaluate the CEO and establish the CEO's compensation on an annual
basis (as required by CREA's Minimum Standards);
·
Represent the Association as appointed Voting Delegates at CREA and
OREA Conferences.
The Committee may also perform other such duties as required and as
requested by the Board of Directors.
Every year, the Executive Committee, in collaboration with the LSTAR Board
of Directors, is tasked with selecting one or more worthy individuals for the Lyn
Coupland Outstanding Service Award. This award recognizes those whose
service to the Association the Committee deems to be above and beyond the
call of duty to receive LSTAR's most prestigious honour. The Committee is asked
every year, but that does not mean it's obliged to select a recipient every year only if someone is judged to be truly
worthy of the honour.
The Executive Committee honoured two recipients in 2022 to receive the Lyn Coupland Outstanding Service Award. The
recipients were Bonita Hannon and Costa Poulopoulos.
FINANCE
The mandate of the Finance Committee is to develop and implement an annual
work plan to review, monitor, and provide guidance and/or recommendations to
the Board of Directors, related to the financial stewardship of LSTAR.
Responsibilities include:
·
Ensure the integrity of the corporation's financial affairs;
·
Develop and seek approval by the Board of Directors for financial policies;
·
Review and recommend the corporation's operating and capital budgets;
·
Review and recommend any capital plan for facilities and equipment;
·
Oversee the performance of the investment manager and investments;
·
Review and submit financial statements and reports to the Board of
Directors on a minimum quarterly basis; and
·
Review the investment policy and all investments by LSTAR.
The Finance Committee recommended and the Board of Directors approved
appointing Ford Keast as LSTAR auditor and accepting the 2021 LSTAR
Audited Financial Statement. LSTAR Members approved both motions at the
LSTAR Annual General Meeting (AGM) on June 28.
The committee recommended and the Directors approved that up to $50,000 be
allocated toward new Member Benefits and that LSTAR enter an agreement
with ReallyTrusted.
CHAIR
Adam Miller
MEMBERS
Kathy Amess
Jack Lane
Randy Pawlowski
Bill Madder
STAFF LIAISONS
Joanne Shannon
Chad Lovell
CHAIR
Mark Russell
MEMBERS
Blair Campbell
Troy Couwenberghs
Randy Pawlowski
Sandra Pineda
Warren Shantz
Richard Thyssen
Bill Madder
Ron Murdoch (Ford Keast)
STAFF LIAISONS
Csaba Hegedus
Joanne Shannon
Chad Lovell