Summarized Board Meeting Minutes Philadelphia, PA USA – January 2010
The Board ratified the ad hoc elections of the 2010 Board Officers as follows: the 2010 PMI Board of Directors, namely, Frederick A. Arnold (2005-2010), Eugene (Gene) Bounds (2007-2012), Yanping Chen (2005-2010), Shirley Edwards (2010-2012), Jane Farley (2009-2011), Deanna Landers 2009-2011), Louis J. Mercken (2009-2011), Jon Mihalic (2009-2011), Peter Monkhouse (2009-2011), William Moylan (2008-2010), Beth Partleton (2008-2010), Frank Parth (2010-2012), Vijay Prasad (2010-2012), Kathleen Romero (2005-2010) and Ricardo Triana (2010-2012) ratify the October 2009 ad hoc elections of the 2010 Board Officers as follows: Eugene (Gene) Bounds, Chair; Beth Partleton, Vice-Chair/SPPA Chair; and Peter Monkhouse, Secretary-Treasurer/POC Chair.
The Board ratified authority for the Asian Corporate Services (SEA) to act as corporate secretarial agenda as follows: That In the Matter of Project Management Institute, Inc. (“PMI”) 2008 Singapore Branch Registration Reporting relating to incoming and departing directors: The PMI Board of Directors has resolved that authority is given to Asian Corporate Services (SEA) Pte. Ltd., being the corporate secretarial agent of the PMI Singapore Branch, to electronically file (“e-file”) with the Accounting and Corporate Regulatory Authority (ACRA) the election of Eugene (Gene) Bounds for a second term of serving commencing on January 1, 2010 and expiring on December 31, 2012; Shirley Edwards, Frank Parth, Vijay Prasad and Ricardo Triana for a first term of service commencing on January 1, 2010 and expiring on December 31, 2012; and completion of service from January 1, 2007 until December 31, 2009 for Mark Owen Mathieson; Bruce J. Rodrigues; Ricardo Vargas; and Linda Vella.
Revised Balanced Scorecard Objectives (Tab 2) The PMI Board of Directors approved the revised Balanced Scorecard (BSC) Objectives, in principle, and directs the PMI President and CEO to use them to develop revised BSC Measures, Targets and Ranges with concurrence from the PMI Board Performance Oversight Committee. The PMI Board of Directors approved the revisions to Rule 6.1., PMI Board/Member Communication Process as presented in the January 2010 Board binder. (Secretary’s Note: The CEO took an action to add to the Level 3 PMI Board/Member Communication Process Policy and Procedure that the communication log for operational communications will be posted every other week to the Board Online Community.)
The PMI Board of Directors approved the Consent Calendar for Approval that contained the following items:
- December 2009 Board Meeting Minutes;
- 2010 PMI Board Standing Committee Appointments;
- 2010 CIAC Charter.
The PMI Board of Directors waived the Rule of the Board 8.0.4 d) in order to approve the newly submitted 2010 Candidate Task Team Charter and the revised 2010 Governance Committee Charter.
The PMI Board of Directors approved the 2010 Candidate Task Team Charter as presented with the following members: Louis Mercken (Lead), Yanping Chen, Bill Moylan, Kathleen Romero, Linda Vella, Iain Fraser.
The PMI Board of Directors approved the revised 2010 Governance Committee Charter with the following additional one-time deliverable: Oversee the work of the 2010 Candidate Task Team and present final candidates to the Board.
PMP 2010 Secretary-Treasurer