Director meeting attendance
|Members of the Board as at December 31, 2022
||Board Meeting Attendance
||Committee Membership and Attendance|
|Audit & Risk||Governance & Ethics||Human Resources Policy & Compensation||Nominating|
|Crystal Laborero CHAIR||7/7||4/4||3/3|
|Anne Lindsey VICE CHAIR||7/7||4/4
|Marina James DIRECTOR||7/7||6/6||3/3
|Don Johal DIRECTOR||7/7||4/4||3/3|
|Jacqueline Keena DIRECTOR||7/7||3/3|
|Paul Lacap DIRECTOR||7/7||4/4||3/3
|Diane Lee Sousa DIRECTOR||7/7||6/6|
|James Magnus-Johnston DIRECTOR||7/7||3/3|
|Priti Mehta-Shah DIRECTOR||7/7||6/6|
|Alain Molgat DIRECTOR||7/7||6/6
Remuneration and Loans
Directors are paid an annual retainer and a per diem for attending Board and Committee meetings as well as other eligible meetings, as agreed to by the Board. In 2022, total remuneration to the Board of Directors was $254,000. ACU paid expenses on behalf of Directors amounting to $17,000.
As of December 31, 2022, outstanding loans to Directors totaled $1,025,000, of which nil was at government prescribed rates of interest. Director loans totaled 0.02% of our assets.
Every year, the Board approves a training and development program for the Board, individual Directors and Board Committees. In 2022 this included: mandatory Credit Union Director Achievement (CUDA) training; Credit Union Central of Manitoba Conference and Annual General Meeting; Credit Union Central of Manitoba Directors Forum; Canadian Credit Union Leaders Conference; and various training courses, luncheons and webinars. In 2022, $16,000 was spent on Board training and development.