Executive Committee

Purpose: The Executive Committee, empowered by and accountable to the Board of Directors, exists to ensure the organization achieves reasonable progress on the stated Results for members and to ensure operations are compliant within the stated Operational Expectations policies and consistent with IAVM bylaws.

Charge:

• Conduct the annual summative evaluation of the CEO consistent with policy BCD-5;
• Determine CEO contract terms and compensation adjustments;  
• Conduct monitoring of all Operational Expectations and Results policies;
• Present an annual report of IAVM achievement on Results, compliance with OE policies, and the report on Financial Administration consistent with OE-5 to the Board of Directors at Venue Connect;
• Serve as a sounding board to the CEO, at the discretion of the CEO, in organizational matters;
• Engage in strategic two-way dialog between the Executive Committee, the Board of Directors, the CEO, and the members to promote the organization and to build understanding and support.

Membership: 

• Chair of the Board
• First Vice-Chair of the Board
• Second-Vice Chair of the Board
• Immediate Past Chair of the Board
• Board member
• Board member

Reporting schedule:  twice per year in conference calls, mid-year in a Board retreat in Dallas, and annually at VenueConnect

Term: one year with renewal and appointment at VenueConnect

Authority over resources:  reasonable staff and logistical support