Richmond News

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Date ArticleType
7/21/2016 Press Release
Richmond Chamber of Commerce Members Approve Changes to Organization's By-Laws


RICHMOND BC - At a Special General Meeting held July 19, 2016 at the Sheraton Vancouver Airport Hotel, members of the Richmond Chamber of Commerce voted unanimously to accept changes to the organization’s By-Laws.
 
Edits to the By-Laws were made over the course of six months by a Governance Task Force, led by Chamber Director, Brian Corcoran. This is the first change to these By-Laws since 2009. Significant changes include democratizing voting rights, allowing for one vote for each member, rather than providing more votes for larger organizations; permitting more flexibility to the composition of the Board of Directors (based on a minimum of eight members); changes to the fiscal year of the Chamber, moving it in line with the calendar year; and, a restructuring of the Board nominations process, to allow for nominations outside of the proposed slate in advance of any Annual General Meeting (rather than nominations from the floor).

Members of the Chamber were given 31 days’ notice of the Special General Meeting and presented with the proposed By-Laws in advance.

Rob Akimow, Chair of the Richmond Chamber of Commerce praised the work of Corcoran and Governance Task Force, saying “this full review of the Chamber’s by-laws was a daunting task to say the least, and the work that Brian and this committee have done is invaluable. I am proud to say that these By-Laws reflect the modern and forward-looking Chamber that we have become.”

After receiving the approving vote from the membership, the revised By-Laws were submitted to Innovation, Science and Economic Development Canada for approval as required under the Board of Trade Act. Members will be notified directly when the By-Laws are approved and implemented.