Friday, January 16, 2009

Today's PBI "bonus" vote...who voted for what....

From John Curry, January 16, 2009
A little more info re. the vote at today's STRS Board meeting to suspend the bonuses for the investments staff...
1. Making the motion to suspend the bonuses beginning Feb. 1 was....Dennis Leone.
2. Seconding the above motion was....Tai Hayden.
3. Those Board members voting to support Dr. Leone's motion were: Regina Burch, Tai Hayden, Craig Brooks, Jeff Chapman, and Steve Puckett.
4. Those Board members voting against the suspending of the PBI investment bonuses were: Tim Myers, Mark Meuser, and Board Chair, Mary Ann Cervantes.
5. How did Conni Ramser vote on this issue....well, she abstained.
6. Also, included in the above, was the removal of 8 persons from the PBI (bonus) eligibility list including... the real estate attorney!
A more detailed report on the above vote will follow but...I think you should know whom to praise and whom not to praise for their votes on this issue today.
P.S. ....I wonder why Ms. Ramser abstained on this issue? Maybe you can ask her! I would encourage you to express your appreciation to the Board members mentioned in #3 above....the opposite for those who wanted to keep the bonuses(#4 above)... and Ms. Ramser, well....you be the judge!
John
Board members who voted to suspend the bonuses:
...Dennis Leone: dennisleone@roadrunner.com
...Craig Brooks: craig_brooks@sbcglobal.net
...Tai Hayden: haydent@strsoh.org
...Regina Burch: burchr@strsoh.org
...Jeff Chapman: twoteach@aol.com
Board members who voted against suspending the bonuses:
...Tim Myers: tmyers@bright.net
...Mark Meuser: mmeuser@hotmail.com
...Mary Ann Cervantes: cervantm@strsoh.org
Board member who abstained from voting:
...Conni Ramser: ramserc@strsoh.org
Larry KehresMount Union Collge
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