Results of vote on bonus (PBI) motion 9/18/09
From John Curry, September 18, 2009
Subject: *****STRS Bonus motion****NEWS FLASH
In a telephone conversation with Kathie Bracy today from the STRS Boardroom I can relate this information.
A motion to pay the 3+ million dollars bonuses to the STRS investment staff PASSED at today's board meeting.
A long executive session preceded the board vote.
The motion to pay the bonuses was made by OEA endorsed active teacher board member Tim Myers.
The second to Tim's motion to pay the bonuses was made by OEA active teacher board member Carol Correthers.
2 board members voted against this motion...they were:
Craig Brooks and Jim McGreevy
ALL the other board members present voted FOR the payment of the bonuses.
More information will follow. Stay tuned to the Columbus Dispatch for media coverage at http://www.dispatch.com/live/content/index.html
OEA endorsed active teacher board member Hayden was not present so didn't vote.
More information to be forthcoming from CORE members who attended the meeting. You can keep up-to-date with additional info by clicking on Kathie Bracy's website at this link:
Please share this email with all active and retired stakeholders of STRS.
John
Subject: *****STRS Bonus motion****NEWS FLASH
In a telephone conversation with Kathie Bracy today from the STRS Boardroom I can relate this information.
A motion to pay the 3+ million dollars bonuses to the STRS investment staff PASSED at today's board meeting.
A long executive session preceded the board vote.
The motion to pay the bonuses was made by OEA endorsed active teacher board member Tim Myers.
The second to Tim's motion to pay the bonuses was made by OEA active teacher board member Carol Correthers.
2 board members voted against this motion...they were:
Craig Brooks and Jim McGreevy
ALL the other board members present voted FOR the payment of the bonuses.
More information will follow. Stay tuned to the Columbus Dispatch for media coverage at http://www.dispatch.com/live/content/index.html
OEA endorsed active teacher board member Hayden was not present so didn't vote.
More information to be forthcoming from CORE members who attended the meeting. You can keep up-to-date with additional info by clicking on Kathie Bracy's website at this link:
Please share this email with all active and retired stakeholders of STRS.
John
posted by Kathie Bracy at 4:11 PM
<< Home