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One of our
immediate goals is to legally incorporate the
Investor Suffrage Movement as a non-profit
organization. We need to write bylaws, prepare
filings and recruit a board. We are currently
seeking volunteers for a board nominating committee
and a bylaws committee.
The nominating committee will
identify and recruit initial board members from
various constituencies — social activists, labor,
the corporate governance movement, investor
relations professionals, the investment community,
etc. Accordingly, the nominating committee needs to
have a diverse membership that, in aggregate, has
relationships with each of these communities.
The bylaws committee will draft
bylaws and make necessary filings to incorporate the
movement as a non-profit. The bylaws will have to
handle the fact that the proxy exchange will go
through two phases:
1. formation, and
2. ongoing operation in perpetuity,
once the formation phase is complete.
Bylaws will be drafted for the first
phase with a provision that they will be amended to
suit the second phase, when the exchange becomes
fully operational.
Another challenge will be making the
exchange truly international, able to operate across
different legal (i.e. securities regulatory)
jurisdictions.
We
welcome qualified volunteers to serve on both
committees. If you can help, please
contact us to express interest. |