Leadership Structure
The SOA is headed by a board of directors consisting of a president, president-elect, six vice presidents (one of which serves as the secretary/treasurer) and eighteen other board members. In addition, the two most recent past presidents are members of the board.
The board positions are filled by election. A member of the society is eligible to vote in board elections if they have the title of FSA, or if they have held the title of ASA for at least 5 years, and only FSAs can be elected to the board. (See the Membership section below for information on the professional titles granted by the society.) Regular board members are elected for terms of three years, and vice presidents are elected for terms of two years. The president-elect is elected for a term of one year, after which he or she becomes the president for a term of one year.
The employees of the SOA are headed by the executive director, a salaried position appointed by the board of directors.
Read more about this topic: Society Of Actuaries
Famous quotes containing the words leadership and/or structure:
“Nature, we are starting to realize, is every bit as important as nurture. Genetic influences, brain chemistry, and neurological development contribute strongly to who we are as children and what we become as adults. For example, tendencies to excessive worrying or timidity, leadership qualities, risk taking, obedience to authority, all appear to have a constitutional aspect.”
—Stanley Turecki (20th century)
“... the structure of our public morality crashed to earth. Above its grave a tombstone read, “Be tolerant—even of evil.” Logically the next step would be to say to our commonwealth’s criminals, “I disagree that it’s all right to rob and murder, but naturally I respect your opinion.” Tolerance is only complacence when it makes no distinction between right and wrong.”
—Sarah Patton Boyle, U.S. civil rights activist and author. The Desegregated Heart, part 2, ch. 2 (1962)