Organizational Leadership
NAIC is run by a trust that is governed by a Board of Trustees. This trust appoints a board of directors for the organization. Members of the Board of Trustees also serve on the Board of Directors. In 2007, this organizational structure was revised and the trust was eliminated. The Board of Directors hires the CEO and approves all management promotions. NAIC/BetterInvesting is served by a group of 1,500 volunteers in approximately 90 chapters across the US. The volunteers in the chapters are the principal instructors of the NAIC/BetterInvesting philosophy. The volunteers are represented by another board, the National Investors Association Advisory Board. This board reports to the Board of Directors of the organization. The NIA Board is currently chaired by Larry Reno. It was recently announced that the NIA Board would be dissolved and replaced with a Better Investing Volunteer Advisory Board. This new board, initially consisting of eight directors, eight associate directors and 15 national volunteers, will be active in the fall of 2007; however, it is scheduled to meet during the National Convention in June '07.
Read more about this topic: National Association Of Investors Corporation
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