MANAGEMENT SUCCESSION POLICY
Originally Adopted by MVRMA
Board: June 18, 2007
Amended: June 16, 2008
PURPOSE
This policy has been established in
order that MVRMA will have a succession plan that identifies and develops
potential successors for mission-critical roles. The succession plan will
document critical processes to ensure MVRMA’s ongoing business operations.
POLICY STATEMENT
It is MVRMA’s policy to ensure that its
current leadership is meeting the needs of the Association and its members, and
that transition to new leadership is well-timed to enhance long-term member
confidence and value.
RESPONSIBILITIES
The MVRMA Board will oversee the
management succession process and will work with the Executive Director in its
development. The Executive Director will have succession plans in place for key
MVRMA positions and business processes.
The Board will:
1. Consider MVRMA’s strategic needs and
envision the challenges facing MVRMA’s Executive Director on continuous basis;
2. Identify
the qualities and skills needed to meet those strategic issues and challenges;
3. Ensure that the Executive Director’s
strategic skills are aligned with MVRMA’s future strategic needs;
4.
Identify
a person who is capable to fulfill the Executive Director’s responsibilities in
the event of an unforeseen situation in collaboration with the incumbent;
5.
Identify
possible successor candidates for the Executive Director in collaboration with
the incumbent;
6. Take an active role in assessing the
capabilities, potential and readiness of possible successors, and
7. Guarantee that succession planning is
a continuous process and part of the Executive Director’s performance
evaluation.
The Executive Director will:
1. Build a talent-rich organization by
attracting and developing the appropriate people;
2. Have a contingency plan in place to
sustain key roles in the Association including those filled by employees and key
service providers;
3. Document and have a contingency plan
for critical business processes and procedures.
Monitoring
The Personnel & Compensation Committee
will review the contingency plan(s) as part of the Executive Director’s
performance evaluation.
Contingency Plan
Interim Program Management Procedures
(Revised 5/10)
- The MVRMA Board President shall be
notified by the Executive Director or the Administrative Assistant or designee
in any instance where the Executive Director is to be hospitalized or
physically incapacitated for more than five (5) business days. The Board
President shall be advised of the Executive Director’s expected return to work
date and the need, if any, for interim management during his absence.
- In the instance of the death of the
Executive Director, the Administrative Assistant or designee shall call and
advise the Board President or, if the President is unavailable, the
Vice-President. The Board President shall immediately communicate with the
MVRMA Officers and Board of Trustees.
- During an extended absence or
incapacitation of the Executive Director, the Board President shall be the
Chief Executive Officer of the Association and shall supervise the day-to-day
operations according to the policies of the Association. The Board President
may request information from any officer of the Association or any employee or
independent contractor of the Association.
- MVRMA’s corporate legal counsel and
key service providers shall be notified of interim changes in MVRMA’s program
management and the expected duration, if applicable by the Board President or
designee.
- Due to incapacity or sudden loss of
MVRMA staff, the following backup contacts are to be utilized:
- Claims Adjusting:
i.
AEA Claims Service, Mike Bickley; 937-264-0600
ii.
Crawford & Company, 937-299-7373
- Loss Control:
i.
Alliant Loss Control Services, Tim Leech;
949-260-5008 tleech@alliantinsurance.com
ii.
Marsh Workplace Strategies, Jeff Sizemore;
513-287-1653
- Accounting & Financial Matters:
i.
MVRMA Treasurer
ii.
Carol Riggle, CPA, 937-620-5271;
carolriggle@yahoo.com
- The Executive Director will encourage
staff to do cross training of essential functions in order to allow minimal
disruption during an unexpected temporary absence. Key staff will keep a
procedure manual of important activities updated annually.
- The following list of key service
providers will be kept updated in order to provide necessary professional
assistance and backup capacity where it may be needed.
- Actuarial Services: Godbold,
Malpere & Co., Terry Godbold, 770-587-0351;
tgodbold@gmactuary.com
- Auditing: Clark, Schaefer, Hackett
& Co., Devesh Kamal 937-399-2000;
deveshk@cshco.com
- Banking: 5/3 Bank, Gail McCreight,
937-227-6044; gmccreight@53.com; Deb
McNeff, 937-229-8218; deb.mcneff@53.com
- Broker: Alliant Insurance
Services, Rick Steddom 949-660-8121;
rsteddom@alliantinsurance.com
- Corporate Legal Counsel: Surdyk,
Dowd & Turner, Robert Surdyk, 937-222-2333;
rsurdyk@sdtlawyers.com
- Coverage Counsel: Mazanec, Raskin,
Ryder & Keller, John McLandrich, 440-287-8298;
jmclandrich@mrrklaw.com
- Investment Advisor: Bond-Tech,
Inc., Roger Cox, 937-836-3991;
racox@btadv.com
- Landlord & Property Maintenance:
Don Strenk, 937-299-1726; 937-478-3464 (Cell)
- Reinsurance Captive: Government
Entities Mutual, Inc., John Foehl, 866-342-5436 (100);
john.foehl@gemre.com
- Technology & Computers: Carlos
Landaburu, 937-767-1787;
carlos@landaburu.net
- Training & Safety Classes: MVCC –
MTA, Marie Belpulsi, 937-438-8887;
mbelpulsi@mvcc.net
- Workers’ Compensation TPA:
Sedgwick CMS, John Logue,
800-825-6755;
john.logue@sedgwickcms.com