Director Meeting Attendance, Remuneration and Loans
Director meeting attendance
This information is updated annually, and reports on ACU Director meeting attendance, remuneration and loans for the prior year.
| Members of the ACU Board as at December 31, 2024 |
Board Meeting Attendance |
ACU Committee Membership and Attendance | |||
| Audit & Risk | Governance & Ethics | Human Resources Policy & Compensation | Nominating | ||
| Crystal Laborero CHAIR |
9/9 | 4/4 | 3/3 | ||
| Anne Lindsey VICE CHAIR |
9/9 | 4/4 COMMITTEE CHAIR |
|||
| Marina James DIRECTOR |
2/2 until March 2024 |
2/2 until March 2024 |
1/1 until March 2024 |
||
| Don Johal DIRECTOR |
9/9 | 4/4 | 3/3 | ||
| Jacqueline Keena DIRECTOR |
9/9 | 3/3 COMMITTEE CHAIR from May 2024 |
1/1
COMMITTEE CHAIR
until May 2024 |
||
| Paul Lacap DIRECTOR |
9/9 | 3/3 COMMITTEE CHAIR until May 2024 |
|||
| Jeff Leclerc DIRECTOR |
9/9
|
2/2 from May 2024 |
1/1
|
||
| Diane Lee Sousa DIRECTOR |
8/9 | 6/6 |
1/1
COMMITTEE CHAIR from May 2024 |
||
| Kelley Malowski DIRECTOR |
7/7 | 3/3 | |||
| Priti Mehta-Shah DIRECTOR |
8/9 |
6/6
COMMITTEE CHAIR from May 2024 |
|||
| Alain Molgat DIRECTOR |
9/9 | 6/6 COMMITTEE CHAIR until May 2024 |
|
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Remuneration and Loans
ACU Directors are paid an annual retainer and a per diem for attending Board and Committee meetings as well as other eligible meetings, as agreed to by the Board. In 2024, total remuneration to the ACU Board of Directors was $438,000. ACU paid expenses on behalf of Directors amounting to $27,000, inclusive of the Board training and development expenses itemized in the following section.
As of December 31, 2024, outstanding loans to Directors totaled $1,068,000, of which nil was at government prescribed rates of interest. Director loans totaled 0.03% of our assets.
Board Training
Every year, the Board approves a training and development program for the Board, individual Directors and Board Committees. In 2024 this included: mandatory Credit Union Director Achievement training, attendance at the national conference for credit unions, hosted by the Canadian Credit Union Association, the Manitoba Directors’ Forum hosted by Credit Union Central of Manitoba, and various training courses, workshops and webinars. In 2024, $24,000 was spent on Board training and development.