Meeting Summary

OAC Board - February 23, 2018

Amendment to By-law No. 1 – Role of the Chief Executive Officer

OAC By-Law No. 1 provides for the appointment of a President who shall be the Chief Executive Officer.  It was desired to have the ability to split the roles of President and Chief Executive Officer, which requires an amendment to By-Law No. 1.

After a discussion led by the Board Chair, the OAC Board approved the following:

  • amendment of Article 9 and Article 11 of By-Law No. 1, effective April 1, 2018;
  • confirmation of Michael Latimer as Chief Executive Officer, effective April 1, 2018; and
  • authorization of the Corporate Secretary to make editorial amendments as required to By-Laws No. 2, 3 and 4 to give effect to the foregoing changes, and to publish the revised By-Laws under the authority of the Board of Directors, effective April 1, 2018.