Close Close

Life Health > Health Insurance

AAA Considers Governance Changes

Your article was successfully shared with the contacts you provided.

The board of the American Academy of Actuaries (AAA) wants to make the job of being the AAA president a little easier.

The board of the AAA, Washington, has endorsed a proposal to have the immediate past president serve as the chairperson of the board, to ease the administrative responsibilities of the president, AAA President Mary Frances Miller says in a letter to AAA members.

The board also has endorsed a proposal to remove the “penultimate past president” position from the board, to shorten the amount of time a president needs to commit to 3 years, from 4, Miller says.

A third proposal that won board support calls for the AAA to try using electronic voting to elect regular directors.