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Actuary Group Tries New Director Selection Process

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The American Academy of Actuaries (AAA) is testing a new approach to nominating and electing members of the AAA board of directors.

The AAA, Washington, has been identifying candidates for regular director seats by having members submit names to a nominating committee.

Only AAA members who attend the group’s annual meeting have been able to vote for regular directors.

This year, the AAA will let members use the traditional nominating process but also let members use a petition process to nominate candidates, AAA President Mary Frances Miller writes in a letter to AAA members.

For a year, the group also will let members vote for directors using an electronic voting process over a 4-week period, Miller says.

After the year is over, the board will examine the results and member feedback when deciding how to proceed in the future, Miller says.

- Allison Bell

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