Association establishes foundation in less than four months, and raises $467,000 in that time, to support member-nominated charities.

Oct. 23, 2020
Kathryn Walson

Erin Fuller, president of association solutions at MCI USA, recommends doing scenario planning in a series of two- to three-month “sprints.” Association leaders can use the information they have to create scenarios that they revisit every few months.

Kevin Klauer is the first D.O. to lead the American Osteopathic Association since 1981.

Mike Stanton will take reins of National Automobile Dealers Association on Jan. 1 as transformative leader Peter Welch retires.

Rebalancing is important as drawing from short-term reserves changes your risk profile: Fewer safe assets means the riskier assets make up a bigger portion of reserves.

As the end of the fiscal year approaches for many groups, association leaders are forging ahead with finalizing budgets and cash flow projections for 2021. Three chief executives interviewed by CEO Update said they hope to find new revenue sources and avoid tapping reserves or making cuts. “What are the new opportunities that this is going to create?" said Ken Slaw, executive director of the Society for Vascular Surgery.

With return of in-person events uncertain, zero-based budgeting forces executives to identify funding for all programs and projects.

Former markets regulator to succeed Stevens at association representing sector for mutual funds and similar investment vehicles.