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The regular meeting of the International Executive Council was called to order at 11:54 a.m., by Chairman Erikson, on Tuesday, February 1, 2022, in St. Pete's Beach, Florida. Other members of the council in attendance were Calabro, Shirey, Furco, Wine, Chincio, and Venoit. Calvey and Riley also attended via electronic teleconference. International President Stephenson International President Lonnie R. Stephenson met with the members of the International Executive Council a number of times to discuss a variety of matters affecting all branches of the Brotherhood. International Secretary-Treasurer Cooper International Secretary-Treasurer Kenneth W. Cooper presented financial reports covering the IBEW Pension Fund and the Investment Portfolio of the Brotherhood both in Canada and in the United States. Legal Defense Payments for legal defense, made from the General Fund, were examined and approved in accordance with the requirements of Article X, Section 1, of the IBEW Constitution. Local Union(s) Under International Office Supervision Local Union 2330, St. John's, Newfoundland and Labrador, Canada, remains under trusteeship. The IEC authorized a six month extension. The trusteeship over Local Union 1501, Baltimore, Maryland, was imposed on October 19, 2021. Although six months have not passed since the imposition of that trusteeship, the IEC will not meet again prior to the six months having passed. Therefore, the IEC authorized the continuation of the trusteeship of Local Union 1501 for an additional six months. Financial Reports The International Secretary-Treasurer's Reports for the various funds of the Brotherhood were presented to the members of the International Executive Council, examined, approved, and filed. Article XX and XXI Cases The IBEW was involved in no Article XX disputes, and no disputes under Article XXI for the quarter. IBEW Consolidated Balance Sheet/Income Statement Covering the 6-Month Period Ending December 31, 2021 Reviewed and Filed IBEW Pension Benefit Fund Consolidated Statement of Net Assets/Changes Covering the 6-Month Period Ending December 31, 2021 Reviewed and Filed Retirement of International Representatives John E. Meyer, International Representative, Railroad Department This regularly scheduled meeting was adjourned, on Friday, February 4, 2022, at 10:39 a.m. The next regular meeting of the International Executive Council will commence on Wednesday, April 27, 202, in Chicago, Illinois. For the International Executive Council Myles Calvey, Secretary The IEC acted on numerous applications under the IBEW pension fund. For a complete listing, consult www.IBEW.org, clicking on the International Executive Council link on the "Who We Are" page. |
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