August 2024 International Executive Council Meeting
The meeting of the International Executive Council was called to order at 8:30 a.m. on Thursday, August 28, 2024, in Chicago, Illinois. The members of the council in attendance were Calabro, Calvey, Cunningham, Chincio, Finn, Griffiths, Hamilton, and Riley. Chairman Erikson attended via audio/video conference call. Minutes from the last meeting were approved.
International President Cooper
International President Kenneth W. Cooper met with the members of the International Executive Council via zoom to discuss a variety of matters affecting all branches of the brotherhood.
International Secretary-Treasurer Noble
International Secretary-Treasurer Paul A. Noble presented financial reports covering the IBEW Pension Fund, the Unity Fund, and the Investment Portfolio of the Brotherhood, both in Canada and in the United States.
Legal Defense
General Counsel reporting on legal activity and bills, and payment 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.
Financial Reports
The International Secretary-Treasurer’s Report on the various funds of the Brotherhood were presented to the members of the International Executive Council, examined, approved, and filed.
Resolution Concerning Certain Investments of the General Fund and the Pension Funds
On the recommendations of the independent investment consultant for the General Fund and the IBEW pension funds and in consultation with Investments Staff, the International Executive Council took action to approve the restructuring of certain investments with the aim of optimizing the funds’ respective investment portfolios.
Appeals Filed with The International Executive Council
The International Executive Council conducted a thorough review of the facts pertaining to an appeal from Local Union 86, Scott E. Merkle Card Number D948692, and it is the decision of the IEC to Uphold the denial of his early pension application.
Article XX and XXI Cases
There were no Article XX or XXI cases to report during the third quarter of 2024.
Local Union Under International Office Supervision
There are two Local Unions under trusteeship, Local Union 2330, St. John’s Newfoundland and Labrador, Canada and Local Union 1501, Baltimore Maryland. The IEC authorized the continuation of these trusteeship for six (6) months, no action is required at this time.
IBEW Consolidated Balance Sheet/Income Statement ending June 30, 2024
Reviewed and Filed
IBEW Unity Fund Contributions ending June 30,2024
Reviewed and Filed
IBEW Pension Benefit Fund Consolidated Statement of Net Assets ending June 30,2024
Reviewed and Filed
Retirement of International Officers
Brian K. Thompson, International Vice President Effective — July 1, 2024
Retirement of International Representatives
Ann Miller, International Representative, Government Affairs Department Effective — April 15, 2024, revised letter
Todd Newkirk, International Representative, Seventh District Effective — July 1, 2024
Steven R. Crum, International Representative, Fourth District Effective — August 1, 2024
Lead Organizers
Philip Meyer, Membership Development Effective — July 1, 2024
Melanie Probst, Membership Development Effective — August 15, 2024
David Hayes, Membership Development (Vested) Effective — May 9, 2024
Retirement of International Office Employees
Michelle Quansoon, Office Employee, First District Effective — June 1, 2024
This regular scheduled meeting was adjourned on Thursday, August 28, 2024, at 11:30 a.m. the next regular meeting of the International Executive Council will commence on Wednesday, December 18, 2024, in Washington, DC.
For the International Executive Council
Myles J. Calvey, Secretary August 2024
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 “AboutUs” page.I
