Group Leadership

Treasurer & Committee Chair
Linda Hasenfratz
Linamar Corp.

Vice Chair
Grant D. Godbersen
GOMACO Corporation

AEM Staff Contact

Kathy Barke
Vice President, Finance & Chief Financial Officer | 414-298-4141

Wanda Sova
Executive Assistant | 414-298-4168

Objectives

  • Provide oversight of the Association’s financial resources by reporting accurate and reliable information to the AEM Board of Directors.
  • Monitor, manage and protect the assets of the Association by providing an adequate system of financial controls.
  • Recommend AEM budget to the Board and oversee the budget throughout the year.

Responsibilities

Review and recommend to the AEM Board of Directors for approval:

  • The annual budget.
  • The investment policies and guidelines of the Association.
  • External auditor selection and the annual audit.
  • A long-range program to assure the financial viability of the Association.
  • Any other finance-related tasks as directed by the AEM Board of Directors.

2021 Priorities

  • Monitor AEM 2021 actual financial results versus budget.
  • Monitor AEM cash flows and financial viability of individual trade shows, programs and services.
  • Continue to assess financial projections for AEM with an emphasis on 2022 and 2023.
  • Review and recommend AEM 2022 budget to Board of Directors for approval.

Leadership

  • Chaired by the AEM Treasurer. Serves a one-year term. Elected by the AEM Board of Directors each November. In practice, Treasurer serves two consecutive one-year terms.

Composition

  • 15 to 18 members. A cross-section of individuals is selected based on financial, AEM trade show and member services background.
  • AEM seeks top or high-level executives from member companies to serve, with an emphasis on diversity of race, ethnicity, gender, age and background along with diversity of product groups.
  • The committee aims to have a 70-30 split between Directors and non-Directors.
  • Terms of two years with approximately 50% of the committee anticipated to turn over each year.

Meetings

  • Two to four virtual meetings throughout the year depending on activities and issues.
  • In-person meeting attendance at AEM’s Milwaukee office is welcomed.
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