Group Leadership
Treasurer & Committee Chair
Todd H. Stucke
Kubota Tractor Corporation
Vice Chair
Grant Godbersen
GOMACO Corporation
AEM Staff Contact
Renee Peters
Chief Financial Officer | 414-298-4120
Wanda Sova
Executive Assistant | 414-298-4168
Objective
- Provide oversight of the organization's financial resources by reporting accurate and reliable information to the AEM Board of Directors.
- Monitor, manage and protect the assets of the organization by providing an adequate system of financial controls.
- Recommend AEM budget to the Board and oversee the budget throughout the year.
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
- 15-18 members. A cross-section of individuals is selected based on financial, AEM trade show and member services background.
- The committee aims to have a 70-30 split between Directors and non-Directors with the goal of achieving a 50-50 split over time.
- Terms of two years with approximately 50% of the committee turning over each year.
Responsibilities
Review and recommend to the AEM Board of Directors for approval:
- The annual budget.
- The investment policies and guidelines of the organization.
- External auditor selection and the annual audit.
- A long-range program to assure the financial viability of the organization.
- Any other finance related tasks as directed by the AEM Board of Directors.
2020 Committee Objectives
- Monitor AEM 2020 actual financial results versus budget.
- Monitor AEM cash flows and financial viability of individual trade shows, programs and services.
- Continue to assess 6-year financial projections for AEM with an emphasis on 2021 and 2022.
Projected 2020 Meetings
- February - 2019 Audit Report and Year-end Review
- June - 2020 Budget Progress and Six-year Projections
- October - Proposed 2021 Budget Review