The AEM Board of Directors met last month at AEM’s Annual Conference in Marco Island, Florida, where they established goals for 2020 that aligned with the long-term objectives of the association’s new Strategic Plan.

AEM staff is now engaged in the process of developing tactics and activities to achieve the goals set in 15 priority goal areas.

“Our new Strategic Plan is the end result of a comprehensive process that engaged AEM officers, directors and staff at all levels,” said AEM President Dennis Slater. “The plan ultimately serves to provide AEM with a uniquely valuable opportunity to be more aspirational in making a positive difference for the association, the industry and the public.”

The plan was approved in August for implementation from 2020 to 2022, and its top priorities for 2020 are:

“I think the new Strategic Plan does a great job of outlining the goals that (AEM) is focused on for the next three years,” said 2019 AEM Board Chair John Lagemann.

In other action, the Board approved the proposed 2020 AEM budget as recommended by the Finance Committee. Budget details include:

  • The approved budget includes a net operating surplus of $3.2 million.
  • The budget features $64.6 million in operating revenue and $61.4 million in operating expense.
  • Strategic Plan investment in the budget is $2.5 million.

The Board also supported the progress made in the Hargrove & Associates (HAI), the AEM-owned statistics company acquired in January of 2018, in 2019 and its 2020 business plan objectives:

  • Investments being made in a new platform to support and improve statistical service programs for the long term.
  • Integration of financial and later HR operations through the AEM Milwaukee office.
  • HAI succession planning.
  • Future development of new business opportunities with AEM members and associations.

The Board also thanked HAI Board Chair and past AEM Chair Rich Goldsbury for his leadership to guide the transition of the HAI business under AEM ownership and the development of a long-term plan.

In addition, the Board:

  • Elected its 2020 leadership.
  • Received a report from the Nominating Committee, which announced the 2020 leadership slate achieves the following objectives:
  1. Achieves cross-section representation from industry sectors and products.
  2. Provides representation from all member categories, including small companies.
  3. Takes the first steps of the plan to improve diversity in the volunteer leadership, including the appointment of a staff lead to guide the initiative and setting the 2020 objectives.
  4. 12 of 20 Directors are currently serving less than four years on the AEM Board.
  • Thanked 2019 AEM Chair John Lagemann for his service, leadership and contributions leading the association to success in 2019.

“What a great opportunity my role as Chair has been,” said Lagemann. “It’s really been about sustaining a really solid foundation (for AEM) moving forward, and I think we’ve done that. It’s been a really fun year.”

The next meetings of the AEM Board, Ag and CE Board are slated for March 24-25, 2020 in Washington, DC.

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