OSM, Inc. - Special Full Board Meeting - June 25, 2020

By Luca Marzo on 2020-07-02 18:18 in Board of Directors

Open Source Matters, Inc.Special Full Board of Directors and Officers Meeting

Date: June 25, 2020Time: 17:00 UTCTotal time of meeting: 2 hours 5 minutes

Attendees:

Brian Mitchell (President), Elisa Foltyn (Vice President), Luca Marzo (Secretary), Marco Dings (Director), Hugh Douglas-Smith (Director), Djamel Kherbi (Director), Jaz Parkyn (Director), Radek Suski (Director), Eric Lamy (Director).

Apologies:

-

Proxies:

Hugh Douglas-Smith served as proxy for Jaz Parkyn since 18:45 UTC.

Invited Guests:

Marianela Queme as Assistant to the Marketing & Communications DC.

Discussion outline

Budget discussion

  • Brian shared with the Board a new version of the budget spreadsheet.

  • The Board discussed the various departments' budgets.

  • The Department Coordinators worked to reduce the expenses to keep them to the minimum.

  • The Board used a conservative approach to define the budget for Fiscal Year 2020/21.

  • The Board has the intention to revisit the budget as soon as the financial conditions will allow that.

Other Business

  • Rowan Hoskyns Abrahall stepped down as Treasurer of Open Source Matters, Inc. with immediate effect on June 21, 2020. 

  • There won’t be a replacement election for Treasurer as the resignation occurred less than 30 days before the next Semi-Annual Members Meeting pursuant Section 6.02(D) of the Bylaws of Open Source Matters, Inc. The election of the new Treasurer will fall in the regular Group 1 Election Cycle that will start on July 10, 2020.

Motions taken during this meeting

#2020/093 - Approve the Budget for Fiscal Year 2020/21.Proposed by Brian Mitchell, seconded by Hugh Douglas-Smith.The motion passed with unanimous consent.

#2020/094 - The Secretary proposes to adjourn the meeting.Proposed by Luca Marzo, seconded by Djamel Kherbi.The motion passed with unanimous consent.

Motions taken offline before this meeting

#2020/092 - Approve and publish the Board Meeting Minutes.Proposed by Luca Marzo, seconded by Djamel Kherbi.The motion passed with unanimous consent.

Read more https://volunteers.joomla.org/board-of-directors/reports/1273-osm-inc-special-full-board-meeting-june-25-2020

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