Association Governance: NACVA's Board Elections—First Quarter 2023

Association Governance: NACVA's Board Elections
Lynne Johnson
Executive Editor/Accreditation Manager, NACVA

Nominations: March 06 through March 24, 2023
Elections/Voting: April 10 through May 05, 2023

Organizations have boards of directors on the premise that the best decisions are group decisions. A board that is well-rounded and diverse offers wise counsel, built-in accountability, tenured experience, and unparalleled expertise.

Board of director elections is one of the most important duties for an organization, and for most, it is an active and ongoing process that peaks at election time. Forming a board with top notch directors creates a synergy that produces the highest potential for innovative and progressive results that can be noticed throughout an organization.

The National Association of Certified Valuators and Analysts (NACVA) hold nominations and elections every year for its five boards that oversee Association activity in critical areas that have the greatest impact to its members. The five boards include:

Executive Advisory Board (EAB)
Valuation Credentialing Board (VCB)
Ethics Oversight Board (EOB)
Litigation Forensics Board (LFB)
Standards Board (SDB)

These boards have staggered three-year terms that allow them to integrate and orient new board members to the culture and workflow of the board, helping to create a collaborative work environment.

During our annual call for nominations period, we always receive an abundance of interest. This is a healthy signal for any organization with so many individuals wanting to volunteer their time to the collective benefit of an organization. It is within these professional relationships where NACVA members have built their reputation, credibility, expertise, and friendships.

Some of these boards have specific requirements. For instance, to join the Litigation Forensics Board (LFB), members of the Association must hold the Master Analyst in Financial Forensics (MAFF) credential. Most positions on the Valuation Credentialing Board (VCB) and the Standards Board (SDB) require the Certified Valuation Analyst (CVA) credential. If an individual has a desire to serve on a NACVA board, and they do not meet these requirements, it is time to start thinking about acquiring the CVA or MAFF. To learn more about NACVA’s boards, go to the following link: https://www.nacva.com/governance.

Board participation does not begin and end at filling a seat on a board. It includes voting for individuals that represent their best interest. Watch your inbox for nomination and voting notifications from AssociationVoting (announcement@associationvoting.com). If you have not received an e-mail, please check your spam/junk folders and whitelist/allow messages from this sender so you do not miss out on this exciting opportunity.

New board members will be announced during their respective board meetings in June and will also be posted to our website.

Good luck to all!