The Ski Club’s 110th AGM took place at the City of London Club on Thursday 16 November.
The meeting was Rob Crowder’s last as Chairman, as he stood down after serving a 5-year term. As is traditional, Rob was presented with a lifetime membership by incoming Chairman, Malcolm Bentley, who was voted into office at the AGM. The position of Treasurer, which Malcolm has filled for the last 4 years, will now be taken by Ian Holt, an existing Council Member.
Dave Davenport and Joanna Milner Percy were voted in as new Council members at the AGM, from a group of six members who stood for election. The Club would like to thank all of the members who put themselves forward.
The Chairman and Treasurer both gave presentations, which included a tribute to Frank McCusker, the Club’s Chief Executive who sadly passed away in June. It was announced that a new Chief Executive has been appointed, with further details due to be made public shortly. Updates were given on the Club’s new office premises, the investment of the proceeds from the sale of the White House, the new website project, and the Club’s performance in all areas over the past year. This included positive news on figures for Freshtracks holidays and Ski Club Insurance sales, and an increase in the total number of member paying units. It was also announced that the Club’s heritage assets are to be curated and cared for by a major centre for sporting history at a leading UK university. Some of the items will also be on display in an Alpine-themed restaurant and pub, due to open in Central London in 2018, which will become an official venue for Ski Club events.
The majority of questions raised by members at the AGM centred around the investment of the White House sale proceeds, and particularly the decision not to reinvest in property. Malcolm Bentley responded that Council had debated the issue at great length, and had eventually come to the decision that the Club’s operational needs should be separated from its investment needs, and that the long-term interests of the Club are better served by concentrating its reserves in a diverse portfolio of liquid assets.