TO: AC Transit Board of Directors
FROM: Linda A. Nemeroff, Board Administrative Officer/District Secretary
SUBJECT: Retirement Board Interviews and Appointment
ACTION ITEM
AGENDA PLANNING REQUEST: ☐
RECOMMENDED ACTION(S):
Title
Receive an update on the recruitment of a public member representative on the Retirement Board and schedule a special Board meeting on March 12, 2025, to interview the applicants.
Staff Contact:
Linda A. Nemeroff, Board Administrative Officer/District Secretary
Body
STRATEGIC IMPORTANCE:
There is no strategic importance associated with this report.
BUDGETARY/FISCAL IMPACT:
There is no budgetary/fiscal impact associated with this report.
BACKGROUND/RATIONALE:
On December 11, 2024, the Board of Directors authorized staff to begin the recruitment of one public member representative to the AC Transit Retirement Board to fill the unexpired term that resulted from the resignation of Davis Riemer. The recruitment to fill the vacancy commenced in early January. Interested individuals were asked to submit a letter of interest, application and resume.
Two applications were received and are attached for the Board’s review and consideration. Both applicants meet the qualifications to serve on the Retirement Board. Due to the critical nature of appointments to the Retirement Board, and based on the Board’s past practice, staff is recommending that the Board interview both applicants. Upon conclusion of the interviews, the Board will be asked to make an appointment for the remainder of the unexpired term of Davis Riemer, plus an additional two-year term expiring on March 31, 2027. The public member applicants are as follows:
• R. Bradford Huss
• Fabian John
Staff recommends that the Board receive this report and schedule a special Board meeting on March 12, 2025, to interviews the two applicants.
ADVANTAGES/DISADVANTAGES:
The advantage of filling the public member vacancy in timely manner ensures adequate public representation on the Retirement Board. A knowledgeable, responsible and steady Retirement Board is an asset to the beneficiaries of the Retirement Plan and the District. There are no notable disadvantages.
ALTERNATIVES ANALYSIS:
There are no alternatives to the course of action recommended in this report.
PRIOR RELEVANT BOARD ACTION/POLICIES:
Ordinance No. 10 establishing the process for making appointments to the AC Transit Retirement Board.
ATTACHMENTS:
1. R. Bradford Huss Application
2. Fabian John Application
Prepared by:
Linda A. Nemeroff, Board Administrative Officer/District Secretary
Approved/Reviewed by:
Linda A. Nemeroff, Board Administrative Officer/District Secretary
Aimee L. Steele, General Counsel/Chief Legal Officer