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Feb 16, 2002

20 AMA Corporate Members And Directors Vote To Change Eligibility Rules For Directors Elected By Individual AMA Members

From a news release on www.AMADirectlink.com and other sources:<BR><BR>AMA Corporate Members Elected<BR><BR>Feb. 16 -Three Corporate Members were elected to the AMA Board of Directors at the annual AMA Corporate Member meeting held at the Indianapolis Dealer Expo.<BR>Mike Buckley from Dunlop Tires, Croft Long from Kawasaki Motors Corporation and Ken Sutton of Harley-Davidson were elected to serve the board as Corporate Members.<BR>The AMA Board of Directors consists of twelve members. Six Corporate Directors are elected by the corporate membership and serve two-year terms. Six individual Directors are elected by the general membership in their respective regions and serve three-year terms. The AMA Board of Directors meets four times a year.<BR>The Corporate Members and the AMA Board also passed two revisions to the AMA Code of Regulations. The first was to "maintain the distinction between corporate and individual member Directors to ensure proper representation of both constituencies as provided for in the AMA Code of Regulations." The second dealt with the reimbursement of individual member Directors' expenses to reflect changing economic conditions.<BR><BR>The change in eligibility rules disqualify anyone who owns or is employed by a company that is theoretically eligible to be a Corporate member of the AMA, even if that company is not actually a Corporate member, from running as an Individual Director elected by the general membership. Specific exemptions were included for motorcycle dealers and race promoters.<BR><BR>In action taken later in the day by the AMA Board of Directors, Buckley and Kevin Schwantz were named to the AMA Pro Racing Board of Directors and P.J. Harvey was named the new Chairman of AMA Pro Racing. Harvey replaces former Chairman Mark Tuttle, who resigned recently, Buckley replaces Harvey as a Board member, and Schwantz replaces Rick Gray, who elected to leave the Pro Racing Board.<BR><BR>A fund-raising program for the AMA D-37 Legal Defense Fund was also discussed, and the Board voted to provide up to $50,000 in matching funds during the next 12 months.