Guam Attorney General introduced the board\u2019s collection of Mr. Akihiro Tani and Mr. George Chiu to the GVB Board of Directors was invalid.<\/p>\n<\/div>\n
This announcement made by AG Douglas Moylan was made at the moment, Thursday, in a three-part opinion requested by Guam Visitors Bureau (GVB)<\/a> President and CEO Carl T.C. Gutierrez.<\/p>\n Tani was chosen by the board to fill one in every of two vacancies left by the expired phrases of board members Stephen Gatewood and Charles Bell. Tani is the final supervisor of Fish Eye Marine Park in Asan. Chiu, who runs the Crowne Plaza Resort Guam and is an government with the resort\u2019s dad or mum firm, Tan Holdings, was the board\u2019s different choice.<\/p>\n Citing GVB\u2019s enabling laws, Moylan noticed, \u201ctheir terms would have to be filled by election by the contributing membership.\u201d<\/p>\n Moylan famous that the relevant legislation \u201conly applies to seats vacated by resignation or removal and not to expired terms. If it did apply to expired terms, there would be no need to conduct director elections, since elected directors could keep selecting directors in lieu of an election.\u201d<\/p>\n \u201cAttorney General Moylan\u2019s opinion supports management\u2019s position of the bureau that the board\u2019s attempt to form a quorum with expired memberships on January 31, 2023, fell outside the law,\u201d Gutierrez stated. \u201cTherefore, any board action directing management priorities and actions would have put management in jeopardy and made the bureau it serves liable under the law.\u201d<\/p>\n In addition to this opinion, the AG additionally affirmed the applicability of binding resolutions made on a company\u2019s board of administrators, in addition to the board\u2019s potential to schedule future conferences absent of its bylaws. \u00a0<\/p>\n Confidence should be restored<\/strong><\/p>\n \u201cGVB management is grateful for Attorney General Moylan\u2019s clarifications because it corroborates GVB legal counsel\u2019s opinion and advice to management,\u201d stated GVB Vice President Gerry Perez. \u201cThe bureau has completed the revision of its bylaws consistent with its enabling law and now awaits membership ratification so confidence can be restored to the manner in which board and management interact.\u201d<\/p>\n \u201cAs our membership prepares to adopt amended bylaws, it is critical that we have our elected attorney general weigh in on a matter that has placed the board and management at odds for the better part of the past year, so the GVB\u2019s staff and management can continue the business of reopening tourism<\/a> and serving the people of Guam<\/a>, unimpeded by any lingering doubts,\u201d Gutierrez stated.<\/p>\n
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