Dear AmCham Member,
In the capacity of the President of the American Chamber of Commerce in Hungary (registered seat: 1051 Budapest, Szent István tér 11.) I cordially invite you to the
AmCham General Assembly and Board Elections
The General Assembly, traditionally the most high-profile AmCham event of the year, will take place on December 1, between 9am-12:30pm at the Budapest Marriott Hotel (1052 Budapest, Apáczai Csere János u. 4.).
In this letter, you can find information about the candidates, the agenda of the Assembly and also some important rules. Below we inform you about the Dr. Iván Völgyes Award as well.
At the Assembly:
- AmCham executives will report on the annual activities and achievements of the Chamber, highlight plans for 2022 and
- new AmCham Board members and Supervisory Board members will be elected.
Board of Directors
This year’s open positions for a 2-year term are:
- First Vice President
- Secretary Treasurer
- Two Board Members-at-large
This year’s open positions for a 3-year term are:
08:00-09:00 Arrival, registration
09:00-09:05 Welcome remarks by President Zoltán Szabó
09:05-09:10 Election of the Chairperson of the General Assembly, the Vote Counting Committee, Election of the Keeper of the Minutes
09:10-09:30 Report on the activities of the year from December 2020 to November 2021
• President Zoltán Szabó
• Secretary Treasurer Mike Carlson
• Report of the Supervisory Board
09:30-09:40 Presentation of the 2022 Annual Plan by Chief Executive Officer Írisz Lippai-Nagy
09:40-09:45 Voting on the Report of activities and the Annual Plan
Election of the First Vice President:
- Candidate campaign speeches (5 minutes/candidate)
- Voting for the position of the First Vice President
Election of the Secretary Treasurer:
- Candidate campaign speech (5 minutes/candidate)
- Voting for the position of the Secretary Treasurer
Announcing the result of the First Vice President Election
Election of the two Board Members-at-Large:
- Candidate campaign speeches (4 minutes/candidate)
- Voting for the positions of the Board Members-at-Large
Election of the two Supervisory Board members:
- Candidate campaign speeches (4 minutes/candidate)
- Voting for the positions of the Supervisory Board members
Announcing the results of the Election
10:35-10:40 Report of the AmCham Foundation (ACF)
10:40-10:45 Presentation of the Dr. Iván Völgyes Award
10:45-10:55 Acknowledgements for outgoing Board members
10:55-11:00 Announcement of the new Board
11:00- Brunch hosted by Bird & Bird
Important rules on the General Assembly
According to the By-Laws of AmCham, Article III. paragraph 3.1.8. “A General Assembly shall have a quorum if 20 % of the Members who are entitled to vote at General Assemblies are present. If the General Assembly does not have a quorum, another General Assembly can be called by the President no earlier than 30 minutes and no later than 30 days after the original General Assembly with the same agenda as the original General Assembly, and such second General Assembly shall be entitled to make resolutions by simple majority of those Members who are present at such second General Assembly if the possibility for such second General Assembly was communicated to the members in the invitation to the original General Assembly.”
Therefore, if there is no quorum at 9:00am, another General Assembly will be called for 9:30 am on the same day (December 11th, 2021) with the same Agenda and such repeated General Assembly shall be entitled to make resolutions by a simple majority of those Members who are present at such repeated General Assembly.
Right to vote:
Please note that according to the By-Laws, Article III. Paragraph 3.1.14. “Each Member has the right to vote at the General Assembly except for Honorary Members and Members who have not paid their dues in full.”
As per the By-laws (2.4.2.): “…Members who are entitled to vote at a General Assembly and are not able attend a General Assembly may exercise their voting rights at the General Assembly by proxy. However, they cannot exercise their voting rights by submitting votes using absentee voting ballots.” All votes must be cast in the room where the General Assembly takes place. A proxy can be assigned to any member, who may accept a maximum of 3 proxies. Proxies cannot be granted to running candidates except for own company.
If you wish to exercise your voting right by proxy, please use the Registration Form and Power of Attorney.
As per the By-laws (2.4.2.) „...will be available for Members with voting rights up to the beginning of the elections procedure, that is, the moment at which the chairperson of the meeting at which the elections are held declares that the meeting has reached the agenda item under which the elections are held. Members who wish to obtain a voting ballot at the General Assembly must therefore arrive at the place of the General Assembly prior to the beginning of the election procedure. „
I encourage you all to participate and express your opinion by exercising your voting right.
To register, please fill out the Registration Form and Power of Attorney and send it to Membership Manager Ildikó Takács-Berka via email to ildiko.berka [at] amcham.hu until November 29.
Dr. Iván Völgyes Award
In memoriam of Dr. Iván Völgyes, the American Chamber of Commerce is calling for nominations for our Dr. Iván Völgyes Award for Promoting Hungarian-American Business Relations. This annual award is aimed to recognize those individuals who have contributed significantly to the development of the Hungarian-American business relations in the following, but not exclusive, areas of US investment such as through FDI or technology, knowledge, or charity.
Details of the nomination can be read here.
Should you have any questions regarding the General Assembly, please do not hesitate to contact Ildikó Takács-Berka at ildiko.berka [at] amcham.hu
According to effective regulations, attendees must present the AmCham staff upon arrival: a picture ID and a certificate of immunity against SARS-CoV-2 (Card OR App)
Participants are required to wear a mask