The evolution of RACQ’s corporate governance
RACQ’s Board has put much time and consideration into working through how it tackles the future as Queensland’s largest Club. This includes how the board can best govern for the challenges ahead to continue to achieve success for our Club and our members into the future.
As outlined in the August issue of The Road Ahead, the Board has proposed a number of changes to the constitution for that purpose. These will increase the say our members have in the election of Queensland-based directors to the board and ensure that a majority of voices at the board table are drawn from across Queensland.
The board believes that this will result in a more democratic and effective director election process, where a member’s vote counts across all of Queensland, resulting in a stronger board composition.
All proposed changes will be up for members’ consideration and vote at the RACQ 2021 Annual General Meeting (AGM) in November.
Ahead of the AGM, it is important that our members can be informed about these changes. More on these changes will be made available in the next issue of The Road Ahead, through other member communication channels, including on this page, and at a series of regional member forums in August (see below) for members to consider ahead of this year’s AGM.
We believe these changes make RACQ better and stronger for our members as the board focusses on maintaining ‘the mind of a business and the heart of a club’.
Virtual Member Forum
A Virtual Member Forum is being held in September to offer members who may not normally attend an AGM in person, the opportunity to connect with members of our Board and CEO, and to ask questions about our Club and the proposed constitutional changes.
- Held online, 21 September 10:30am
RACQ 2021 AGM
The 2021 AGM is an opportunity for RACQ’s 1.8 million members to hear first-hand from the RACQ President, Board, CEO and General Executive team on the Club’s results from the past financial year, key priorities and what the future looks like.
Members are invited to join the AGM which will be held on 23 November in person at RACQ's Eight Mile Plains headquarters, and virtually, to hear these important updates, ask questions of the Board and Executive team and vote on the matters put to the meeting.
More information on how to attend and vote at the AGM will be available in the coming months.
Please contact RACQ’s Group Company Secretariat on 1800 353 533 or Group.Secretariat@racq.com.au for further information on the AGM and the Constitutional Changes.