Mortgage Bankers Assn to Buy New Building
By Katherine Schaefer On Wednesday, the Mortgage Bankers Association announced it has signed an agreement to purchase a new commercial building at 1331 L St. NW to serve as its new headquarters in 2008. Currently housed in leased space at 1919 Pennsylvania Ave. NW for the last seven years, the $53.7 million budget association plans to occupy 65,000 square feet of the new 170,000 square foot of the new building that is currently in the beginning phases of construction.
Read MoreSpelling Out Severance Terms
It was only in 1997, after Red Cavaney had been the CEO of three associations and led the massive reorganization of the paper industry, that he received his first employment contract. Its a risk that fewer leaders are willing to take now. High leadership turnover on association boards and industry instability can make the CEO job ripe for the picking, or the ousting. For many leaders, the employment contract provides a job safety net with compensation, benefits and negotiated perks if a CEO and the board cant reconcile.
Read MorePrimed to Lead: Connie E. Durcsak, PCIA
Connie Durcsak blooms where she is planted, and although she came to PCIAThe Wireless Infrastructure Association as a consultant to help the association reorganize, Durcsak grew that role into her current position as one of the groups top directors.
Read MoreCost-Savings Drive the AMC Model
Read MoreProfile: Bill Novelli, AARP
You could call Bill Novelli an activist. As a pioneer of social marketing, he built his early career around affecting social change, especially on health care issues, using marketing as a platform.He cofounded Porter Novelli, a public relations firm that created landmark social and health branding messages like the Food Pyramid for the USDA and youth anti-tobacco campaigns.
Read MoreACC Responds and Counter-sues Ex-CEO
The American College of Cardiology has filed a response and countersuit against former CEO Christine McEntee, accusing her of breach of contract and breach of duty of loyalty. ACC says McEntee failed to give the association 4 1/2 months written notice of her resignation. ACC said it suffered material and economic damages from McEntees failure to perform her duties as CEO and her abrupt departure.
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