Rogue, adjective - disposed to or engaged in defiance of established authority or principles.
Led by the incumbents, the SECU Board has changed the rules for the 2024 Annual Meeting to prohibit members from asking questions from the floor. That little bit of inanity should not come as a surprise, given SECU's current "We listen, but you can't speak!" leadership; but it has created a firestorm of comments nationwide.
One comment on the censorship of the SECU membership, which really caught my attention was from Dr. Tony Plath, a recently retired finance professor at UNC-Charlotte.
Dr. Plath said: "I’ve been to
literally hundreds of publicly held bank annual meetings over the last
40 years, and I’ve never been to ONE that didn’t permit extemporaneous
shareholder questions during the meeting."
If you're not familiar with Dr. Plath, here's how one knowledgeable journalist views him: "The
most quoted "academic expert" in the history of N.C. banking and credit
unions - by a factor of at least 20...". An exceptional reference coming from those often hardened and cynical media mavens!
😎 So, I contacted Dr. Plath to request permission to publish his comment on the SECU Board's censorship. Here was his response:
"You’re on the side of the organizational owners (your depositors), after all, and that’s the right place to be, and the right thing to do."
"And of course I stand with you."
✅ Free speech, means the free, public expression of opinions without censorship.
❋❋ Click here to vote now! ❋❋
Jean Blaine - Susie Ford - Julian Hawes - Kirby Parrish
... regret that free speech is such an "inconvenience" for the incumbents.
