Present were Executive Committee members Sarah Alger, Paul Callahan, Charley Cook, Jim Capron, Bruce Eissner, Fred Hagedorn, Stephen Jeffries, Joni Palmer, Dave Rosekrans, John Ross, and Mike Schoettle. Also present was Executive Director Nick Craw and for item 2, at the invitation of the President, Dick Rose. 

1.       Minutes. 

  • Motion: a motion was made, seconded and approved to accept the May 19, 2002, Executive Committee minutes.

2.       President’s Report.  Dave Rosekrans applauded the new Race Management Handbook.  He reported that he is working with Joni Palmer to establish a Youth Task Force and noted that a proposal to create a Youth Committee will be presented at the AGM in October.

3.       Racing Rules Submissions.  Dick Rose noted that a draft of the rules submissions was distributed, and that none of the proposed submissions constitute a mid-term change in the rules. 

  • Motion: a motion was made, seconded and approved to accept all submissions except Item 2, which was deferred to the next meeting.

4.       Treasurer’s Report.  Stephen Jeffries reported that while cash flow is currently positive, the organization continues to project a loss for the year.  

5.       Executive Director’s Report.  Staff are completing a fourth and final site visit with an NGB to assess a possible software financial and membership package. 

6.       Olympic Report.  Fred Hagedorn reported that Rolex has signed on as the title sponsor of the Miami OCR through 2009. US SAILING is on the verge of another major sponsorship. The first World Championship of an Olympic class is the end of June in 49ers in Hawaii.  The Yngling World Championship will be in Switzerland in July.  Fred Hagedorn said that he would like to thank all of the US members on the ISAF Council for helping ensure that the Yngling event will be positive for all women from around the world.  The World Sailing Games will be held in early July as well, and the Youth Worlds team will be leaving shortly for Canada.  A large team is going to Athens from Aug 10-25, testing the venue. Finally, he recognized Leila Jenkins, who began a campaign in the Yngling class but has now donated her boat to the OSC.

7.       Herreshoff Award.  John Ross suggested that language be added to the Herreshoff nomination letter requesting that people not campaign for particular candidates.

8.       Hobie Cat.  Art Stevens has asked if US SAILING would be interested in developing a sponsorship relationship with Hobie.  This would bring Hobie Cats into Youth racing. The ExCom supported the concept of developing a sponsorship agreement with a multi-hull manufacturer, provided that the focus is on promoting multi-hull sailing at the grassroots level and that the appropriate boats are selected throughout the spectrum of Youth sailing. 

9.       Financial Regulations. 

  • Motion: a motion was made, passed and approved to accept the proposed changes to the financial regulations (attached).

10.   Diversity.  Dave Rosekrans will appoint a diversity task force to focus on this issue.

11.   Sailing World.  Dave Rosekrans reported that a prospective buyer has been identified. 

·         Motion: a motion was made, seconded and approved to designate responsibility for negotiating and approving the assignment of the contract with Sailing World to Nick Craw, Dave Rosekrans and Jim Muldoon in their sound judgement.

12.   Sail for America.  Sail for America, which will be commemorating the first anniversary of 9/11 in NY Harbor, has asked that US SAILING send a letter to all yacht clubs asking them to send a burgee to be flown at the event.  Dave Rosekrans has suggested that we request that the burgees be returned to US SAILING to be displayed at US SAILING meetings. It was also requested that US SAILING send a letter to individual sailors in the surrounding states.  The Executive Committee supported sending such a letter from US SAILING, to be signed by Gary Jobson and US SAILING. 

13.   Marblehead Halifax Race.  Discussion was held regarding legal matters.

  • Motion: a motion was made, seconded and approved to authorize US SAILING to retain Canadian counsel and intervene on US SAILING’s behalf and for the President to simultaneously urge the Appeals Committee to determine in the next two weeks whether or not they will consider the appeal. 

14.   New Business.

14.a.    Audit.  Pursuant to the motion made in CO, we are moving to a calendar fiscal year. A budget for Nov-Dec 2002 is being developed and will be presented as soon as it is ready for consideration. Since Rooney-Plotkin has assigned a new managing partner to US SAILING’s Account, and since they are most familiar with our business, it was recommended that US SAILING stay with them through 2002 and put the audit for 2003 out for bid. This will ease the transition to a calendar fiscal year.

·         Motion: a motion was made, seconded and approved to name Rooney-Plotkin as the auditors for the stub year – Nov-Dec 2001. 

·         Motion: a motion was made, seconded and approved to name Rooney-Plotkin as the auditors for Calendar 2002

14.b.    Training Videos.  A consortium of sailing industry firms – Harken, North, Vanguard – is working on training videos; the first will be on 420s. Tom Hubbell noted that he has seen a rough cut of the above referenced training video. 

15.   Executive Session (Executive Committee members only)

Meeting adjourned at 9:15 p.m.

Respectfully submitted,


Sarah Alger

Next Executive Committee meeting - Monday, July 22, 2002, at 8:00 p.m. (Eastern time) via conference call.

Attachment: Financial Regulations