Outcome of the ACA Members meeting regarding Loeries article
The actions of Mr. Jarred Cinman, in his capacity as Board Director of The Association for Communication and Advertising (ACA), were deliberated and voted upon at a meeting of the members with voting rights on 25 November 2022.
The meeting was called in accordance with section 71 of the Companies Act, 2008 (The Act) in order to resolve and vote on concerns and questions raised by members of the ACA. These related to a recent opinion piece published in the media and whether through this opinion piece, Mr. Cinman has failed in his duty to exercise reasonable care, good faith and due diligence in the affairs of the ACA.
The vote was held following representations, with the outcome in favour of Mr. Cinman. As a result, it was resolved that Mr. Cinman retain his role as Board Director with no further action deemed necessary.
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