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2013 Election Results with Proxy and Developer votes

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 PostPosted: Thu 02 Jan 2014 6:48 pm   
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Joined: Thu 14 Apr 2005 7:10 pm
Posts: 16220
Location: Southern California
CandidatesDirect Vote-Est. Dev. Vote= Est. Owner VoteBoD ProxiesOwner ProxiesTotal VoteNON-WYNDHAM Total
*Geoff Richards91,98422,55069,43446,6060138,59069,434
*M. Cecila Cuevas82,80722,55060,25746,6060129,41360,257
*Bob Morrison80,73222,55058,18246,6060127,33858,182
Matt Shiner80,529080,529038,802119,331119,331
Jack Bowers13,978013,9780013,978 13,978

* Denotes incumbent

The numbers for the direct vote and proxy vote was obtained from the December 2013 issue of Destinations.
Note: The report contained in Destinations is inaccurate for the total votes cast for Geoff Richards. It was 90 short which I added to his vote count.

Using the data reported at the Annual Owner Meeting where the quorum was announced WITHOUT the developer vote, and then the final tally posted on the Worldmark, The Club website, we were able to extrapolate the developer vote. We are also making the assumption that this was was split evenly, as were the proxies that were controlled by the current Board of Directors. Those numbers could be different but would have no significant impact. What is important to know is that without either the developer vote or the BoD-controlled proxies, Matt would have easily won a seat.

With Wyndham controlling 207,468 vote points of the total of 528,650, that is 40%. So who really votes in the directors?

Updated 19 Dec 2013 with corrected developer vote. Changed from 23,502 per candidate to 22,550 per candidate. These votes may have been split differently, but they would certainly go to the same candidates who got the BoD-controlled proxies.


Do NOT assign your proxy to the BoD. Assign your proxy to WMOwners, Inc.

STOP Increased Credit Requirements and Credit Dilution

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