HAI Board of Directors

Objective

Manage the business and affairs of the corporation.

Responsibilities

• Provide strategic guidance to HAI as an AEM-owned entity.
• Review and approve the HAI budget and capital investments.
• Review and approve executive compensation.
• Determine the fiscal year of the corporation as prescribed by HAI bylaws.
• May make or alter HAI bylaws of the corporation, subject to the power of the shareholders to change or repeal the same.

2025 Priorities

• Onboard and provide guidance for new CEO/President.
• Focus on completion of iStat Roadmap as part of HAI Strategic Plan.
• Focus on business development as part of HAI Strategic Plan.

Leadership

The HAI Board is led by the following Officers:

• Chair
• Vice Chair
• Secretary (AEM President) (ex officio, non-voting role)
• Treasurer
• HAI CEO/President

Composition

• Recommended range of 8-12 directors, elected by the shareholders in the 4th quarter. 
• Shareholders may appoint ex-officio and other members to the Board from time to time in an advisory, non-voting capacity.
• There are no term limits for Officer or Director positions. 
• Two-year terms, with approximately half of the directors’ terms expiring each year.

Director Profile

• C-suite executives from data-experienced companies are preferred.

Meetings

• Meetings are held six times per year, typically in January, March, May, July, September, and November.
• An annual meeting of the Board of Directors shall be held during the fourth quarter of each year as prescribed by HAI bylaws.
• A special meeting with AEM (HAI’s single shareholder) may be called for any purpose at any time by the Chair, the CEO or by the Board of Directors.