The biographies and position statements for the position of 2015 IEEE Treasurer are listed below.
Professor Jerry Hudgins is a native of West Texas, TX, USA. He attended Texas Tech University, in Lubbock, TX, USA, where he received a Ph.D. degree in electrical engineering in 1985. Dr. Hudgins served as Associate and Interim Department Chair of Electrical and Computer Engineering at the University of South Carolina prior to joining the University of Nebraska as Chair of the Electrical Engineering Department in 2004. Currently, he is also the Director of the Nebraska Wind Applications Center and Interim Director of the institution-level Nebraska Center for Energy Sciences Research. Dr. Hudgins' work involves power electronic device modeling, thermal performance, power electronics design, and renewable energy. From 2000 to 2007, he was an Electrical Engineering program evaluator for accreditation (ABET). He is a Fellow of IEEE, has published over 120 technical papers, and worked with numerous industries. Dr. Hudgins also serves on the Board of Directors of the municipal electric utility Lincoln Electric System.
Activities | Committees/Boards:
- Chair, IEEE Audit Committee, 2014
- Member, IEEE Audit Committee, 2013
- Member, TAB, 2013-14
- Director, IEEE Division II, 2013-14
- Member, Fellows Evaluation Committee (Institute-level), 2005-2006
- Member, TAB/PSPB Products and Services Committee (Technical Activities Board/Publication Services and Products Board), 2002-2003
- Member, TAB Products Committee (later became TAB/PSPB Products and Services Committee), 1997-1998
- Member, TAB, 1997-1998 and 2003
Activities | Student Branches:
IEEE Student Branch Counselor, University of South Carolina, 1988-1991
Activities | Societies:
- President, Industry Applications Society (IAS), 2003
- President, Power Electronics Society (PELS), 1997-1998
- Vice-President, IAS, 2001
- Vice-President of Operations (formerly Technical VP), PELS, 1996
- President-Elect, IAS, 2002
- Treasurer, PELS, 1988-1995
- Past-President, IAS, 2004
- Senior Past-President, PELS, 2001–2002
- Junior Past-President, PELS, 1999-2000
- Chair, PELS Fellows Evaluation Committee, 2009-present
- Member, PELS Fellows Evaluation Committee, 2007-2008
- Member, IAS Fellows Evaluation Committee, 2008
- Associate Editor (Transactions Review Chair), IEEE Transactions on Industry Applications, Power Electronic Devices and Components Technical Committee, 2006-2009
- Chair, Industrial Power Conversion Systems Department, IAS, 1996-1997
- Vice-Chair, Industrial Power Conversion Systems Department, IAS, 1994-1995
- Chair, Power Electronics Devices and Components Technical Committee, IAS, 1986-1994
Activities | Conferences:
- General Chair, Power Electronics Specialists Conference (PESC), 1999
- General Chair, Industry Applications Society Annual Meeting (IAS), 2002
- General Co-Chair, Power Electronics and Machines in Wind Applications (PEMWA) Symposium, 2009
- Technical Program Chair, IEEE IAS Annual Meeting (Conference), Chicago, IL, 2001
- Finance Chair, Energy Conversion Congress and Exposition (ECCE), 2009
- Publication Chair, Power Electronics Specialists Conference (PESC), 1990 and 1993
Activities | Other:
- Outstanding IEEE Branch Counsellor Award, 1991
- Third Millennium Medal, for "Outstanding Contributions in the area of Power Electronics," 2000
- 1st Place transactions paper award (PELS), IEEE Transactions on Power Electronics for “Thermal analysis of high-power modules,” by C.V. Godbold, V.A. Sankaran, and J.L. Hudgins, 1997
- Five 1st place paper awards as co-author from various IAS technical committees, 1990, 1995, 2002, 2005, 2006
As a member and now Chair of the IEEE Audit Committee, I am leading the expansion and definition of the role of Risk Management for the Audit Committee and the role of Risk Management for the IEEE and how that activity interfaces with the Board of Directors. I have also worked with IEEE Treasurer John Barr to sunset the IEEE Insurance Committee and transition many of its tasks into the operations of the Audit Committee. I served as Treasurer of the Power Electronics Society (PELS) for seven years as its first and longest-serving society treasurer. I helped mature the financial operation of the society so that it became very successful in generating surplus funds every year while promoting and expending resources generously on new programs for its members. This tradition of PELS being a leader among societies within TAB continues based on the attitudes instilled by its officers from these early years. I am proud to be part of that tradition. As President of the Power Electronics Society, I helped create the "Sister-Society" cooperation forums among the IAS, PES, PELS, and IES. Served on the TAB/PSPB Products and Services Committee in 1997-98 and again in 2002-2003 helping to formulate the policies of moving the publication business of IEEE from a predominantly print format to electronic format (IEEE Xplore). I led the creation of the IEEE Energy Conversion Congress and Exposition (ECCE) annual technical conference (inaugural meeting in 2009) working with both the Industry Applications and Power Electronics Societies. This established a new jointly sponsored conference in power electronics and electric machines that replaced two previous conferences, each sponsored separately and independently by the societies. I created and managed a new IEEE workshop on Power Electronics and Electric Machines in Wind Applications (PEMWA) in 2009. This workshop has been viewed as important to the technical mission of the Power Electronics Society and has now been continued into its second offering during 2012. It is expected that this workshop will continue as a technical venue sponsored by the PELS.
I served as a Society Treasurer for seven years. I helped mature the financial operation of the Society so that it became very successful in generating surplus funds every year while promoting and expending resources generously on new programs for its members. I have served on the TAB/PSPB Products and Services Committee in the late 90s and again in 2002-2003, helping to formulate the policies of moving the publication business of IEEE from a predominantly print format to electronic format (IEEE Xplore). I have also had many financial roles for large and small conferences and as such have a good understanding of the conference business and the associated finances and reporting required. All these experiences have educated me in the details of two of the important revenue streams for the Institute: conferences and IP generation transferred into products supported by IEEE Xplore. I believe that I am handicapped by not having served as the Treasurer of one of the OUs such as Products and Services, TAB, or MGA. This means that I have not attended Finance Committee Meetings prior to this year. However, John Barr, the current IEEE Treasurer, has invited me to attend the Finance Committee meetings for the rest of the year in my role as the current Audit Committee Chair. I expect to quickly learn the FinCom procedures and gain knowledge of current fiscal issues that I may not have access to through the Audit Committee activities.
IEEE Treasurer is perhaps second only to the President in responsibility and demands. The Institute's financial activities are so varied and integrated that partnership with a professional staff is mandatory. There is also a need to develop better risk management processes and reporting within the Institute. Because practically all of these are monetized in some fashion, financial oversight by the appropriate volunteers is of ever more importance. The major financial imperative for the health of the Institute continues to be the widening gap between growth of expenses and growth of income. Both are increasing, but the expense growth rate seems to again be outpacing the income growth rate. As we know, this is not sustainable and must become the overarching financial policy and operational issue. I know that clear communications between staff, the OUs, and the Board of Directors regarding fiscal matters are vitally important. I would work to ensure open lines of communication and clear expectations of dialogue between the financial staff and the financial officers representing the Board of Directors, primarily interfacing with the Treasurer and other members of the Finance Committee. I don't believe that the major fiscal issues facing the Institute can be permanently resolved without the commensurate evolution of partnership and communication between the staff and the volunteers.
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Edward A. Rezek received a B.S. in Electrical Engineering and an A.B. degree in Physics from Washington University in St. Louis, MO, USA, in 1976; he received his M.S. and Ph.D. in Electrical Engineering from the University of Illinois, Urbana-Champaign, IL, USA, in 1977 and 1980. He has been a member of Northrop Grumman Space Technology (formerly TRW Space & Electronics Group), an entity specializing in electronics development for US government and commercial applications, since 1980. His work experience has ranged from basic research and development to manufacturing and has covered the spectrum from advanced technology development for US government space applications to manufacturing low-cost components for commercial applications. He has received 19 patents and has greater than 50 publications in refereed journals. He is the 1993 recipient of the TRW Chairman’s Award for Innovation and the 2006 recipient of the Northrop Grumman Distinguished Innovator Award. He is an IEEE Fellow.
Activities | Committees/Boards:
- Technical Activities Board (1998 - present)
- TAB Finance (1999 – 2012)
- TAB Awards and Recognition (2005 – 2008)
- TAB Management (2007 – 2008, 2010, 2012 - 2013)
- TAB Strategic Planning (2007 – 2008, 2014 - present)
- TAB Treasurer (2007 – 2008)
- TAB AdHoc Technical Committee Chair (2009 – 2010)
- TAB representative to EAB (2009)
- TAB Nominations and Appointments (2010 – 2012; Committee Chair 2010)
- TAB Society Review Committee (2012 - present; Committee Chair 2012- present)
- Publication Services and Products Board (2009 – 2011)
- PSPB Finance Committee Chair (2009 – 2011)
- PSPB Strategic Planning (2009 – 2011)
- Educational Activities Treasurer (2012 – present)
- EAB Awards and Recognition (2014 - present)
- EAB Nominations and Appointments (2014 - present)
- PSPB Nominations and Appointments (2012 - 2013)
- IEEE Dennis J. Picard Medal Selection Committee (2000 – 2003; Committee Chair 2002, 2003)
- Medals Council (2002 – 2003)
- Awards Board Presentation & Publicity Committee (2005 – present; Committee Chair 2009 - 2011)
- Awards Board (2009 – 2011)
- IEEE Transportation Technologies Technical Field Award Committee (2012 – present; Committee Chair 2012 - present)
- Technical Field Award Council (2012 - 2013)
- New Initiative Committee (2009 – 2011)
- Fellows Selection (2003 – 2005)
- Membership Development (2007 – 2012)
- AdHoc Alternate Membership Model Committee member (2007 – 2008)
- Ethics and Member Conduct Committee (2007- 2008)
- Nominations and Appointments (2010)
- Employee Benefits and Compensation (2013 - present)
- Technical Activities Open Access Committee (adhoc 2013 - present)
- Technical Activities Confidentiality Committee (adhoc 2014 - present)
- Finance Committee (2007 – present)
Activities | Societies:
MTT-S AdCom (1992 - present), Treasurer (1996 – 1998), Vice President (1998), President (1999), Past President's Council (2000 - present)MTT-S Awards (2000 – present; Chair 2003 – 2006)
Activities | Conferences:
MTT-S IMS Treasurer 1994, 1998, 2007MTT-S IMS Steering Committee 1994, 1998, 1999, 2007, 2010
Activities | Other:
Accreditation Board for Engineering and Technology; Electrical Engineering program Evaluator (2001 – 2008) in support of the EAB Committee on Engineering Accreditation Activities
PSPB Finance Committee Chair
- Led activity to provide digital-only Spectrum and The Institute distribution to undergraduate students, realizing yearly $750K cost savings
- Changed PSPB Operations Manual to distribute positive Transactions/Journals budget variance to Society/Council content owners, adding ~ $1M annually to total S/C reserves.
TAB Management Committee Member
- Developed procedure for creation and operation of TAB Technical Committees.
- Developed document simplifying Society/Council business management, providing a process to deal with Societies/Councils in extreme financial difficulty.
TAB Nominations and Appointment Committee Chair
- Implemented candidate outreach process based on IEEE N&A Committee processes, increasing the number of TAB Committee position candidates by ~ 2x.
- Overhauled volunteer financial oversight of EA, making it equivalent to TAB and PSPB. Budgets and budget variances by cost center are presented at the EA Board series, which was not done before I became Treasurer.
- Led activity to transition Continuing Education products to a P&L. This annually removes $400K of member dues revenue from the EA budget, making it available for other OU or Institute activities.
- Did deep dive into IEEE-HKN finances, uncovering annual $150K structural deficit. Worked with the IEEE-HKN BoG to craft 5 year plan to achieve budget neutrality; secured $175K advance funding to enable kickoff. Worked with Foundation to eliminate IEEE-HKN drain on IEEE reserves.
IEEE Finance Committee Member
- Instrumental in developing questions probing Business Management System status; personally responsible for ~ 75% of the ~ 24 questions posed to IT in 2007 – 2008, which uncovered significant implementation problems leading to significant changes in IT strategy.
- Developed process to evaluate budget request across OUs that was successfully used to define final 2014 budgets.
- Caused a review and summary of out-of-cycle FTE addition history to take place in 2014, metrics did not exist until my request.
I have many years of volunteer service in multiple OU’s: TAB, PSPB, and EAB. In addition, I have multiple years of volunteer service on standing BoD Committees: the Awards Board, Finance, New Initiatives, Nominations and Appointments, and Fellows. I have experience in chairing Committees and leading activities. I have been the Chair of over twelve (12) standing or ad-hoc Committees at the IEEE level and over five (5) standing Committee at the Society level. I have experience leading Committees of volunteers and staff at different levels. Whether I am leading the Committee, or participating in the Committee, I cause change. I have strengthened every Committee on which I have served and have personally been responsible for significant and sustained improvementsMy strongest qualification for this position is my sustained record of active involvement with personal and significant contributions to every volunteer activity I have taken on. I am not a passive volunteer but have always been active. I have an excellent working relationship with staff across the Institute including TAB, EAB, PSPB, NIC, and AB as well as Institute organizations such as Finance and Marketing. I know how to work with volunteers, I know how to work with staff, and I know how to coordinate interaction and communication between staff and volunteers. I know how to lead Committees and reach decisions; I know when to and how much to compromise and when to stand firm.I have been involved with finances at the IEEE level since 1997 and have been Treasurer of three (3) OUs: TAB, PSPB, and EAB. When I became the PSPB Treasurer I found that the budget and forecast was developed almost entirely by staff with little volunteer involvement. I changed that process and inserted a strong volunteer presence into the process. I encountered the same situation when I became the EAB Treasurer, and I responded as I had in PSPB. As EAB Treasurer I receive monthly forecasts and provide true volunteer oversight on EAB finances and input into the budget process. I understand the intricacies of IEEE finances and reports extremely well. What makes me the ideal candidate is my long history with IEEE finances. I thoroughly understand the finances of three (3) OUs. When I first became involved in IEEE finances, the Institute had a General Fund that was the repository of all revenue and expenses. I have seen the elimination of the General Fund and was a part of TAB during the development of the New Financial Model in 2000; I participated in the creation of the original Color of Infrastructure document. I have been a participant in the creation and implementation of all financial algorithms in the institute since 2000; I understand how they worked and where they succeeded and where they failed. I am unique in being intimately involved with the whole financial structure development process from the elimination of the General Fund to now. No volunteer has broader or more sustained involvement in the financial matters of the IEEE.
Transparency Frustration among volunteer leadership concerning financial transparency continues to grow and must be more strongly addressed. Current financial reports do not provide adequate information to allow rapid understanding of finances. Nor do they explain why we have little flexibility to fund initiatives or member benefits. The reports are missing key information, but exactly what is missing has not been fully defined. I will reach out to volunteer leadership and specifically identify what kinds of information will deliver the visibility to support business making decisions. New reports and formats are presently being developed, but without adequate volunteer input and therefore they may not be consistent with a move towards more transparency. I will coordinate with the Controller to deliver simple yet perceptive reports with sufficient content, presented in a manner that can be quickly understood. The transparency and fidelity of the budget process needs to be improved. Presently, important information, e.g., out-of-cycle FTEs and contractors converted to FTEs, is not disclosed during the budget process. Nor are Treasurers present during the Executive Director OU review portion of the budget process. Insufficient information is disclosed to the Treasurer as budgets are being prepared. I will include all FTE information during the budget cycle, and work with the Treasurers to determine what overall information best meets their needs. I will secure volunteer presence during the Executive Director OU review.Planning and Oversight A collateral way to improve transparency is to improve volunteer financial oversight and involvement. Our financial reports only compare variances to the prior month, and ITD variance to the prior year. Completely missing are any comparison data to prior years, limiting the usefulness of the financial data. I will add history, including visuals, to the budget/forecast presentations. The Outlook process is becoming institutionalized, but needs more formal connectivity to financial planning. Understanding and utilizing Outlook data is critical to provide financial planning for initiatives, public imperatives and member benefit enhancements. I will take Outlook data and ensure that they are presented in a manner that supports the budget and financial planning processes. In years where our operational variance is positive, we have not done a purposeful job at using that resource, and instead money flows to reserves. I will institute a formal activity to have OUs submit a list of pre-approved, dollarized, and prioritized tasks that could be executed when budget exists. This oversight could also allow for funding BoD initiatives.We seldom review metrics on completed major projects, relinquishing the ability to improve our planning process. I will request outbriefs on recently completed major projects and assess how well we did in meeting objectives. This can become an effective tool for better management of future major projects.Treasurer EngagementOU Treasurers have financial acumen important to the IEEE, but communication with the IEEE Treasurer and CFO is limited. I will create a Treasurer’s Working Group to more effectively provide volunteer input to IEEE Finance and also identify what Treasurers need between FinCom meetings to improve productivity.
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Forrest D. Wright is the President of Standards Strategies, LLC, an Information and Communication Technology Standardization consulting firm. Previously, Wright was the Director of Worldwide Standards (retired) for Lexmark International. Wright has 35 years of experience in standards, engineering, software development and marketing. Since graduating from the University of Louisville with a Master’s Degree in Electrical Engineering (Tau Beta Pi, Eta Kappa Nu), Wright worked on the development and marketing of office printing products for IBM (12 years) and Lexmark (21 years). Wright is Chairman of the Board of Directors of the IEEE Industry Standards and Technology Organization. Wright previously served as the Chair of the Executive Board of the International Committee for Information Technology Standards which develops American National standards. INCITS is the US TAG to JTC1. Wright was a member of the Board of Directors of ANSI from 2008-2013.
- Standards Association
- Board of Governors, 2003-14, 2001
- Treasurer, 2007-2014
- Standards Board, 2014, 2010-11, 2002-08; Chair, 2003-04; Past Chair, 2005-07
- NESCOM, 2011-12, 2002
- Patent Committee, 2014, 2012, 2005-08, 2002; Chair, 2008, 2005-06, 2002
- SCC Coordinator, 2002
- Procedures Committee, 2014, 2010
- Standards Association Awards and Recognition Committee 2012-14; Chair, 2012-14
- IEEE Finance Committee, 2007-14
- IEEE Investment Committee, 2012-13
- IEEE Awards Board, 2012-14
- IEEE-USA, Liaison from/to IEEE-SA, 2010-13
- Technical Activities Board (TAB), Liaison from IEEE-SA, 2005-06
- New Initiatives Committee (NIC), Member, 2005-06
- Admission and Advancement Committee 2011-14; Chair, 2014; Vice Chair, 2011-13
- ISTO, Board of Directors, 2001-14
- Chairman of the Board, 2011-2014
- Printer Working Group (ISTO): Chair, 1996-2001; Member, 1996-2014.
Lexington KY, USA Section, 1979-14, Senior Member Rodeo Coordinator, 2012-13
- Standards Activities Board, 2014, 1998-07; Vice Chair 2014
- Vitality, Chair, 2000
- Microprocessor Standards Committee, 1992-2014; Chair, 1998-2001
- Information Assurance Standards Committee, 2004-2014
- Communications Society:
- Standards Development Board, 2012-13; Vice Chair, 2012-13
- Society on Social Implications of Technology:
- Consumer Electronics Society:
- Standards Association Standards Board Distinguished Service Award, 2006
- Computer Society Outstanding Contribution Award, 2003, 2004
- 2004 Computer Society Golden Core Member
- Technical committees:
- IEEE Standard 1284, Chair, 1992-2014
- IEEE Standard 1284.1, Chair, 1994-2014
- IEEE Standard 2600, Chair, 2004-14
- IEEE Standard 2600.1, Chair, 2005-14
- IEEE Standard 2600.2, Chair, 2005-14
- IEEE Standard 2600.3, Chair, 2005-14
- IEEE Standard 2600.4, Chair, 2005-14
- As SASB Patent Committee Chair, I led the effort to rewrite the IEEE SA patent Policy which is now considered to be on the forefront of intellectual property policies for standards developing organizations which required finding a consensus among a variety of strong interests and within the legal framework of US antitrust law.
- As Standards Board Chair, I streamlined the IEEE SA Standards Board meeting series and was able to keep the meetings shorter and more focused.
- As SA Treasurer, I led the effort to restructure the SA’s business model to better measure revenue, expense, net and gross margins allowing the Board of Governors to better understand what parts of the business were doing well and which ones might be considered for management focus or for sunsetting.
- As A&A; Committee Vice Chair, I wrote the “Panel Chair’s Guide for IEEE Senior Member Review Panels” to document best practices for panel chairs.
- In 2013, I led the effort to shorten the IEEE FinCom budget cycle while delaying it approximately one quarter. This new schedule has been implemented this year for the development of the 2015 budget. To date, this new schedule has worked well and allowed the use of more accurate prior year data in the development of the 2015 budget.
I have served on the IEEE Finance Committee as the SA Treasurer since 2007. Over the course of this time, I have developed a significant understanding of IEEE finances and the budgeting process. As such, minimal time will be needed to come up to speed as Treasurer. Throughout these years, I have built good business working relationships with the various financial staff members necessary for open and honest dialog and negotiation. As SA Treasurer, I led the effort to restructure the SA organization into business areas helping the SA better understand its expenses, gross profits and allocation of infrastructure expenses to take appropriate actions for business areas falling short. in 2013, I led an IEEE FinCom ad hoc to shorten and delay the Institute's budget process. This has allowed the OUs to build budgets on the prior year's actuals rather than on the prior year's budget. In future years, it may also be possible to reduce the number of Finance Committee meetings throughout the year.
IEEE FinCom has made significant improvements to its process in the last few years. Despite these improvements, more accurate revenue and expense budgets would likely enable the funding of more projects and efforts rather than allowing millions of dollars to fall to the bottom line and into reserves at the end of the budget year. In addition, FinCom should also examine if the current methodology of using reserves (1% rule, 50% rule, 4.5% rule) for initiatives and projects needs adjustments or more extensive changes. Going forward, the IEEE can do a better job of managing expenses especially corporate and infrastructure. A closer relationship between volunteers and staff to pare down that expense growth is needed. To address this, I would assign the past Treasurer to focus on the corporate and infrastructure functions in a similar way that each OU Treasurer works with OU staff to manage revenues and expenses. Many projects, in the various OUs, have ceased to serve their original purpose and need serious downsizing or even sunsetting. FinCom needs to better understand what projects and efforts have been sunset and, more importantly, needs to work through the OU Treasurers to sunset those that have outlived their usefulness. Without sunsetting some of these efforts, it will be extremely difficult to fund activities like the emerging public policy projects and other strategic efforts. To address this, FinCom would determine how to do zero-based budgeting on a regular basis rather than the current "last year plus inflation" approach. This should encourage examination of the value of projects and programs on a regular basis and aid in sunsetting. FinCom needs to continue its activities in creating a five-year financial plan that reflects both the OU strategies and the Institute-wide strategies. This plan needs to be dynamic in nature in order to be able to quickly estimate the financial impact of changes in priorities, sunsetting of programs and the creation of new programs and projects.