As you are all aware, our General Manager, Paul Wellenberger, has tendered his resignation due to health reasons. The Community Club is in the middle of a number of issues that are extremely important to the future of the Club and Fairfield Bay. These include the formation of a non-profit foundation to allow the solicitation of grants to make major improvements in the mall, moving forward on the potential of having a hotel built near the Convention Center, finding new grant sources, securing tenants for Town Center and enabling construction of “spec” homes in the Bay. Failure to act responsibly and promptly on these issues could result in the loss of significant opportunities.
These issues, as well as the continued operation of the Club through our busiest season of the year requires that Paul’s departure as GM not be allowed to damage our community’s prospects for future growth and enhancement. It is the Board’s intention to preserve continuity in the GM position by naming Rocky Nickles, our current Chief Financial Officer, as Paul’s successor and to promote Tommy Hoffman to CFO. Before any final decision is made, the Board will host a public meeting before the next regular board meeting on June 28 in the Fireside Room of the Indian Hills complex. Anyone who wishes to express their opinion is invited to attend. This public review of GM succession will be held from 8-9 a.m., followed from 9-10 a.m. by the executive session, where any pending personnel issues will be appropriately discussed and decided. The regular session will be held from 10 to 11:30 am.
Rocky Nickles was originally referred to the Community Club by Thomas and Thomas, the accounting firm that does our annual audits. The decision to hire Mr. Nickles was made with full disclosure to the Board at that time. Since then nothing has occurred that changes the high regard the Board has for his work ethic and skills as CFO. Our last audit has just been completed with an excellent report. The owner of Thomas and Thomas, Randy Milligan, has highly recommended Mr. Nickles for the GM position. Paul Wellenberger has echoed that recommendation. The Board’s present position is that, in light of the many time-sensitive issues that face the Club plus the significant cost of conducting a search for an outside replacement, the best course of action is to solidify our management by a carefully considered and timely appointment of a person we know and trust.
The FFB Community Club Board of Directors