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PROXY STATEMENT
Members of record as of March 9, 2015 are entitled to vote at the 2015 Annual Meeting of
Members of Royal Aloha Vacation Club to be held on May 9, 2015. A form of proxy has been
mailed for use at such meeting if a member is unable to attend in person. THE PROXY IS
SOLICITED BY THE MANAGEMENT OF THE CLUB AND IS REVOCABLE AT ANY TIME
BEFORE IT IS EXERCISED.
The proxies shall be voted as follows:
1.
Election of Directors. At the Annual Meeting, two Member Directors will be
elected to serve a three-year term. Following are the director nominees and a brief description
of their backgrounds. Your proxy will be exercised to vote only for the nominees you indicate
on your proxy card.
MEMBER DIRECTOR NOMINEES
Randy Beeson
Nashville, Tennessee
Randy Beeson is an incumbent Board Member for the Royal
Aloha Vacation Club where he chairs the Audit and Finance
Committee. He has also served on the Strategic Planning
Committee and the Members Services Committee. During the
past three years he has visited all of the RAVC properties except
Oregon, which he visited in 2009. He also has attended the
ARDA convention and has gained valuable insight about our
industry.
He notes that the last three years have been demanding with
many changes, including a new president and the reduction of
Acapulco. He notes that RAVC has new challenges and
opportunities that lie ahead. These include searching for ways to enhance and improve
technology, maintain and improve unit standards, research new property opportunities and,
always strive to improve communications. Our future must be done in a manner that continues
to make RAVC affordable and a great value to our members. Randy would like to be re-elected
to continue the Board’s efforts to accomplish these goals.
Randy has an undergraduate degree in accounting and a Master’s Degree in Finance and over
20 year’s familiarity with timeshare organizations. He is also a CPA. He previously worked
for an international construction materials business and held senior positions including the US
CFO and the VP of Administration. He currently is a Colorado Real Estate Broker and serves of
various boards of directors.
Peggy Carlson
La Grange, Illinois
Peggy Carlson has been a member of RAVC since the early 80's. She
worked for 30 years as a Project Manager for AT&T and did
international consulting work after her retirement. Peggy served on the
Royal Aloha Board from 1992 to 1998 and then again from 2001-2003.
During her last term, as chair of the Information Management
committee, she participated in the selection and implementation of the
Club's new membership/reservation system. While on the board,
Peggy served on every committee. Currently Peggy serves on the
Foundation Board of the Theatre of Western Springs promoting
financial legacy programs to provide ongoing support of community
theatre. She is also a member of the Economic Development
Commission for the Village of La Grange, Illinois where she serves as
an advisor to the trustees on community businesses, economic growth, marketing and publicity
strategies. Peggy feels one of the biggest challenges facing RAVC is keeping the club viable,
flexible and desirable for future generations. If elected to the board, she looks forward to
talking to members and representing their interests.
Bruce French
Seattle, Washington
I, Bruce French, am currently the Business Administrator for a large
Christian church of approximately 1500 people in Covina California. I
have twenty years of experience in this area with four different
churches. This position includes financial administration, facilities
management and operations, and leadership and management of new
construction and/or remodel projects for these facilities.
I have managed other businesses successfully, including my own
farming operation and business which I had for over 17 years. At a
later date I personally developed the farm land into rural building
sites which included water, power, and roads. All sites were
successfully sold.
I have a degree in chemical engineering from the University of Washington, and currently
serve on the foundation board for a private university, and the finance committee for our
denomination’s regional office.
My wife Mary and I have been members of RAVC since 1980. We own several weeks and have
used and enjoyed the club facilities in many locations with our family, enjoying the “home
away from home” concept. We also have several family members that have purchased weeks
on our recommendation.
By serving on the board of RAVC I will work diligently to keep the club relevant and current
with industry trends. I will focus on encouraging the future generations of our Club to
understand the importance of their vacation ownership experience. Additionally, my focus
will be on the future use of the proceeds from the sale of Acapulco, expanding choices and
flexibilities and keeping annual assessments affordable to all while making sure that all of
RAVC’s units all well maintained and updated.
2.
Amendment of RAVC’s Bylaws – At this year’s Annual Meeting, the membership
will be asked to vote for the approval of the proposed amendments to Article VII of RAVC’s
Bylaws concerning the election, composition, terms and general operation of RAVC’s board of
directors. Complete text of the amendments is available at www.ravc.com/annualmeeting.
Unless you otherwise indicated on your proxy card, the proxy will be used to vote for the
approval of the proposed amendments.
3.
Other Business. For any other business properly presented to the meeting, the
proxies named in the proxy form will vote the proxy in accordance with their best judgment.
By Order of the Board of Directors
ROYAL ALOHA VACATION CLUB
Honolulu, Hawaii
March 23, 2015
ALL PROXIES MUST BE RECEIVED AND FILED WITH THE SECRETARY OF THE
CORPORATION NO LATER THAN THE CLOSE OF BUSINESS ON WEDNESDAY,
MAY 6, 2015.