The board of directors of the Baylor Alumni Association met for more than three hours on Saturday, August 17, and came to a consensus that editorial independence for the Baylor Line Corporation—proposed as part of the Transition Agreement—is the greatest concern of board members and is of utmost importance in considering plans for the future.
Board members took no action on the Transition Agreement, which must be approved by the BAA membership at a September 7 meeting before going into effect. Instead, the board deferred any consideration of a vote or resolution on the agreement until more details are complete about the functioning of the new Baylor Line Corporation.
BAA board president Collin Cox ’97 said, “The Transition Agreement has always been a term sheet, and now we are working on specific legal documents regarding the license for the Baylor Line Corporation.”
The stated purpose of the special meeting, Cox said, was to discuss the Transition Agreement and to begin working out voting and credentials procedures for the September 7 meeting. After Cox opened the board meeting, board secretary Kyle Gilley ’94 recounted the yearlong negotiations of the BAA committee with Baylor regents. Attorney J. D. Pauserstein, JD ’84, reported about the lawsuit filed by a member in July, and attorney Mike Bourland ’66, JD ’69, reported on work with the university’s lawyers regarding the Baylor Line Corporation license agreement.
More than forty members of the board attended, with twenty-five in attendance in person in the McMullen-Connally Faculty Center on Baylor’s campus and the rest via conference call.
Cox said the discussion was civil and productive, although board members enthusiastically expressed views both in favor and in opposition to the proposed Transition Agreement.
“The meeting was full of devoted Baylor family members who care deeply about the university,” Cox said.
For breaking news and full information about the proposed Transition Agreement that BAA members will consider on September 7, “like” the BAA on Facebook, follow the BAA on Twitter @BaylorAlumAssoc, and check in often at BaylorAlumniAssociation/TransitionAgreement. —Meg Cullar