The CHL's General Assembly took place this afternoon in Prague, with Shareholders electing two new board members, re-electing seven current members, and approving Board Governance Adaptations.
The CHL held its fifth General Assembly on Tuesday in Prague, Czech Republic. On this occasion, the 33 shareholders (26 clubs, 6 leagues and the IIHF) elected two new board members, while seven current members were re-elected. The two new board members are:
- Håkan Loob, Vice-President of the Alliance of European Ice Hockey Clubs, representing the Swedish Clubs on the CHL Board
- Franz Reindl, President of the German Ice Hockey Association and IIHF Council Member, representing the International Ice Hockey Federation (IIHF) on the CHL Board.
Newly-elected Loob succeeds Anders Ternbom who is retiring after being the chairman of the Champions Hockey League since its launch in 2014/15. Reindl replaces IIHF president René Fasel, who was a member of the CHL board for the last two years.
Following the General Assembly the newly formed CHL Board voted for a new chairman and elected
- Peter Zahner, CEO of ZSC Lions Zurich and CHL Board Member since the very beginning
Board Governance adaptions
Further, the shareholders agreed to adapt the Board Governance rules and approved limitations in terms of age and terms of office. A board term is now three years (was previously one year) and board members can be elected for a maximum of three terms. Also, candidates may not be older than 66 years at the time of their nomination. With regards to the chairman, it has been defined that either a club, league or federation representative may be eligible for the office (formerly not defined) and the maximum term has been limited to three years.
Financial statement from 2016/17
Champions Hockey League CEO Martin Baumann reported the financial statement to the shareholders. “On the financial side, I’m happy to report a pleasing company result for 2017/18”, Baumann said. “Thanks to our very efficient cost management, and a currency exchange rate which was in our favor, we close the financial year with a moderate net profit and can pay not only an additional dividend to our shareholders, but also support the competing teams in the upcoming season with an additional travel compensation.”