Treasurer

Michael J. Lineberry

The position of ANS treasurer demands a serious commitment to serve the needs of the Board of Directors, the Finance Committee, the staff, and the membership. My long and varied experience with ANS affairs, training in financial matters from my MBA years at the University of Chicago, and executive management experience at Argonne National Laboratory and at Idaho State University all provide me with a sound background for doing the job of treasurer knowledgably and well.

If elected, I will reduce my ISU/Idaho National Laboratory commitments to about 60 percent of full time, thus allowing an unusual voluntary time commitment to ANS. I completely support the ANS officers' recent emphasis on greater transparency of ANS financial affairs for the membership and will work to translate that objective into tangible results.

Among other things, we simply must stop spending more than we take in. In the past three years (including this one), we will have spent about $2 million more than revenues. That has come out of our reserves, and if not stopped, it will seriously erode our ability to do new things—including surviving a rainy year or two. I also pledge to do whatever I can to end ANS's reliance on a single banking house to manage the approximately $16 million of reserves (our "investment portfolio"). None of us would ever do that with our own investments. Does it seem wise for ANS to do so?