Director Elections for Western
Australia and Queensland
In 2018 an election will be held for Directors in both the Western Australia and also the
Queensland zones.
As a Member, your participation in the election process – as a voter or a candidate – is one of the
most important contributions you can make to your Capricorn.
Capricorn will soon call for candidates in the 2018
Director Election for both the Western Australia and
also the Queensland zones.
Capricorn is ultimately controlled by its Directors.
They set the strategic direction for Capricorn and
also the framework in which the Group CEO and the
Executive team work. Directors are responsible to
the Members for the performance of Capricorn and
must always act in the best interests of Capricorn.
Being a Director is a demanding and challenging
role. It carries with it a great deal of ethical and
legal responsibility. Seeking to become a Director
of Capricorn, however, is one of the most important
contributions you can make to Capricorn.
To be eligible as a candidate in either of the
respective 2018 Director Elections you need to
satisfy all of the following criteria:-
• Be a Member in either the WA or the QLD zones.
• Hold 2,000 or more shares in Capricorn.
• Be involved in a trading automotive or allied
business in either the WA or the QLD zones.
• Demonstrate a high level of commitment to
Capricorn based on purchases using your
Capricorn account.
8 CAPRICORN IGNITION APRIL 2018
• Be of good standing; both within Capricorn and
the wider community.
• Not be a wholesale supplier to any automotive or
allied business.
• Not have any actual or potential conflict of
interest that will create a material risk to the
Board or your capacity to properly perform your
duties.
To provide more information to those Members
who are considering standing as a candidate in the
2018 Director Elections, Capricorn will provide a
Candidate Information Pack.
The Candidate Information Pack will contain details
about what is involved in being a Capricorn Director
and the process for the 2018 Director Elections.
All Members in both the WA and the QLD zones
will also receive shortly, a letter about the election
process and informing them of the release of the
Candidate Information Pack.
If you are considering standing as a candidate in
the 2018 Director Election, then you are strongly
encouraged to request a copy of this Candidate
Information Pack now by contacting Ms. Sarah
Chamberlain, on +618 6250 9591 or emailing:
[email protected].