Governance
CFA Institute, a 501(c)6 organization incorporated in the state of Virginia, and its Board of Governors are committed to upholding a high standard of governance in the US not-for-profit sector. We aspire to align the organization’s public disclosure practices with US public company standards wherever practical and reasonable.
Our governance culture
We believe a philosophy of candor and transparency is the key to facilitating a relationship of trust with our constituents and the public at large.
This page, along with the Annual Reports and 990s, will provide you with ease of access to our disclosure documents and insight into our corporate governance practices and policies. If you have any questions or want more information, please email our Corporate Secretary at [email protected].
Our leadership
As defined by the Articles of Incorporation and Bylaws, the President and CEO, Leadership Team, and other executives report to our Board of Governors, which is the highest governing authority and is responsible for defining our vision, mission, and strategies.
The Board of Governors is the most senior corporate body, with ultimate responsibility for the strategy and the management of the organization. It works in conjunction with the Leadership Team, composed of staff members who manage their respective divisions.
Annual Meeting of Members and Proxy Voting
The CFA Institute Annual Meeting of Members will be held virtually on Tuesday, 22 July 2025, 8:00 am EDT / 13:00 BST / 12:00 UTC. Regular Members are encouraged to participate via live audio webcast. Please see the Notice of Annual Meeting of Members provided in the FY2025 Proxy Statement.
The proxy is solicited on behalf of the CFA Institute Board of Governors. Whether or not you plan to attend the Annual Meeting of Members, please vote your proxy following the instructions provided in the Notice of Annual Meeting of Members. Regular Members are eligible to vote as of the Record Date (15 May 2025). To vote electronically, please visit here.
Those requiring additional assistance with voting can email Election Services Corporation at [email protected] or call toll free +1 (866) 720-4357 / +1 (516) 688-7013.
The CFA Institute Board of Governors recommends that the membership vote For the following:
-
To approve amendments to the CFA Institute Articles of Incorporation and Bylaws
CFA Institute conducted a public comment period soliciting members’ views on proposed changes to the Articles and Bylaws. We appreciate those who contributed their insights and views, and the final proposed amendments benefited from members’ comments and questions. You may read our final report on the public comment period here.
- To elect a Chair and a Vice Chair of the CFA Institute Board of Governors for fiscal year 2026.
- To elect 4 governors, each to serve a term beginning 1 September 2025 and ending 31 August 2028.
- To ratify the selection of an independent registered public accounting firm for fiscal year 2025.
- To transact any other business that properly comes before the meeting or any adjournment.
Learn more in the 2025 Proxy Statement .
Nominations Slate
Officer (Chair and Vice Chair) and Governor recommendations have been approved by the Board of Governors at their Q3 meeting held 3-4 May 2025. Candidate nominations identified below will be presented to the membership for election at the Annual Meeting of Members to be held virtually on 22 July 2025.
Recommendation to serve as Chair on the CFA Institute Board of Governors
(1-year term beginning on 1 September 2025 and ending on 31 August 2026)
-
Marshall Bailey, CFA
Recommendation to serve as Vice Chair on the CFA Institute Board of Governors
(1-year term beginning on 1 September 2025 and ending on 31 August 2026)
- Tricia Rothschild, CFA
Recommendation to serve as Governor on the CFA Institute Board of Governors
(3-year term beginning on 1 September 2025 and ending on 31 August 2028)
- Kyung wook HUR, CFA
- Oyebanji Fehintola, CFA
- Mei Gao, CFA
- Tricia Rothschild, CFA
Proxy Statements
Corporate Governance
Board Committees
The Board of Governors serves in a variety of roles critical to the governance of CFA Institute and utilizes the following committees to assist with the fulfillment of its oversight functions.
Beyond the Board Committees, there are many other ways our members serve the profession, participation on the governing bodies that direct key initiatives at CFA Institute is an essential contribution.
CFA Institute Policies
More in this section
Who we are
Discover how we are positioned to best serve our community of professionals and society.
Our history
Explore our unique history, from our beginnings in the 1940s to our leading global position today.
Careers at CFA Institute
Find out more about how we support you, and apply for a position at our different locations.
