ILMA Compoundings – January 2019 - 20
"Participating with an organization at the leadership level
is important to me," Kudis said. "I am a lifelong learner, and
I enjoy the exposure to a number of different experiences."
Specifically, she enjoys taking part in team decisionmaking techniques and approaches and using her leadership
and communication skills. She also enjoys learning the
different legal protocol specific to each type of organization
and appreciates the importance of due diligence, as well as
fiduciary responsibility and proper process.
"When she does something, she does it
full-force with the Association in mind."
Chuck Decker, president, American Oils
Association a more accurate number for reserve funds based
on quantifiable risks, but also provided insight into the
financial risks that need to be managed on a regular basis.
The task force also recommended appointment of an
investment management company that specializes in associations and has redefined ILMA's investment policy statement
to include an additional risk category for "program reserve."
Kudis said the next goal is to develop the "spending policy"
to determine how to best use the program reserve funds to
"She took the ball and ran with it and led us to a final
place that was right for the organization at the time," Decker
said of Kudis' work on the task force. "When she does something, she does it full-force with the Association in mind."
Decker noted that all of Kudis' work for ILMA is on a
volunteer basis, and she manages it while leading Allegheny
Kudis also uses her leadership skills within several
organizations she cares about. She is a board director for the
Epilepsy Association of Western and Central Pennsylvania, a
founding board member and president of the Westinghouse
Arts Academy Charter school board, her homeowner's
association board president and a former board member of
her local YMCA.
| COMPOUNDINGS | ILMA.ORG
ON A MISSION TO SUCCEED
Several significant issues are facing ILMA members this year,
including obsolete oils, transportation challenges, the truck
driver shortage, original equipment manufacturer licensing costs that can challenge small businesses, government
regulations and the overall perception of the oil industry. By
pooling resources and coming together as an industry, Kudis
said, ILMA members can work together to address all of
"Having been part of ILMA for some time, I understand
the amount of work its leadership invests in preparing
resources to help its members," Kudis said. "Everything
from technical education and regulatory updates to networking are available. Even though a lot of these resources
are easily found online, they are not accessed as much as
they should be."
Kudis said she would like to see members better engage
all of the resources that are available. "I see one of my roles
as an ambassador of ILMA, helping to communicate its
benefits to all members," she said, adding, "and as chair of
the Finance Task Force, I plan to focus on continuing our
mission by further defining the spending policy and determining which programs or member benefits will best fit the
use of the program reserve funds - putting that money to
work for programs and services that benefit members."
She also looks forward to contributing to the ILMA's
Foundation Board as the foundation engages its new
mission to identify additional educational opportunities,
research initiatives and other programs to serve the ILMA
membership and the industry.
Decker said he looks forward to the leadership Kudis will
offer during her term. "She puts her whole heart and soul
into this," he said. "She is a smart individual, and she is all
about the team. She will make a great president."
Croghan said he is honored to have Kudis follow his presidency and said ILMA will benefit from her tenacity. "She is
very thorough and process oriented," he said. "Barb will be
a fantastic president to our Association, and I am happy to
support her efforts this next year."
Long is a freelance writer and journalist. She can be reached at
925-750-7163 or firstname.lastname@example.org.
ILMA Compoundings – January 2019
Table of Contents for the Digital Edition of ILMA Compoundings – January 2019
Letter From the Ceo
What’s Coming Up
In the Know
ILMA Compoundings – January 2019 - Cover1
ILMA Compoundings – January 2019 - Cover2
ILMA Compoundings – January 2019 - 1
ILMA Compoundings – January 2019 - 2
ILMA Compoundings – January 2019 - Letter From the Ceo
ILMA Compoundings – January 2019 - Inside Ilma
ILMA Compoundings – January 2019 - 5
ILMA Compoundings – January 2019 - 6
ILMA Compoundings – January 2019 - 7
ILMA Compoundings – January 2019 - What’s Coming Up
ILMA Compoundings – January 2019 - 9
ILMA Compoundings – January 2019 - Industry Rundown
ILMA Compoundings – January 2019 - In the Know
ILMA Compoundings – January 2019 - International Insight
ILMA Compoundings – January 2019 - 13
ILMA Compoundings – January 2019 - Market Report
ILMA Compoundings – January 2019 - 15
ILMA Compoundings – January 2019 - 16
ILMA Compoundings – January 2019 - 17
ILMA Compoundings – January 2019 - 18
ILMA Compoundings – January 2019 - 19
ILMA Compoundings – January 2019 - 20
ILMA Compoundings – January 2019 - 21
ILMA Compoundings – January 2019 - 22
ILMA Compoundings – January 2019 - 23
ILMA Compoundings – January 2019 - 24
ILMA Compoundings – January 2019 - 25
ILMA Compoundings – January 2019 - Business Hub
ILMA Compoundings – January 2019 - 27
ILMA Compoundings – January 2019 - Counsel Compound
ILMA Compoundings – January 2019 - 29
ILMA Compoundings – January 2019 - Member Connections
ILMA Compoundings – January 2019 - 31
ILMA Compoundings – January 2019 - Portrait
ILMA Compoundings – January 2019 - Cover3
ILMA Compoundings – January 2019 - Cover4