Fwd: IPI

I have been reflecting further on the transition plan.

Frankly, the simplest and easiest transition is the one we talked about months ago. You would remain as President and get someone to serve as Chair, which would be a figurehead position. We could easily name Rubin or Levy to fill this position for the remainder of your term. Walter should be Chief Executive Officer with full and complete operating authority. In this way you would be free from office/financial decisions and could spend your time doing what you want to do for outreach and fundraising. I have full confidence in Walter. He would do the job in an excellent and efficient manner.

The IO is essential to our operations as it gives the Vienna office many tax benefits and access to EU financing.

I, personally, prefer this transition plan. This is the easiest way to proceed and poses no problems that I can see. The apartment should be sold in any event as the need is not sufficient to maintain the costs.

I hope you will reflect on it this week and next when you are on holiday, and we can make a firm decision before the end of March as to which way we are heading. I want a clean, appropriate, and legal transition to present to the Board at our May/June meeting.

I am always available to talk to you at any time. Troubles.

As we have landline

Best,

Rita

Sent from my iPhone