Board of Directors Candidate – Warren Weber

WARREN WEBER

After living on Seabrook Island for 5 years, I am running for the SIPOA Board of Directors to contribute to SIPOA’s financial planning and budgeting to insure that the Island’s needs are met in a fiscally prudent manner. In particular, I am seeking to fill the Treasurer vacancy that will be created when John Feldman leaves that position in February. I think I have experience and skill set to fulfill the Treasurer’s responsibilities and to provide continuity with the SIPOA Finance Committee.

I have served on the Finance Committee for the past three years. This experience has given me in-depth familiarity with SIPOA’s asset and liability accounts, its income and expense categories, and its operating and capital budgeting procedures. I enjoy good working relationships with the SIPOA staff involved with expenses and budgeting. Further, I hold a Ph.D. in economics, have taught at several major universities, and retired from the Federal Reserve Bank of Minneapolis as Senior Research Officer. During my 45 years as an economist, my focus has been money and banking, so I am very familiar with income statements, balance sheets and financial markets. I am also aware that all policy decisions involve trade offs (there are no free lunches) and that incentives are important (skin in the game matters).

In addition to the Finance Committee, I served on the Long Range Planning Committee for 4 years. This experience familiarized me with several of the critical needs the island will face over the next 10 to 20 years. We should:  improve road drainage on a continuing basis, due to the rise in sea level associated with global warming; replace and upgrade roads beginning in the next 5 to 10 years; re-cut the spit in 10 to 15 years; and begin mitigating the safety and congestion concerns as the Island builds out and ensure that our amenities continue to be attractive to the changing needs of prospective new property owners.

I also served on the Club’s Racquet Sports and Membership Committees (2 years each). Recently, I joined the Exchange Club and became a member of its Board.

My wife, Lee, and I vacationed on Seabrook Island for many years. In February 2012, we decided to retire here and bought a lot. We moved here permanently from Minneapolis early the following year and into the house we built in December 2013. We have been married for 51 years and have two children and four grandchildren. Lee and I are very happy with our decision to retire here. Seabrook Island is wonderful place to live. It is filled with friendly, interesting and caring people. It is naturally beautiful and has great amenities.

I enjoy playing tennis, cycling, a good glass of wine and economics.

-Submitted by the Nominating Committee

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