Annual Report
2015

stronger together

Our Mission

To provide a forum for research, practice development, education, knowledge sharing, and advocacy of the highest ethical and best business practices in management accounting and finance.

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Jeffrey C. Thomson

CMA, CAE

President and CEO

Letter from the CEO

The global marketplace is challenged by complexity, consolidation, competition, and commoditization. Economies are still shaky. Competition – for customers and talent – is fierce. The profession of management accounting has and will continue to make a difference in enabling ethically sound and financially capable professionals and organizations. And perhaps most importantly, IMA – your association – is thriving and stepping up to both the challenge and the opportunity.

IMA’s fiscal 2015 story is one of strength and empowerment. It’s also one of innovation and growth. And it’s a story we should all be proud of and share.

Financially, we are healthy and strong. Our record performance over this last year reinforces IMA’s solid foundation. Our deep, stable roots give us both the security and the incentive to grow – to invest in, build upon, and deliver on increasingly robust, forward-thinking, education-focused, and technology-driven programs, services, research, and partnerships.

IMA’s fiscal 2015 story is one of strength and empowerment.

Innovation: It Starts with the Member

It’s our responsibility to create better value for member investment in IMA. Innovation is integral to fulfilling that promise, and it continues to be an important differentiator in the marketplace. In fact, it’s one of our Global Core Values. We strive to embody Cynthia Barton Rabe’s quote, “Don’t let what you know limit what you can imagine.”

As you’ll see throughout this annual report, innovation is at the heart of IMA’s mission. We are committed to continually developing and delivering new products and services to enhance our members’ careers and to providing an exemplary experience with IMA throughout their career journeys.

Financial health and discipline lead to great things for members, and we aim to empower our members with innovative products and services — now and in the future.

CMA Growth: Raising the Bar

Widely recognized as the leading management accounting credential in the world and the only one prominent in both of the world’s two largest economies, the U.S. and China – the CMA® (Certified Management Accountant) is reaching new heights. Its growth is record-breaking: in fiscal year 2015, more than 3,500 new professionals earned the CMA credential, the highest number in any fiscal year – a 17% increase over 2014.

Everyone who has received the CMA credential truly earned it by passing rigorous exams and fulfilling education and experience requirements. More than 15,500 new CMA candidates and approximately 26,000 total active candidates have embraced the credential’s integrity, rigor, relevance, and trust. For employers, the CMA signifies confidence in an employee’s knowledge and skill set. For individuals, it symbolizes professional proficiency and opportunity. We are empowering people and business for a stronger society.

Values Above All Else

But above all, IMA’s greatest strength shines through our Global Core Values, which guide our conduct and empower our inclusive culture, integrity, and transparency. We are a trusted resource for nearly 80,000 professionals around the world, providing the insight, information, and support they need to succeed as management accountants in an ever-changing and complex environment. We serve our members with tangible outcomes by helping to advance careers, enrich organizations, and enlighten the public.

No one person, nor even a single team, can be credited for all of the achievements you’ll see highlighted throughout this report. IMA is much bigger than the sum of its parts; all of us matter and contribute to our story – present and future. All of us – our leadership, members, volunteers, staff, and partners – are setting a higher standard for the management accounting profession. You should expect nothing less of us.

Thank you for your continued confidence and trust. We truly are stronger together.

together we

grow

We are thriving.

There is strength in numbers. And ours continue to rise – in terms of revenue as well as the number of IMA members, CMA candidates, and chapters around the world. The financial health of our organization gives us the freedom and flexibility to invest in our members. The expanding worldwide presence of both our member base and CMA program worldwide provides unprecedented networking and career development opportunities.

revenue growth to fuel our mission

10%

growth in new CMA candidates

6%

new CMA candidates

15,500

professional and student chapters and councils

300 and growing

My IMA life has been one of adventure, discovery, growth, and development. I don’t know where I’d be today if it weren’t for IMA. Thanks to the constant support, encouragement, and opportunities I’ve received, I have grown into a professional in such a short amount of time. I went to that first meeting looking for a few new contacts, but what I ended up with was something much more profound and lasting—my network.

Katy Hone

assurance associate at CohnReznick LLP and social media director of IMA’s Hartford Chapter

together we

innovate

We create value.

IMA is member-focused. This means we are laser-focused on understanding member needs and developing programs and services designed to boost their learning, expertise, and experience. We’re looking ahead to anticipate industry shifts while looking inward to develop the skills of our team so that IMA continues to deliver cutting-edge, world-class innovation in accounting and business. It’s a long-term vision, but it’s working today to create value for your investment and trust in IMA.

Women’s Accounting Leadership Series (WALS)

In collaboration with Leslie Seidman, former FASB chair and executive director of the Center for Excellence in Financial Reporting at the Lubin School of Business at Pace University, IMA created the Women’s Accounting Leadership Series (WALS) to provide relevant professional leadership development and inspire a call to action for the advancement of women in accounting and finance functions around the world.

The IMA Leadership Experience

The IMA Leadership Experience provides in-person opportunities for students and young professionals to connect with industry leaders, network with IMA board members and staff, and participate in the kind of governance and leadership experiences that are vital for an organization’s long-term success.

Strategic Finance

The recent redesign of Strategic Finance, IMA’s award-winning flagship publication, brings a more modern style that elevates readers’ experiences in both print and online, while the new SFmagazine.com incorporates a responsive design for different digital devices and opens up all of SF’s content to the public.

CareerDriver

Strengthening IMA’s mission, CareerDriver is a new online career planning tool to help members assess their skills against 40 job titles and 28 individual competencies and fill self-identified development gaps.

U/X (User Experience) team and “inspired technology lab”

IMA created the U/X team and “inspired technology lab” to collaboratively master technology that enables innovation and improves the experience IMA members have with our technology platforms and content.

New certificate programs

The Internal Control Series helps users develop an effective, efficient internal control environment that enables strong performance and strategic achievement using the COSO frameworks.

The FP&A Series helps users drive performance through strategic planning, implement a variety of forecasting techniques, and align an operational budget to strategic initiatives within an organization.

As a Lieutenant Colonel in the Marine Corps, I don’t always know where my next assignment will be or the operating environment I’ll be working in. I must be prepared for all contingencies. But I do know the CMA provides the tools to be a better problem solver for senior management—whether they’re in the C-suite or wear stars on their collars.

Rich Brady, CMA, CGFM, CDFM

Lieutenant Colonel in the United States Marine Corps and financial management officer stationed in the Washington D.C. area

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Benjamin R. Mulling

CMA, CPA.CITP

2015 Chair-Elect

joe signature

Joseph A. Vincent

CMA

2015 Chair


Letter from Volunteer Leadership

This annual report isn’t solely centered on IMA’s achievements and progress in fiscal 2015. It also tells the story of service and opportunity for the next fiscal year and beyond. In today’s hyper-connected, super competitive, and ultra-complex world, none of us can afford to stand still. And we can assure you, IMA is evolving quickly.

IMA is growing and innovating rapidly – our membership and record CMA candidate numbers, as well as our next-level products and services, are proof of this. Today, IMA boasts more than 300 professional and student chapters and councils, 31 of which are outside the U.S., including eight new chapters in India. Our education programs and partnerships help fuel that fire.

As long-time IMA members, we have witnessed the power of such endeavors firsthand – and as IMA chairs, we also have had the privilege of hands-on involvement in shaping and leading them. We’re at different places in our careers, and our vantage points and perspectives on life and business are diverse. But we both see and share the excitement and potential for the future of IMA and our members’ careers.

We are investing in the future of our profession.

Education and Experience Go Hand in Hand

The energy of IMA’s Young Professional and Student Leadership Experience is as inspiring as it is empowering. By engaging participants directly in the IMA Global Board meeting, this unique program provides immersive learning opportunities about the importance of the governance process. Remember, while IMA is a not-for-profit entity, it is a multinational organization serving professionals around the world. Student chapters and student membership continue to grow, and the Student Case Competition is attracting and nurturing talent from all parts of the globe; in China, for example, more than 2,200 students, 448 teams, and 129 universities are engaged in this inspiring and relevant leadership event. Launched in March, the new IMA Accounting Honor Society now recognizes top students from more than 150 universities for their academic achievements.

Collectively and collaboratively, we’re helping address and solve the talent skills gap and competency crisis. Our Campus Advocate Program empowers academic influencers on campus as ambassadors to promote the career value of management accounting and the CMA program to students. The IMA Higher Education Endorsement Program recognizes business curricula that meet the quality educational standards required to enable students to prepare for the CMA credential while also equipping them for longer-term career options. Our world-class research, webinars, online content, and other educational tools also serve to bolster the knowledge-based resources available to students as well as emerging and established leaders.

Partnerships Fuel the Future of our Profession

We are investing in the future of our profession – attracting, educating, and encouraging the next generation of management accountants. But we aren't doing it alone. We are forging and nurturing partnerships and alliances to advance the profession and strengthen IMA’s influence. Last year, IMA was named a full voting member of the IIRC (International Integrated Reporting Council), becoming one of only three U.S.-based associations to achieve this honor. Together, we are focused on shaping the future of corporate reporting, amplifying our thought leadership while building upon our advocacy efforts.

It’s an exciting time to be part of IMA. Whether you’re a student or a recent graduate, an accounting professor or a veteran CFO, we’re in this together. The future of management accounting – and of our association – is bright.

together we

educate

We advance careers, business, and society.

Knowledge is power. Building competency in accounting is essential to driving business performance. It matters—and makes a difference—to everyone: It impacts individuals' careers, companies’ bottom lines, and the future of our profession. At IMA, learning never ends. Our innovative, education-focused, technology-driven programs are raising the bar on learning and closing the gaps in skills and talent. The CMA program, Inside Talk and IMA Leadership Academy webinars, research, and other continuing education programs enhance the careers of our members. IMA staff shares this commitment to education too: Our top leaders have earned the American Society of Association Executive’s (ASAE) Certified Association Executive (CAE) credential, and many team members are also CMAs, CAEs, CMPs, CPLPs, and have earned advanced degrees or are on the path to doing so. At IMA, lifelong learning is truly valued.

The IMA Research Foundation

The IMA Research Foundation has funded more than 130 research proposals totaling approximately $1 million through programs such as the Emerging Scholar Manuscript Award, the Doctoral Student Grant Program, and the Incubator Grant Program.

Campus Advocate Program

With nearly 400 Campus Advocates, this program empowers academic influencers on campus as ambassadors to promote the career value of management accounting and the CMA program to students.

Competency Crisis

For three decades, IMA has been at the forefront of the talent gap issue and continues to raise awareness about the skills gap in accounting. We prepare students for the future and enhance professionals' skills to drive business forward in the present.

New Courses and Certificate Programs

New certificate programs in internal controls and FP&A as well as new online courses on topics such as ethics and leadership all advance members' knowledge in critical areas.

IMA Accounting Honor Society

IMA Accounting Honor Society (IAHS) recognizes top accounting students for their academic achievements and offers them an opportunity to differentiate themselves as they begin their careers.

IMA's Higher Education Endorsement Program

IMA’s Higher Education Endorsement Program has recognized 27 business curricula that have met the quality educational standards required to enable students to prepare for the CMA.

IMA’s Annual Conference & Expo

IMA’s Annual Conference & Expo is the organization’s biggest annual event and longest running tradition. The 2016 event will be in Las Vegas, Nev.

Inside Talk and IMA Leadership Academy Webinars

IMA developed and delivered 41 member webinars addressing relevant management accounting and technology topics.

The CMA® (Certified Management Accountant) exam is more than just a managerial and financial accounting test. It’s a marketable and valuable asset that’s a worthwhile but challenging investment requiring a tremendous amount of time and dedication.

Mohamed Rachad Sami Al Saadi, CMA, ACSI

assistant manager in the Corporate Banking Department at Dubai Islamic Bank and member of IMA’s Dubai-UAE Chapter

together we

collaborate

We build bridges.

Teamwork makes the dream work. IMA is underpinned by partnerships and alliances with trusted and reputable organizations and experts who share our passion for shaping and securing the future of management accounting. From the campus to the workplace—and from policy to strategy—our collaborative efforts not only help ensure that we not only have a voice where it matters, but they also strengthen our messages and make sure they ring true in the ears of those we must influence, educate, and inspire. IMA member and staff collaborations are integral to upholding and advancing our mission.

Standing advisory committees and board committees, consisting of IMA member volunteers, work with IMA staff to support member programs and deliver on the specific outcomes articulated in IMA's strategic plan. Likewise, our chapters and councils continuously create localized education and networking opportunities for members. Together we are advocates and champions of our organization and our profession; we are building networks, communities, and continuing education opportunities worldwide.

bridge outline

IMA’s Advisory Committees

IMA’s Advisory Committees advocate to all of the major U.S. national and global regulatory bodies, including the IRS, SEC, PCAOB, FASB, and IASB, to represent members' interests on relevant topics such as quality financial reporting standards, small business issues, and more. These Committees include:

Small Business Financial and Regulatory Affairs Committee – addresses issues that impact small and medium-sized organizations

Financial Reporting Committee – proactively raises relevant issues, such as revenue recognition, leases, and fair value, and suggests solutions on behalf of members and the profession

Technology Solutions and Practices Committee – elevates individual and organizational effectiveness and efficiency through existing and emerging technology solutions and practices

Committee on Ethics – encourages organizations and individuals to adopt, promote, and execute business practices consistent with high ethical standards

International Integrated Reporting Council (IIRC) and International Federation of Accountants (IFAC)

IMA is a full voting member of the International Integrated Reporting Council (IIRC) and the International Federation of Accountants (IFAC), further positioning our organization as a global voice for the accounting profession.

Association of Chartered Certified Accountants (ACCA)

IMA expanded its long-time alliance with the Association of Chartered Certified Accountants (ACCA) and engaged in a new multiyear research program, The Future Today (www.futuretoday.com), a program that covers the future of the global accounting profession.

IMA collaborates with hundreds of approved review course providers around the world, including:

Wiley: CMA Learning Materials partnership in North America and Middle East

Miles Professional Education: enabled expansion into India, a significant growth market for IMA

State Administration of Foreign Expert Affairs (SAFEA) in China

Morgan International in the Middle East

Committee of Sponsoring Organizations of the Treadway Commission (COSO)

IMA is actively involved with the Committee of Sponsoring Organizations of the Treadway Commission (COSO) as a board member and advisor for its Enterprise Risk Management Framework refresh initiative. Strong internal controls and enterprise risk management frameworks enable more ethically sound and financially capable organizations to benefit the public interest.

Corporate Supporters of IMA and the CMA Program

IMA values its alliances with strong corporate supporters of our organization and the CMA program: Ping An Insurance, China South Industries Group, China North Industries Group, Caterpillar, Johnson & Johnson, Cummins, IBM, and Saudi Aramco, to name just a few.

Stuart Cameron McLeod Society (SCMS)

SCMS was founded in 1934 to recognize those who have served IMA and to provide an opportunity for continued friendship and service. SCMS members are vital to IMA's success, generously providing support for IMA's scholarship and mentoring programs.

Expanding global chapter network

IMA’s local ambassadors are an important part of the IMA story of community and service. More than 300 student and professional chapters around the world help to increase the knowledge and experience for our members by providing opportunities for in-person networking, education, leadership, career enhancement, and mentoring.

The local chapter offers unique opportunities to meet new people, listen to great ideas, and stay current on industry trends. While it’s true that these objectives can be achieved remotely via technology, we can’t disregard the value and importance of human connection.

Jyoti Pandey

senior management consultant in global compliance and strategy solutions at Integrity Leadership Partners, LLC, and member of IMA’s Indianapolis Chapter

Leadership

Chair

JOSEPH A. VINCENT, CMA

Governance Committee Chair

Governance Committee

Nominating Committee

Chair-Elect

BENJAMIN R. MULLING, CMA, CPA.CITP

Nominating Committee Chair

Planning and Development Committee Chair

Governance Committee

Nominating Committee

Planning and Development Committee

Chair-Emeritus

WILLIAM F. KNESE, CMA, CFM, CPA

Volunteer Leadership Committee Chair

Governance Committee

Nominating Committee

Volunteer Leadership Committee

Immediate Former Chair-Emeritus

JOHN C. MACAULAY, CMA

Planning and Development Committee

President and CEO

JEFFREY C. THOMSON, CMA, CAE

Governance Committee

Nominating Committee

Vice President, Governance and Volunteer Relations

PATRICIA (PAT) A. STEFANCZYK

Governance Committee Staff Liaison

Nominating Committee Staff Liaison

Volunteer Leadership Committee Staff Liaison

Global Directors

ATUL KUMAR AGARWAL, CMA, FCMA

Planning and Development Committee

SOLAIMAN A. AL-TWAIJRI, PH.D., CMA, CFM, CPA, CIA, CISA, CFE

Governance Committee

Nominating Committee

MARTHA L. ALLE, CPA

Performance Oversight and Audit Committee

AMBER J. ARNHOLD, CMA

Member Relations Committee

Nominating Committee

PAT BASILE, CMA

Member Relations Committee

KRISTINE M. BRANDS, DM, CMA, CPA

Performance Oversight and Audit Committee

PEGGY A. BROWN

Member Relations Committee

ANTHONY N. CASPIO, CMA

Performance Oversight and Audit Committee

ROBERT J. COKE

Member Relations Committee

CHRISTIAN CUZICK, CMA

Planning and Development Committee

DAVID P. DIMARE, CMA, CPA

Stuart Cameron McLeod Society President

Volunteer Leadership Committee

LOUTFI K. ECHHADE, CMA, CFM, CPA, CIA, CCSA, CFSA, CISA, CFE, CBM

Performance Oversight and Audit Committee

ALEX C. ENG, CMA, CFM, CPA

Performance Oversight and Audit Committee

JOHN K. EXLINE, CMA, CPA

Performance Oversight and Audit Committee

HARLAN J. FULLER, CMA, CFM, CPA

Member Relations Committee

SANDRA L. GIBERSON

Governance Committee

Nominating Committee

FRANK P. HOMBURGER, CPA

Performance Oversight and Audit Committee

BENJAMIN M. JACKSON

Member Relations Committee

PAUL E. JURAS, PH.D., CMA, CPA

Performance Oversight and Audit Committee Chair

Governance Committee

Nominating Committee

Performance Oversight and Audit Committee

JANE E. KARLI, CMA

Planning and Development Committee

ROBERT J. LAUX, CMA, CPA

Governance Committee

Nominating Committee

LEONARD T. LONG, CMA, CFM

Performance Oversight and Audit Committee

LARISSA V. LOWE, CMA

Planning and Development Committee

ATHBA S. MAJEED

Planning and Development Committee

CHRISTOPHER MISHLER, CMA, CIA, CISA

Member Relations Committee

BRAD J. MONTERIO

Planning and Development Committee

MARK J. MORGAN

Volunteer Leadership Committee

PAUL MYERS

Volunteer Leadership Committee

MARC P. PALKER, CMA, RTRP

Member Relations Committee

PASCAL PETER, CMA, CIA

Planning and Development Committee

JENICE J. PRATHER-KINSEY, PH.D., CPA

Member Relations Committee

PROFESSOR JUN (MIKE) PU, CMA, CFM

Planning and Development Committee

STEPHEN R. RITTER

Volunteer Leadership Committee

JAMES (JIMMIE) C. SMITH, CPA

Member Relations Committee

KATHRYN A. SMITH

Performance Oversight and Audit Committee

PEMBERTON SMITH, CMA, CFM, CDFM, ASQ, CSSGB

Member Relations Committee

PATRICK J. STROH, CMA

Planning and Development Committee

DAVID (FRANK) D. TEETS, JR., CMA, CPA

Performance Oversight and Audit Committee

TIMOTHY P. TROUT

Volunteer Leadership Committee

JAMES R. WALKER, JR.

Governance Committee

Nominating Committee

SAMUEL C. WEAVER, PH.D., CMA, CFM

ICMA Board of Regents Chair

Planning and Development Committee

PENNY S. WELLER, PH.D., CMA

Performance Oversight and Audit Committee

VIRGINIA (GINGER) D. WHITE, CMA

Member Relations Committee Chair

Governance Committee

Member Relations Committee

Nominating Committee

VICKI L. WHITEHEAD

Volunteer Leadership Committee

R. MICHAEL WILLIAMS, CMA, CPA

Volunteer Leadership Committee

HARRY W. ZIKE, CMA, CPA

Governance Committee

Nominating Committee

ZHIYING (CHRISTIE) ZOU, CPA, ACA, CAE, CBA, CBM, CCM, CCP, CDP

Volunteer Leadership Committee

Former IMA Presidents and Chairs

2013-2014

WILLIAM F. KNESE, CMA, CFM, CPA

Governance Committee

Nominating Committee

Volunteer Relations Committee

2012-2013

JOHN C. MACAULAY, CMA

Planning and Development Committee

2011-2012

BRIAN L. MCGUIRE, PH.D., CMA, CPA, CBM, CITP

Nominating Committee

Performance Oversight and Audit Committee

2010-2011

SANDRA B. RICHTERMEYER, PH.D., CMA, CPA

2009-2010

JOHN M. BRAUSCH, CMA, CFM, CPA

2008-2009

FREDERICK E. SCHEA, CMA, CFM, CPA

Member Relations Committee

2007-2008

JOHN B. POLLARA, CMA

Planning and Development Committee

2006-2007

WILLIAM L. BROWER, JR., CMA, CFM

2005-2006

CARL S. SMITH, PH.D., CMA, CFM, CPA

Planning and Development Committee

2004-2005

CAPTAIN LARRY R. WHITE, RET., CMA, CFM, CPA, CGFM

Member Relations Committee

2003-2004

HON. KIM R. WALLIN, CMA, CFM, CPA

Planning and Development Committee

2002-2003

MARGARET D. BUTLER, CMA, CPA

2001-2002

ROBERT E. BELL, JR., CMA, CPA

2000-2001

FRANK C. MINTER, CPA

1999-2000

C.S. “BUD” KULESZA, CMA, CFM

Performance Oversight and Audit Committee

1998-1999

PAM PRINZ STEWART

1997-1998

KEITH BRYANT, JR., PH.D., CMA

1996-1997

CLAIR M. RAUBENSTINE, CMA, CFM, CPA

1995-1996

WILLIAM J. IHLANFELDT, CPA

1994-1995

KEITH BRYANT, JR., PH.D., CMA

1993-1994

LEO M. LOISELLE, CPA

1992-1993

ROBERT W. LIPTAK, CPA

1991-1992

DONALD W. BAKER, CMA, CPA

1990-1991

STANLEY R. PYLIPOW

1989-1990

THOMAS M. O’TOOLE, CPA

1988-1989

EARNEST A. HUBAND, CMA, CFM, CPA, CBA

1987-1988

JOHN C. ARME, CPA

1986-1987

GLEN E. WOODSON

1985-1986

HERBERT C. KNORTZ, CPA

1984-1985

HERBERT H. SEIFFERT

1983-1984

CHARLES T. SMITH, JR., CPA

1982-1983

LOUIS VLASHO, CMA

1981-1982

EMIL SCHARFF, CPA

1980-1981

ROBERT J. DONACHIE

1979-1980

R. LEE BRUMMET, PH.D., CPA

1978-1979

CLEMENS A. ERDAHL, CPA

1977-1978

R. LESLIE ELLIS

1976-1977

GEORGE D. GEE

1975-1976

LAFE P. FOX

1974-1975

ARTHUR P. BARTHOLOMEW, JR., CPA

1973-1974

ROBERT G. CHAPMAN

1972-1973

ROBERT BEYER

1971-1972

JULIUS G. UNDERWOOD

1970-1971

ETTORE BARBATELLI, SR.

1969-1970

GRANT U. MEYERS

1968-1969

JAMES E. MEREDITH, JR.

1967-1968

THOMAS L. MORISON

1966-1967

FIRMAN H. HASS

1965-1966

JOSEPH L. BRUMIT

1964-1965

COLIN A. STILLWAGEN

1963-1964

MERWIN P. CASS

1962-1963

JOHN B. BACHOFER

1961-1962

DONALD G. EDER

1960-1961

GEORGE A. HEWITT

1959-1960

LESLIE I. ASHER

1958-1959

JOHN B. INGLIS

1957-1958

HAROLD W. SCOTT

1956-1957

PHILIP J. WARNER

1955-1956

CHARLES R. ISRAEL

1954-1955

ALEXANDER J. LINDSAY

1953-1954

I. WAYNE KELLER

1952-1953

J. BROOKS HECKERT

1951-1952

HERMAN A. PAPENFOTH

1950-1951

WILLIAM B. MCCLOSKEY

1949-1950

LOGAN MONROE

1948-1949

CLINTON W. BENNETT

1947-1948

MASON SMITH

1946-1947

WILLIAM J. CARTER

1945-1946

FRANK KLEIN

1944-1945

MARTIN A. MOORE

1943-1944

JOHN H. DEVITT

1942-1943

WYMAN P. FISKE

1941-1942

HARRY E. HOWELL

1940-1941

VICTOR H. STEMPF

1939-1940

C. HOWARD KNAPP

1938-1939

J. HUGH JACKSON

1937-1938

WILLIAM F. MARSH

1936-1937

F. RICHMOND FLETCHER

1935-1936

GRANT R. LOHNES

1934-1935

ERIC A. CAMMAN

1933-1934

ARTHUR H. CARTER

1932-1933

HARRY A. BULLIS

1931-1932

THOMAS H. SANDERS

1930-1931

V. W. COLLINS

1930-1931

WALTER S. GEE

1929-1930

ADDISON BOREN

1928-1929

FRANK L. SWEETSER

1927-1928

CHARLES R. STEVENSON

1926-1927

C. M. FINNEY

1925-1926

CLINTON H. SCOVELL

1924-1925

WILLIAM S. KEMP

1922-1924

J. P. JORDAN

1920-1922

WILLIAM M. LYBRAND

1919-1920

J. LEE NICHOLSON