Hot Springs Village Property Owners’ Association (HSVPOA) held its March 18, 2020 meeting in isolation at the HSVPOA Conference Room, due to escalating COVID-19 concerns.
Board Directors at the meeting were: Chairperson, Cindi Erickson; Vice Chairperson, Tormey Campagna; Parliamentarian, Nancy Luehring; Diana Podawiltz; and Mike Medica.
Also sitting at the table were Chief Executive Officer (CEO) Lesley Nalley and Chief Financial Officer (CFO), Liz Mathis.
Near the end of the meeting, Chair Erickson addressed the CEO’s contract. She said she wanted to make sure everybody hears her comment. This is what she said:
Erickson: “As per Article 9, Section 1 of the Bylaws, the Board reviewed the performance of CEO, Lesley Nalley for calendar year 2019. During that review, the following achievements were noted with appreciation.“
- “The transition from Village Homes and Land to a realtor-based marketing program for POA lots,“
- “A clean audit report, regarding the POA’s financial statements, indicating compliance with GAP principles for a second year in a row,“
- “That Lesley represented the Association to regional, statewide and industry representatives exceedingly well,“
- “That her staff unwaveringly commends her leadership,“
- “Key metrics which represent financial health of the Association such as:
- Funding of reserves,
- Avoidance of decapitalization,
- Debt ratios in sustaining member equity continue to be upheld,
- Lot and rooftop targets were met, and
- Progress on infrastructure deferred maintenance reduction- notably that all lift stations became fully operational.“
“The Board and CEO Nalley have reviewed the terms of her current employment contract and together we have chosen to affirm them as they currently stand, with no revisions.“
“The contract will auto-renew with these same terms on April 1, 2021, unless terminated.“
“So I wanted to make that statement with appreciation for everybody’s participation in the process. Thank you.“
***
Thank you for reading. If you would like to submit an article for publication on this website, please contact Cheryl Dowden at pennywisebuys@gmail.com. Be sure to bookmark this site so you don’t miss any updates.
Click here to visit us at our Private Facebook Group.
By Cheryl Dowden, March 19, 2020
“
Parker Dethardt
03/19/2020 — 7:17 pm
Be interesting to see how the broad voted. In my mind she only cares about herself. Bucks the court order about open information. She also spend money like sailor on shore leave. The broad need to hold her feet to the fire on spending.
I though the broad would pass this duty to the new broad after the up coming election. I think the majority think very little of this broad, I see no strong members at all, So sad.
Kirk Denger
03/20/2020 — 10:52 pm
The legacy board is only patting themselves on their shoulders by patting the CEO on her shoulder. A goal of 60 rooftops is not achieved by giving away 20 building permits to the secret Siega project in the last week of the last month of the year! Those “rooftops” have not even started the foundations. Village homes and Land approved by the legacy Board lost 1 million per year for each year of operation. Please do not get me started with selling “Naming” rights of the pool!!!! The pool is the “DeSoto Pool”… always has been and always will be. As for the automatic renewal “unless terminated” of the CEO contract, more than one contract attorneys and a Judge beg to differ: the CEO contract will not renew with a simple majority vote by the Board in writing not to renew. The CEO will be happier to resign on April 15th, 2020 than being removed for cause.
Valerie Phillis
03/25/2020 — 9:31 am
Well said Kirk.
Jama Lopez
03/19/2020 — 7:26 pm
The good news is……
They did NOT extend the contract past 2021. Our biggest concern was they would tack a couple more years on the contract. True, it automatically renews unless 6 of 7 board members vote to not renew. Time to email the “Nalley board members” and let them know we, the people, want a change!
steve bylow
03/20/2020 — 11:30 am
Jama – I agree, this is very good news.
The Board Chair was “Transparent” and the majority of Board Members recognized it would have been poor judgment to extend the Contract at this time.
Steve
Elizabeth H Berry
03/19/2020 — 7:31 pm
Will she get her mega bonus seeing how she did such a good job….
We, the people, should be able to vote for a ceo, not the board. She hasn’t anyway of controlling the majority of the people like she does the board.
A change in bylaws is in order. My vote is to get her out. Another year of her mismanagement and we are sunk. What flowery words used to extend her contract. Certainly does not fit her performance.
Thornton Ferry
03/19/2020 — 7:49 pm
REALLY!!! This is considered an “achievement!”
“The transition from Village Homes and Land to a realtor-based marketing program for POA lots,“
REALLY!
I would look at this as LN finally figuring out what Property Owners knew from the start – that this venture was doomed for failure and now she’s getting credit for terminating this failed department after wasting our assessment money on it! REALLY!
It’s called “SPIN!”
I’d have so much more respect for the legacy BOD members and turncoat Tormey if they just spoke the truth and advised LN that she FAILED at this venture!
It’s like one of us causing a car crash and then cleaning up the highway of all the debris and getting “credit” for the cleanup after injuring people.
Lesley is the “no consequence” CEO. Nothing she does to damage the Village will ever be considered WRONG by the legacy BOD and turncoat Tormey.
They ALL NEED TO BE REMOVED!
Valerie Phillis
03/25/2020 — 9:34 am
Agree, how can you praise the real estate business failure??? Totally ignorant.
SD
03/19/2020 — 8:05 pm
Was there really any doubt this would happen, please. Are we really shocked
Anonymous
03/19/2020 — 9:35 pm
Of course her staff has unwavering support for her.
They are scared to death of being fired if they say one word against her. That was made clear to all employees about 2 years ago.
Moe
03/20/2020 — 5:40 am
These accomplishments are amazing and need to be rewarded by the full amount of the bonus clause.
What other choice do we have?
Things are going quite well in HSV and we only have one person to thank for that.
Let’s thank her with the full bonus.
Quickly.
Jerry Carroll
03/20/2020 — 8:36 am
How closely related to Leslie Nalley are you so we get it on the record. This board particularly including the turncoat Compagna deserve the infamy in which they will now slink, back into the obscurity they were summoned from by the string-pullers of the past. Seeing the handwriting now so legible on the wall, Leslie will be getting her resume in order. A future employer, if any is found, would do well to note the bitterness and controversy stirred by her overweening ambition and arrogance.
Anonymous
03/20/2020 — 3:14 pm
Amen
Anonymous D
03/20/2020 — 3:16 pm
Amen
Ron Williams
03/20/2020 — 6:01 am
Her “Staff” includes most of the current Board members. They consider closing Village Homes an achievement when she created it and lost huge $$ then only closed it after pressure from Village People.
Time for change. LTD get her out and let’s get this place back.
Mark
03/20/2020 — 6:09 am
With the new social distancing practices, isn’t it dangerous to keep those lips so firmly planted on her behind? Count the votes, install the new board and terminate the contract!
Mark
03/20/2020 — 8:15 am
Mr. Williams, you have hit the nail squarely on the head!
Julie
03/20/2020 — 8:49 am
I agree. How is closing a failed enterprise a great accomplishment?? No one in their right mind ever would have done the land and homes thing. Not a single thinking person. It was doomed from the start, just like everything else these fools try, including the “cmp”.
Now they want to restrict what people share from their meetings because there is too much searching??? What a sad, sad, pathetic bunch of incompetents.
Karen Bump
03/20/2020 — 9:33 am
Why was her failure to meet the goal of building trust with property owners not mentioned? She has certainly failed goal. And how were the employees surveyed to give her an overwhelming vote of confidence?
Did they only count new home permits or actual increase in the number of utilities coming online? I would just like to understand the methodology for the metrics behind the statements. Of course, we will never know this.
Vicki Walston
03/30/2020 — 12:21 pm
In today’s climate, I give this Board enough credit to know that paying NL a bonus for doing her job would be a poor testament to their integrity! The vote for her bonus results needs to be published!!
Minn Daly
03/20/2020 — 9:54 am
HSVBOD neglected to attribute some of CEO Accomplishments like this list! 1. Disrespecting an elected BOD member Dick Garrison costing owner members attorney fees that Owner members can’t access cost on this action. ‘. 2. 500,000 on CMP plan that majority owners do not want. ‘. 3. Attempting suggestions to take phones recorders from owner members. 3. Taking away members right to speak after BOD meeting, attempted to eject by police several members from speaking at podium on matter of community interest. ‘. 4. Continued lawsuits that have cost POA thousands of dollars! 5. Hireing of POA staff that no one knows what they do at outrageous cost! 6. Infrastructure in need of repair Not surprised that this BOD thinks this CEO has performed? Question is what was the performance about? This problem is not just about the CEO it is all about this BOD. They allowed the CEO to take charge, what else would you expect them to say except “good job” ! We need LTD to be announced on the 24th, then perhaps we can move forward with POA BOD leadership.
Andy Kramek
03/20/2020 — 10:09 am
Hmm, so let’s take these “achievements” in order:
[1] The transition from Village Homes and Land to a realtor-based marketing program for POA lots.
Did I forget something or was not the CREATION of Village Homes and Land (and the downtown Visitor Centre) one of Lesley’s “achievements” a couple of years ago? So closing down one of her earlier “achievements” is now a new accomplishment?
[2]A clean audit report, regarding the POA’s financial statements, indicating compliance with GAP principles for a second year in a row.
What is the role of the CEO in the preparation of an audit report? Isn’t that the CFO’s responsibility?
[3] That Lesley represented the Association to regional, statewide and industry representatives exceedingly well.
First, I don’t remember seeing that as one of her goals. Second what it means is that she attended lots of conferences and shows that we paid for.
[4] That her staff unwaveringly commends her leadership.
First, since when is this an achievement? Surely good leadership skills are essential for any CEO and exhibiting them is not an “accomplishment” but a requirement of the job. Anyway this may even be true for her cronies but does anyone else think she has good leadership skills? Evidence is that she is a bully who uses her authority and position to intimidate people – that is not leadership.
[5] Key metrics which represent financial health of the Association.
Really? The CEO is responsible for these achievements? In other words she claims to have met the targets that she set for herself! Wow! What an accomplishment.
Does anyone really believe this nonsense? What it does prove is that the “ceo” has total control of the current board, who will do whatever she wants. I suppose that we should be thankful that at least they haven’t (YET!) extended her contract, but I suspect that would have been a ‘bridge too far’ for even the sycophantic nincompoops who form the majority on the Board today.
Gary Puffer
03/20/2020 — 1:35 pm
Andy, I’m so with you on all the points you made. It’s a sad day when just doing her job, badly I might add, constitutes exceptional work. There are no true metrics that the board has implemented to gauge the CEO’s performance. When the new board gets elected, I would encourage the board to set up quantifiable metrics for the CEO and rate her performance accordingly. Then, we can fire her legally for not doing her job or, at the least, not extend her contract. This practice should be accorded to all top management positions. For a start, create a metric for the Director of Golf. How this guy (Heffer) continues to get paid approximately $150 K a year when the golf department loses around $1 million dollars a year is beyond comprehension.
Arkansans for Ethical Government
03/20/2020 — 10:26 am
Our recent email described special interest groups targeting this community and using you as a medium for that activity. This website repeatedly targets community leadership and gets near zero responses to calls for helping neighbors and other community minded posts. Please go on the record publicly here and state your relationship with Cooper Communities or ReMax of Hot Springs Village? This message is being screen shot and will be used in future messages to prove your censorship if you fail to post and respond.
HSVP C
03/20/2020 — 10:39 am
First, your email was bogus and you are a pro-management group.
Secondly, we do not “target” anyone, but tell the truth.
Third, we had a phenomenal response to the requests for help.
Fourth, your accusations against these businesses and us are false allegations. Insinuating that these companies are buying politicians or us is an outright lie.
Fifth, you are considered a troll and any future messages you post will be removed.
Sixth, you are a coward who will not use your real name(s).
And lastly, screenshot all you want. I don’t care.
Chipmunk
03/20/2020 — 11:14 am
Just a thought. If you let these trolls continue to post it would serve to further expose them for the asses and fools that they are.
Also, “ethics”, if they had any, would mean that these asses should identify themselves. All the rest of us squirrels and chippies want to know.
Anonymous D
03/20/2020 — 3:19 pm
Your rightk
Telling It Like It Is!
03/20/2020 — 11:17 am
To: Arkansans for Ethical Government. First, let’s recognize this is not an official group. They are not registered with the Secretary of State. They are not part of the State government. They sent out bogus, inaccurate information using Constant Contact from two separate addresses that were also bogus and further was sent from the email address assigned to SCOTT MCCORD. To suggest this site is somehow tied to either CCI or ReMAX is nothing short of spreading FUD (Fear, Uncertainty, and Doubt). To even suggest that companies or even individuals are somehow conducting illegal activities by supporting candidates they desire to represent their community, is wrong on several levels. It is not this site, nor any of the individuals who choose to contribute their writings to it have done nothing wrong and their desire to bring about change lies squarely at the feet of both the previous boards and the dictatorial approach of the administration. You are also welcome to take all the screenshots you want, but it doesn’t change the fact that property owners are not happy with the current direction and they want a change.
Arkansans for Ethical Government
03/20/2020 — 11:38 am
Have Hot Springs Village People or their previous political action group We the People registered with the Secretary of State? Who is Scott McCord? Me thinks you are blinded by internal politics.
Karen Daigle Lundberg
03/26/2020 — 10:31 am
Arkansans for Ethical Government – are you registered with the Secretary of State? And in your “ethical” investigations, what have you to say about the ethical improprieties regarding ISN and our security gates?
Melinda Noble
03/20/2020 — 11:25 am
What does it say about this BOD if they consider achievements correcting one mistake, attending meetings well?? and having a staff who’s jobs depend on Lesley say what a great leader she is? I think is says more about the BOD’s low standards and lack of judgment than it does Lesley, she is laughing all the way to the bank.
Tom Blakeman
03/20/2020 — 11:29 am
So have the board minions approved the bonus for LN?
Minn Daly
03/20/2020 — 11:42 am
to Arkansans for ethical government, your organization is not recognized or known by Secretary of State but after today will be also looked at by attorney generals office! How dare your so called organization threaten people who write on this site. Threaten the originators of this site. We who write on this site have compassion for our community & have respect for originators of this site. We all have respect for the developer of this community & for myself I am no ones puppet. Please screenshot this message! Minn Daly
Julie
03/20/2020 — 11:55 am
Wow – how brave a man to say he was going to take screenshots!! I sure would want him on my side in any sort of conflict. Bold, decisive action.
I wonder if he knows how to take screenshots? It is not that easy. I applaud his computer knowledge….what a guy!!!!
How very brave!!!!
A man’s man, if you know what I am saying….we need more like to him to right the wrongs of the world….
Andy Kramek
03/20/2020 — 12:37 pm
Hey people. You are doing the trolls work for them! Their objective is to change the narrative and they are succeeding. This post was about the CEO and her “achievements”. Please, don’t feed the trolls. Leave dealing with them to the site administration otherwise you only encourage them.
Julie
03/20/2020 — 1:34 pm
Good point Andy – the little “ceo” has no achievements unless you count destroying our once vibrant community, filling it with distrust, and successfully getting us to all yell at each other instead of to her.
Something to be proud of for sure.
Time for a change….please rearrange…the ship she is sinking…what were we thinking…something is definitely wrong…we were once strong…but for now, so long…distrust abounds…”ceo” hounds, and we are fast losing ground…not so great anymore…we have lost a lot for sure…now our only hope would be….the election of L – T – D !!
And no more turncoats and liars like last time….it is a shame and a crime….not one more dime! These people are rotten to the core…so to save the apple tree…we must elect L – T – D !
Melinda Alvord
03/20/2020 — 1:39 pm
I don’t often comment here, but I’d like to add my support for those who have pointed out that the CEO created the Homes and Land model and forcefully championed it’s creation and on going “achievements”. After relentless opposition from villagers pointing out it’s flaws, the decision was finally made last Fall, during the 2020 budget process, to close the office. The CEO then takes unearned credit for working with the local realtors to do what they are in business to do in the first place. How does that translate into meeting a “Goal”? I’m befuddled.
Moe
03/20/2020 — 3:41 pm
Don’t be confused…the little “ceo” hasn’t ever accomplished anything except, as noted by others, the destruction of our community.
Anonymous aa
03/20/2020 — 3:19 pm
Your right
Kilroy
03/20/2020 — 4:28 pm
That the ‘ceo’ has achieved anything other than polarizing this community is laughable. This board has lost touch with reality. It is so funny to see their pitiful effort to convince anyone that is anywhere near within touch of reality, that she has done anything at all to deserve her compensatory package. Tsk tsk.
What is not funny is the work ahead for Lloyd, Tucker, Dick and Diana.
God help them stay healthy and energetic. What a mess they have to fix. SMH
Marie
03/20/2020 — 4:46 pm
Lesley Nalley’s contract will auto renew.
“The contract will auto-renew with these same terms on April 1, 2021, unless terminated.“
What is the risk to property owners and the benefits to LN due to this action or lack of one?
Sounds like that the BOD is letting her contract roll over a 2nd year as an avoidance tactic. Perhaps so they can claim no responsibility either way, they neither renewed or terminated her contract.
I’ll need to go back to reread her contract. Sadly it likely leaves intact the current T&C’s including her salary, benefits and terms for termination put in place to protect her.
Do we know what other undesirable consequences result from this rollover? What happens if the new BOD votes her out or she resigns?
The previous contract paid her salary for additional time if she was fired. Will that still apply?
What a piece of nonsense that she will get a bonus for unquantifiable and nonsensical achievements.
Have they reset her 2020 performance criteria or did the old things roll over?
In my career I’ve never seen such an inexperienced person in a role for which they had no qualifications and no quantifiable accountability in her performance review.
She can wordsmith her qualifications and performance all that she wants but someone with an accounting degree and a few years in that field does not a CFO or CEO make. Nor does she qualify as having any property manager expertise or the level of leadership required for her job.
Lesley continues to fail miserably and is harming our community, she needs to go. Regardless of her being a legend in her own mind.
Linda nderson
03/20/2020 — 7:58 pm
Let’s get back to the CEO Contract. It should have never been voted upon by the BOD. It now has jeopardized future Boards with their determinations to understand the reasons for this absurd contract with bonus. Now with the Corona Virus threat, the BOD/CEO should take immediate steps to cut and reduce all administration costs and retain our valuable workers who strive to daily keep our properties maintained. Let’s see if money is more important than HSV.
Mark
03/21/2020 — 6:23 am
The only people who craft auto renew contracts are ones who don’t have any idea what they are doing and have zero business acumen.
Mark
03/21/2020 — 1:24 pm
Agreed. These people are absolutely out of their minds. Seriously.
Jerry Carroll
03/25/2020 — 10:00 am
The votes have been counted and the repudiation of Leslie Nalley and her dancing puppets on the BOD is complete. I’m taking bets on whether she shows up for work today or calls in sick.
Anonymous
03/25/2020 — 1:40 pm
I’m waiting for the new Board members to get us a “good” budget and put this Village on sound financial footing. They won’t need any more money from us . because they have all told us that the current Board has been mismanaging our money. Of course, I am certain they will take the $2 million dollars Dick Garrison said he knew was not needed in the budget. That should take care of the subsidies that will be needed to cover losses we will experience due to Covid19. Whew, it is really good he will be on the Board since he is the only one who knows where that $2 million is and we will really need it. I hope the new Board will be able to deal with all the resignations ahead of us. Perhaps. they can turn to the Cooper organization or ReMax for help in finding people we will need to take care of our Village. I am sure happy we will have people managing our Village who won’t need any more money from the Members. Both Cooper and ReMax should be able to handle anything.
Vicki Husted
03/25/2020 — 4:40 pm
Anonymous 03/25/2020 — 1:40 pm,
I sincerely hope you feel better after that little gush of vitriol. Must be painful with all that venom eating away at you.
The people of the Village have spoken, so just wait until the victorious candidates are seated…just hide and watch…THEN if you have anything of substance to say, with any facts to back it up, try having the courage to use your name. It’s quite freeing!
Anonyymous
03/25/2020 — 6:38 pm
I guess we will wait and see, but I certainly hope they don’t come to us and say, oh, we need more money. I think there has been a lot of irresponsible rhetoric by the new Board members and people on this site.
HSVP C
03/25/2020 — 8:28 pm
Anonymous, you are probably aware of the Coronavirus (COVID-19) and this has been a HUGE gamechanger for everyone, including businesses and the POA. We will not meet our budget goals. That is not the fault of any of the Directors and it seems a little short-sighted to say what you have said. What YOU are saying is irresponsible rhetoric. Oh, and it would be great if you would use your name. I do. Why won’t you? – Cheryl Dowden
Lloyd Sherman
03/25/2020 — 8:47 pm
The most recent Anonymous post sounds a great deal like the writings of one Scott McCord. Regardless of who it is, it sounds bitter, hurtful and not providing any support for a group of people who don’t just write posts but actually get out and try and do something about what they feel isn’t right. Because our “rainy day” fund is not adequate to fund operations for more than a couple of weeks, we should be concerned about where the funds are going to come from to not only sustain us through this period but catch up on deferred maintenance while just maintaining what we have. So until you have something constructive to bring to the dance, go back to hiding behind your anonymous label. In the meantime, those of us who want the Village to still be here 50 years from now are going to roll up our sleeves and see how we can stem the slow downward spiral. Constructive input might actually help!!!
Anonymous
03/25/2020 — 9:25 pm
That $2 million. that Dick said she could take out of the budget should take care. of a lot of the financial shortfall from this virus. Then, the rest of you all said. there were too many high-priced staff that should be eliminated and that Lesley Nalley was mismanaging the funds she had to work with. Sounds to me as if you. all have it figured out. There should be no problem.
HSVP C
03/25/2020 — 9:40 pm
It sounds to me like you are rambling. Tell us your name. Afraid to show your face? – Cheryl
Anonymous
03/25/2020 — 10:04 pm
Not rambling at all. Just feel it is prudent to hold the new Board members to the rhetoric all of you were pushing for a couple of years. You gave Lesley Nalley no slack, and now you want everyone to understand why the new Board won’t be able to perform the way you were all saying they would. Just think you should know there will be people watching and judging their performance against what they said it would be. That certainly seems fair to me.
Gene Garner
03/26/2020 — 9:18 am
“The contract will auto-renew with these same terms on April 1, 2021 unless terminated.”
Not being a lawyer, I can’t state with certainty what this means but it sounds to me that her contract will “auto-renew” for two more years until March 31, 2023.
That means to terminate her will cost us the remaining months on her contract or between $600,000 – $700,000, depending on her bonuses.
There must be a better (cheaper) way to terminate her and we should spend the time and effort to find it.—Gene
Dave S.
04/05/2020 — 7:24 pm
Anonymous…does your husband know your using his computer ??
Ron Willuams
04/16/2020 — 4:12 pm
During my career I am sure I would have been fired for her “Achievements “. Certainly not bonus worthy.