Resolutions by Westar’s board of directors

? Thursday’s 367-page report from Westar Energy’s board of directors included nine resolutions seeking specific action based on the internal investigation.

The resolutions would:

  • Seek reimbursement for personal travel on corporate aircraft by former executives and their families, including David Wittig, Douglas Lake, Carl Koupal, Richard Terrill and John Hayes, over the past five years. The company also would review policies regarding travel, aircraft acquisition and related accounting and reissue W-2 forms for former executives restating earnings.
  • Review the claims by executives under a plan that allowed them to take cash for millions of dollars of life insurance coverage.
  • Review the rights to claims of stock shares by Wittig and Lake.
  • Review Westar’s $400,000 investment in 2001 in QuVis Inc., a struggling digital compression company. The review would include seeking losses incurred by Westar from Wittig and Lake.
  • Approve a policy by management restricting access to information relating to shareholder votes and the tabulation of the votes.
  • Submit a revised schedule of authorization relating to authority of officers at the senior vice president level and above.
  • Review and adopt a policy on political fund-raising.
  • Evaluate public disclosure policies regarding compliance with federal and state laws.
  • Update the company’s ethics and compliance program, including providing regular training for employees.