Following the sudden termination of CEO Cindy Chance during a secret board meeting, the Appraisal Institute faces significant backlash from supportive members. Chance's efforts to modernize governance and support appraisers were cut short as she claims she was excluded from vital discussions.
In a letter to members, Board President Sandy Adomatis emphasized, 'We want to reassure you that we take our mission as Directors of the Appraisal Institute seriously. We are moving forward with our progress on the top goals in our Strategic Plan...'
Cindy Chance expressed her disappointment in the handling of her termination, stating, 'People have been saying this would happen since the Q3 board meeting... I heard about them planning to fire me through leaks and innuendo, not from the Board itself.'
Chance maintained that her primary focus had always been the welfare of the members and the appraisal profession, firmly believing in the goals she had set to aid the organization after joining.
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