APHON’s Conflict of Interest Disclosure Policy

APHON has adopted a conflict-of-interest policy to ensure transparent and appropriate decision-making, particularly in material transactions and relationships involving APHON and its affiliates.

The policy requires individuals to disclose any relationship that could present a real or apparent conflict of interest, such as transactions that might financially benefit the individual or a related party. For instance, if a director’s employer has a potential contract with APHON, this would be considered a conflict of interest. Once disclosed, the individual can present their views but must recuse themselves from further discussion and voting on the matter. If the transaction is approved by a majority of disinterested decision-makers, it may proceed.

Affected individuals include APHON-elected officials and committee leaders and others acting on behalf of APHON. Related parties include spouses, children, employers, and companies significantly owned by the individual.

These individuals must annually submit a statement regarding their activities and those of related parties. The policy also prohibits certain situations where inherent conflicts could harm APHON, such as serving on boards or committees of competing organizations.

Adopted October 7, 2004; Revised January 2021, June 2024)