April, 2024

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Fight for balance on your board!

Berkonomics

Email readers, continue here…] Some board members find themselves debating whether there should be an expansion from five to seven, from seven to nine or more to allow for such a mixture of protective seats created by the investment documents and balance with outside board members. How about the size of the board?

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Are your board members as valuable as you?

Berkonomics

A true story… [Email readers, continue here…] One of the CEOs in a round-table who had been active and vibrant for years in both his company and the round-table, died suddenly of a heart attack. Sometimes this means having a board member step in for a short time as CEO for continuity. first appeared on BERKONOMICS.

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Should board members be elected “for life?”

Berkonomics

We have investigated the restrictions imposed by investment documents and the obvious need to keep continuity on the board with the retention of the CEO position at the very least. Email readers, continue here…] That’s appropriate for non-profits for the reasons listed above. Practically speaking, this is an impossible goal.

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