JenniferH11
Posts: 1
Posts: 1
Posted:
CAN A HOA PRESIDENT BY HIMSELF WITHOUT BOARD APPROVAL GIVE A SALARY INCREASE PLUS BONUS TO THE EXEC DIR?
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HOA PRESIDENT
Started by JenniferH11 • 3 replies • 1202 views
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CarolR11
Posts: 2,560
Posts: 2,560
Posted:
Depends on your bylaws or other docs whether or not the prez has that kind of authority. It also may depend on what's in the contract with your Exec. Dir.
The Prez on the board on which I'm a director has no such authority. Only the board may approve raises
Btw, what IS an Executive Director?
The Prez on the board on which I'm a director has no such authority. Only the board may approve raises
Btw, what IS an Executive Director?
BradP
Posts: 2,548
Posts: 2,548
Posted:
unless your documents speak otherwise or there is something in an existing contract with the ED, then no
TimB4
Posts: 20,986
Posts: 20,986
Posted:
Jennifer,
Are your in the same Association as Liz?
I ask because that exact question was asked on the following thread within this forum:
Subject: President makes unilateral decisions in FL Thread started 2/24/2012 by LizH3
Tim
Are your in the same Association as Liz?
I ask because that exact question was asked on the following thread within this forum:
Subject: President makes unilateral decisions in FL Thread started 2/24/2012 by LizH3
Tim
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