Quote:
Posted By JimB37 on 02/04/2019 11:15 AM
It is my contention that Directors should be able to freely express their opinions by virtue of their votes without being unduly influenced by external factors such as worrying about the consequences of voting against their employer. The existence of such a relationship introduces the potential for such a circumstance.
Certainly this potential exists, but in the absence of any law or provision in the governing docs prohibiting it, it is up to the membership to decide via the voting process whether this is acceptable to them.
It is not uncommon for one strong willed owner to recruit syocphants to run for board positions with them so they effectively control more than one vote on the board, this may or may not be a similar case.
I'll add that just because there is an employee/employer relationship, that doesn't necessarily mean the employee would always agree with the employer. This is pretty hypothetical in my case since my boss lives in a different part of the country than I do, but I certainly wouldn't be concerned with currying favor with him if we were on the same board.
Escaped former treasurer and director of a self managed association.