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What are your thoughts on the President of the board who contacts the co-op attorney to rat out a fellow board member when they think that maybe they did something wrong. It’s not even that serious but it happened two times already. The President didn’t even consult the other board members .
Join the Conversation Comments (1)This President tries to find anything to get this board member out. It’s such caddy nonsense and then they want to know why no one wants to run for the board or ask questions or shows up to Annual. They really don’t care or respect them.
If enough other shareholders feel as you do, then you all should organize and propose your own slate of candidates. Then vote the entire existing board out. It will be very messy, but short of taking any sort of legal action, the best way I can think of to resolve the problem.
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Depending on the situation, It sounds like the President may be acting very prudently.
If the President becomes aware of some action by another board member that "may be wrong", the President may first want to find out if there are any legal ramifications to the action, and may also want advice on the best and least harmful way to deal with the action.
As for not consulting with other board members, the actions of the errant board member may cause embarrassment or show a lack of good judgment, and the President wants to spare the board member any blowback.
Talking to an attorney is not ratting out a fellow board member, but a good way to get an idea of the consequences from different courses of action.
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