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<blockquote data-quote="pemanager" data-source="post: 668294" data-attributes="member: 5027"><p>Without getting into the merits of the board or its size, they have almost nothing to do with running the business on a day to day basis. I'd have to pull up some files to see what their exact responsibilities are but is more about auditing, compensation and very big picture view. Someone from a relish company could be bringing financial expertise, human resource expertise, etc but they do not create the business plan, methods, etc. I do believe, without taking the time to verify, that there are regulations in place that a percentage of a board of a public company have to be outsiders and I don't think we want someone with package expertise (FedEx) on our board.</p></blockquote><p></p>
[QUOTE="pemanager, post: 668294, member: 5027"] Without getting into the merits of the board or its size, they have almost nothing to do with running the business on a day to day basis. I'd have to pull up some files to see what their exact responsibilities are but is more about auditing, compensation and very big picture view. Someone from a relish company could be bringing financial expertise, human resource expertise, etc but they do not create the business plan, methods, etc. I do believe, without taking the time to verify, that there are regulations in place that a percentage of a board of a public company have to be outsiders and I don't think we want someone with package expertise (FedEx) on our board. [/QUOTE]
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