Upcoming Votes

September 16, 2018

Owners of the Whitewater Grocery Co. currently have two upcoming votes:
1.) The election of two board members for the Board of Directors. All Owners will receive an official ballot to be cast by October 14. 

2.) 
The Board of Directors of the Whitewater Grocery Cooperative has proposed an amendment to our bylaws to allow for more Directors to sit on the Board, as needed. This amendment does not create additional seats, it simply gives the Board authority to increase the size of the Board. Any decision to add or remove seats will have to be voted on unanimously by the Board.

The current wording of the bylaws restricts the Board to seven seats. Many Boards increase to nine or eleven seats as the workload increases in the development process. This proposal was made after a self-assessment determined that more capacity and talent may be required as we grow. The change will allow more flexibility to the current and future Boards to meet our organizational needs.

The vote on this amendment will take place at the Annual Meeting of the Whitewater Grocery Co. A quorum of 50 Owners or 10% of our Ownership (whichever is least) is required to vote on this matter.

The Board is recommending a YES vote on this amendment.

Current wording:
4.1 Powers and Duties. The Board shall be composed of seven Directors, elected from among the Member-Owners of the Cooperative. Except for matters for which Member-Owner voting is required, the Board shall have full power to govern the Cooperative, including, but not limited to, hiring management and evaluating its performance, establishing compensation, if any, for the Board, and assuring that the mission of the Cooperative is carried out.

Proposed wording: 
4.1 Powers and Duties. The Board shall be composed of an odd number of Directors, no less than seven, to be elected from among the Member-Owners of the Cooperative. Decisions to increase or decrease the number of Board seats must be made by unanimous vote of the sitting Directors. Except for matters for which Member-Owner voting is required, the Board shall have full power to govern the Cooperative, including, but not limited to, hiring management and evaluating its performance, establishing compensation, if any, for the Board, and assuring that the mission of the Cooperative is carried out.

 

 

 


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