Your Board of Directors

GOVERNING BODY

"The Board of Directors is a group of individuals who serve as the governing body of the cooperative. In most cases, the members of a worker cooperative elect the Board of Directors. The Board of a cooperative has legal responsibilities to be loyal to the company, to act with care and honesty and to operate the company for the benefit of the membership. The Board sets its company’s goals and strategies and makes important decisions such as whether to borrow money, purchase capital assets and hire executive management."-- Co-opLaw.org