The Nonprofit CEO Exceeds His/Her Authority–What Happens Then?
By: Eugene Fram
Viewer favorite updated and revised
It happens! When it does, it’s the board’s job to inform the CEO that he or she has taken on too much authority. As a board chair of a human service nonprofit, I encountered such a situation. The CEO signed a long-term lease contract on his own that should first have been approved by the board. The financial obligations involved weren’t significant. (more…)