Board CEO Trust

The Nonprofit CEO Exceeds His/Her Authority–What Happens Then?

The Nonprofit CEO Exceeds His/Her Authority–What Happens Then?

By: Eugene Fram

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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…)