Board Governance - The Challenge of Credit Union Board Governance
BY JOHN GREGOIRE, PARTNER KNG, INC.
In 40+ years working with credit unions, I have had the opportunity to work with literally hundreds of Boards. The most valuable experiential lesson of those years has occurred in the last five. My epiphany occurred during a CEO succession discussion. In this case, the CEO had given the Board a time-certain for their retirement. This made the succession discussion “real time”.
The Board asked me to assist them in developing a plan for assessing potential candidates for the CEO position. This was essentially a “pre-search” process. All Board members understood the enormity and importan...
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