Matt Cropp 🌲🌲 · @mattcropp
2098 followers · 7919 posts · Server social.coop

Ugh, my favorite in has just proposed a bylaws amendment that would give the board the power to modify both the bylaws and the charter without ratification via member referendum. Which would remove a major firewall.

Hopefully the campaign to reject the proposal can be more of a call-in than an antagonistic messy governance fight. But, regardless, I'd really rather not need to spend energy on this... 😞

#coops #coop #coopgovernance #creditunions #vt #demutualization #vermont #creditunion

Last updated 5 years ago

Matt Cropp 🌲🌲 · @mattcropp
2100 followers · 7922 posts · Server social.coop
Matt Cropp 🌲🌲 · @mattcropp
2100 followers · 7922 posts · Server social.coop

" found a firm to take a majority stake in the company on Thursday in a shift away from the hardware company’s cooperative structure. ... The Acon deal must earn the support of half of True Value’s member retailers in a vote at an upcoming special shareholder meeting on April 13. If it goes through, the deal is expected to close near April 18."

😡

bizjournals.com/chicago/news/2

#truevalue #privateequity #demutualization #coop #coops #purchasingcoop

Last updated 7 years ago

Matt Cropp 🌲🌲 · @mattcropp
2100 followers · 7922 posts · Server social.coop