Title
Resolution - Approval of Directors’ Conflict of Interest Policy - Board of Directors and Other Officials - J Rickman/M Butler
Other Info
Submitted By: Julie Rickman
Department: Compliance
Financial Impact and Cost/Benefit Considerations: N/A
Discussion
Pursuant to the Board’s Policy on Policies, the Board of Directors (“Board”) routinely reviews all Board policies as part of its policy management. Under the Board’s approved review schedule, the Board may now consider review of the Directors’ Conflict of Interest Policy - Board of Directors and Other Officials (“Policy”).
This Policy was adopted to establish the framework for how the Board addresses conflicts, appearances of conflicts, and the disclosure of necessary information to ensure transparency and integrity in decision-making.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that pursuant to its regular review of Board policies, the Board has reviewed and adopts the Directors’ Conflict of Interest Policy - Board of Directors and Other Officials, with such changes, if any, as were approved by the Board; and
BE IT FURTHER RESOLVED that the Chief Executive Officer, or designee, is hereby authorized to take any actions as may be necessary to implement this resolution.