Page 24 - June 2017 Board Retreat BOOK COMBINED NEW

BOARD MEMBER

CATEGORY ANDY JIM JOHN D JOE AUGIE
OF RESPONSIBILITY TIM

Evaluate and recommend Assist board in carrying out Approving annual Providing stewardship of the Participate and recommend
yearly budgets fiduciary responsibilities budgets corporation’s financial assets direction for the financial
and resources and advising on health of the firm
expenditures, investments and other
decisions intended to improve the
value, stability and longevity of the
firm
FINANCIAL MATTERS Ensuring adequate

financial resources

Evaluate and recommend Assist in staffing discussions/ Setting compensation Advising on personnel matters, Consult and decide on matters
upper level staffing decisions strategic hires/cost reductions - salaries and benefits - including recruiting, hiring of human resources
for senior and terminations, salaries,
management bonuses, stock offerings, titles,
promotions, etc.

PERSONNEL/ COMPENSATION MATTERS Distribution of profits Consult, recommend and

decide on the merit raises,
promotions and ownership of
all staff

BOARD RETREAT JUNE 2017