Galvin and Associates

Archive for August, 2025

All boards need to provide an appropriate level of accountability for the organizational leader. Sometimes boards are too timid as a group to provide that accountability. Other times, an organizational leader is powerful enough that he or she resists any efficacious accountability. At all costs, the board needs to retain its ultimate authority over the organizational leader. It cannot let the organizational leader also run the board. It cannot let the organizational leader impede the board’s fiduciary duties. By law, the board must act as responsible caretakers of the organization.