2020 Board Elections
Have you ever considered running for the FBFC Board of Directors?
French Broad Food Co-op (FBFC) is owned by more than 2,000 owners, governed by a board of directors, and operated by a paid staff. Owners have always been the backbone of the co-op, supporting it financially and participating in governance. As a cooperative, we are committed to being responsive to our owners and shoppers. This can best be accomplished when the board reflects the wide diversity and interests of our owners.
Board elections occur each year, starting at the Annual Meeting.
The FBFC Board has three primary duties:
- To ensure sound management of the co-op.
- To act as trustees on behalf of the membership.
- To set long-range goals and plan for the future.
To fulfill these responsibilities, the FBFC Board focuses on four key areas:
- Hiring and evaluating the general manager
- Financial oversight
- Strategic planning
- Recruitment of replacement directors
Members are encouraged to attend monthly board meetings on the third Thursday of each month at 5:30 p.m., upstairs from the store in the Movement and Learning Center. See the events calendar for meeting information.
Serving on the board is a responsibility and an opportunity open to all FBFC owners. Within the cooperative structure, FBFC owners, management, and the board each have their own particular duties to perform.
Important to know while on the board…
Directors who serve on our board are the legal stewards of the co-op. They are owners of FBFC who are elected by the other owners to act on their behalf to fulfill the obligations that come with owning a business.
The board provides leadership, vision and guidance for our cooperative—ensuring that the needs of the owners are met. The board is primarily responsible for protecting co-op assets for the owners (fiduciary responsibility). Directors are expected to act in good faith and in the best interests of the cooperative as a whole. The board is also obliged to respond to changes in the co-op’s economic environment, the ownership base, and the financial status. Co-op policies may change throughout your term.