Board Members and Executives
Posted: Sun May 12, 2019 5:31 am
Company Board of Directors:
-Group of 3 or 5 Members Elected by Shareholders
-Minority Owned Companies ~20-33% Share Vote Elects 1 Member
-50%+ Ownership Gives Board Vote Control Essentially Advisory Board (Must Still Elect Share of Board Members)
-Compensation: (~$25,000-$500,000)
•Base Pay (~30-40%)
•Year End Share Grant (~60-70%)
Potential Board Responsibilities/Powers:
-Set Dividend
-Declare Special Dividend
•Cash
•Shares of Subsidiary
-Select Audit Firm (if Professional Service Addon/DLC)
-Hire/Fire Chief Executive Officer (CEO)
-Set Executive Compensation:
•Set Chief Executive Officer Total Pay
•Set % of Pay Allocated to Specific Categories (for all Executives):
oBase Salary (~10%) (Minimum $100,000 before Bonus or Equity)
oYear End Annual Bonus (~20%)
oYear End Equity Grant (~70%)
•Select Performance Measurements and Targets (for all Executives):
oRevenue Growth of x%
oProfit Growth (Operating or Total) of x%
oNet Worth, Market Cap or Share Price Growth of x
CEO Responsibilities/Powers:
-Hire/Fire Other Executives
-Set Other Executive Total Pay
-Manage Operations
Expanded Share Classes:
-Class A Shares: Regular Common Shares (1 Share = 1 Vote)
-Class B Shares: Super Voting Common Shares (1 Share = 10 Votes, Same Share of Company Value as Regular Shares)
Additional Organizations:
-Governed by Board of Directors/Trustees
-Professional Associations, Fraternities or Societies (similar to Political Parties for Professional Pursuits)
-Charitable Foundations, Charities, etc. (Museums, Zoos, Health, Poverty, etc.)
Relationship System:
-Relationship Status that Determines whether Board Members Vote with you or Executives want to work for your firms.
-Build Relationship Value by Hiring them to work for your firms, electing them to company or organization boards, donating to their charitable causes, etc.
Additional Features:
-Ability to Poach/Hire Executives Currently Working for Other Firms
-CFO Executive Position (Required for Banking Operations, Allows you to Issue Company Bonds, etc.)
-Group of 3 or 5 Members Elected by Shareholders
-Minority Owned Companies ~20-33% Share Vote Elects 1 Member
-50%+ Ownership Gives Board Vote Control Essentially Advisory Board (Must Still Elect Share of Board Members)
-Compensation: (~$25,000-$500,000)
•Base Pay (~30-40%)
•Year End Share Grant (~60-70%)
Potential Board Responsibilities/Powers:
-Set Dividend
-Declare Special Dividend
•Cash
•Shares of Subsidiary
-Select Audit Firm (if Professional Service Addon/DLC)
-Hire/Fire Chief Executive Officer (CEO)
-Set Executive Compensation:
•Set Chief Executive Officer Total Pay
•Set % of Pay Allocated to Specific Categories (for all Executives):
oBase Salary (~10%) (Minimum $100,000 before Bonus or Equity)
oYear End Annual Bonus (~20%)
oYear End Equity Grant (~70%)
•Select Performance Measurements and Targets (for all Executives):
oRevenue Growth of x%
oProfit Growth (Operating or Total) of x%
oNet Worth, Market Cap or Share Price Growth of x
CEO Responsibilities/Powers:
-Hire/Fire Other Executives
-Set Other Executive Total Pay
-Manage Operations
Expanded Share Classes:
-Class A Shares: Regular Common Shares (1 Share = 1 Vote)
-Class B Shares: Super Voting Common Shares (1 Share = 10 Votes, Same Share of Company Value as Regular Shares)
Additional Organizations:
-Governed by Board of Directors/Trustees
-Professional Associations, Fraternities or Societies (similar to Political Parties for Professional Pursuits)
-Charitable Foundations, Charities, etc. (Museums, Zoos, Health, Poverty, etc.)
Relationship System:
-Relationship Status that Determines whether Board Members Vote with you or Executives want to work for your firms.
-Build Relationship Value by Hiring them to work for your firms, electing them to company or organization boards, donating to their charitable causes, etc.
Additional Features:
-Ability to Poach/Hire Executives Currently Working for Other Firms
-CFO Executive Position (Required for Banking Operations, Allows you to Issue Company Bonds, etc.)