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> Board candidates are selected by the REI Board Nomination and Governance Committee. In earlier years, board elections were competitive elections, with both bo
by marricks 3y ago
> Board candidates are selected by the REI Board Nomination and Governance Committee. In earlier years, board elections were competitive elections, with both board-nominated and self-nominated petition candidates. In recent years, REI eliminated the opportunity for petition candidates and has nominated only as many candidates as open positions.
Emphasis mine. Sounds like OfSanguineFire's comment is right. The Governance committee decides how the company is run and members don't have a choice of candidates besides rejecting them.
From Wikpedia: https://en.wikipedia.org/wiki/REI https://en.wikipedia.org/wiki/REI
- neilv 3y agoThe juxtaposition of these two sentences sounds like a hint at a connection between the two: > While the board serves at the members' pleasure, there is no path to board membership without the approval of the Board Nomination and Governance Committee.[30] For 2014, its chief executive officer received compensation of approximately $2.71 million per year.[31][32]
- dragonwriter 3y ago> The Governance committee decides how the company is run and members don't have a choice of candidates besides rejecting them. And if they are rejected, then the board appoints a temporary board member to fill the opening, with no membership input.
- marricks 3y ago(: