Saturday, May 4, 2013

Reports on member rebellion @Coast_Capital AGM

At the Coast Capital Savings Credit Union's Annual General Meeting of members on April 30, it was announced that members had voted over 79% to take back control of directors' pay. The board had recommended voting "NO", so members have learned to be skeptical of board recommendations. Two recent write-ups on this:

- Press release from the proponent (Coast Capital Compensation Watch)

- Vancouver Sun article

For background and context:

- My article in the Vancouver Observer: We want our co-ops back

- Posts on Coast Capital in this blog

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