Board responsibilities
The Oshkosh Chamber of Commerce Board of Directors sets policy and public positions, approves the annual budget, reviews the annual programs of work, reviews and accepts the annual audit report, approves new board members, and through its committees, manages the President/CEO, manages and develops board membership, and develops and approves the strategic plan. Of those serving on the board, 27 are elected, eight are ex-officio and two are appointed.
Each member of the Board of Directors also serves on one of the following five committees:
Audit: Acts on behalf of the Board of Directors and oversees all material aspects of the organization’s financial reporting, internal control and audit functions. The committee’s role includes a particular focus on the qualitative aspects of financial reporting and on organizational processes for the management of risk and for compliance with significant applicable tax, legal, ethical and regulatory requirements. The role also includes coordination with other Board committees, external auditors, council, management, and other advisors as deemed appropriate.
Board Management: Reviews and assesses board composition needs, recommends nominees to the board, conducts orientation of new board members, plans continuous board education, evaluates the performance of current board members, and recommends changes in bylaws, committee structure and relationships with affiliates.
Executive: Approves operational policy, communicates public policy as approved by the Board, reviews financial performance, provides input on the President/CEO’s performance and selects the financial auditing firm.
President/CEO Management: Develops job performance expectations, develops and implements the review process, evaluates job performance, develops a compensation package, recommends the process to the Board for hiring, and terminates the president/CEO, if necessary.
Strategic Planning: Develops a strategic plan, approves the program of work and monitors the program of work.
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