6/17/2019 12:30:41 PM
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Section 5: OPA Board Subject: F&Beverage Forensic Audit Msg# 1049212
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I was not aware of the problems but I took immediate action the moment I learned about Mary Bosack's resignation and the reason for her decision to do so.
Beverly was talking about the massive operational losses and labor costs. I am not sure what action you took personally, but the Board of Directors allowed the operational losses to go on and on at the Yacht Club and Beach Club after it was obvious management was losing money hand over fist. Then John Viola took over as the Director of Finance in spring of 2017. He along with then Treasurer Pat Supik should be able to explain / answer why things were allowed to get much worse financially during that summer of 2017. Slobodan, are you suggesting the board had no responsibility for those massive operational losses? The Board of Directors in the summer of 2017 sat back and watched as operational losses ballooned to about $1 million or more. Something drastic should have been done by the board no later than late July and possibly earlier. |
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For reference, the above message is a reply to a message where: The board and Viola are as much to blame when they saw the numbers from the beginning of the summer and they did nothing. I could have written that forensic audit and saved everyone $200,000 but nobody listened or believed me. As a matter of fact there is a lot more I could add to it-but I wasn’t contacted. How many board members have quit? I think they realized what a hot mess they were a part of and got out so they wouldn’t be blamed. Hello Beverly, I feel completed to respond to your statement. Mary Bosack expressed her concerns directly with the Association's officers (President and Treasurer). For you to say that the Board did nothing is an unfair generalization. I was not aware of the problems but I took immediate action the moment I learned about Mary Bosack's resignation and the reason for her decision to do so. Then John Viola took over as the Director of Finance in spring of 2017. He along with then Treasurer Pat Supik should be able to explain / answer why things were allowed to get much worse financially during that summer of 2017. I wish you the best of luck with your future plans. Sincerely, Slobodan |
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