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6/17/2019 1:50:40 PM
 
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Section 5: OPA Board Subject: F&Beverage Forensic Audit Msg# 1049247
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The Board as the governing body shares the responsibility. However, I was pointing out that not all seven directors stayed passive as it was unfair generalization.
The only thing that matters is what the board does as an ENTITY. I was the director that argued against the 20% discount for being a bad business decision and because it directly affected the approved budget. I was the lonely voice on that one. Yep. That discount cost OPA about $200,000 I believe. I was also the director that voted against the budget because revenue projections for the YC and BC were, to put it politely, overly opportunistic. Yep. The projections were ridiculous. |
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For reference, the above message is a reply to a message where: Joe, The Board as the governing body shares the responsibility. However, I was pointing out that not all seven directors stayed passive as it was unfair generalization. You should remember, as I recall you observed those board meetings during summer of 2017. I was the director that argued against the 20% discount for being a bad business decision and because it directly affected the approved budget. I was the lonely voice on that one. I was also the director that voted against the budget because revenue projections for the YC and BC were, to put it politely, overly opportunistic. You are correct that something drastic should have been done by the Board by July 2017.... I hope you remember that I tried very hard to do just that and you know how that turned out.... Have a nice week. Slobodan |
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