Bill shared that Meghan will remain in the CFO role but move away from operational leadership.  Bill outlined the need for a new full-time role, and shared that they are seeking a candidate with nonprofit leadership, compliance, or HR leadership experience. Bob asked about succession planning given that Meghan had previously been identified as a potential successor and an emergency successor.  Bill explained that Jess is now identified in our succession plan as the emergency successor and might be a potential successor as well.  He noted that she is very capable of playing that role, especially with Meghan in a CFO position to support on the business side.

Bill introduced the FY25 draft board slate.  The board composition will remain consistent and is in strong shape for next year.  Bill highlighted the need for identifying strong new members to ensure smooth board succession over time. He sought suggestions for generating leads. Sarah proposed creating a profile of the ideal board member to help identify potential candidates.  Donna shared some strategies she has used and suggested reaching out to bigger companies with relationships to the board.  Bill will do some one-on-one  meetings with board members to generate leads.

Bill presented and discussed the results of the annual staff and family survey.  He highlighted general staff satisfaction levels with an increase of neutral responses and a decrease of positive response rates in areas of work engagement and work load.  He discussed the challenges of providing targeted professional development for such a diverse team. Bob asked about the sample size and about whether longer term employees view work differently after having been with the organization for a longer period of time. Bill shared that the school was working on offering more flexibility, including some limited remote work options, to be responsive to employee feedback. 

The committee discussed the board self-assessment results.  Bob was surprised by the response to meeting materials being presented clearly. Sarah agreed. Sarah will ask about this at the next meeting.  Bob asked about the size of the board.  He said he thinks additional members will help to have bigger committee meetings.  Bill said he believes increasing the board size to 11 or 12 would be beneficial, partly to have bigger committees and also to ensure smooth board succession. Sarah said she doesn’t usually think we need to grow the board's numbers but that the succession planning consideration is a good one. 

The committee discussed the lower positive response rate on the succession planning question.  Bill asked about how we could get the board to a place of more confidence about  succession.  Sarah suggested that we do a recap of the succession from the last meeting since a few people were not there and that was a very helpful meeting in terms of succession planning.  Bill will do this at a future meeting.
 

The committee did not discuss this given limited time, and will address this at the upcoming board meeting.

The committee did not discuss this given limited time, but Sarah noted that she is talking to Gina at BoardOnTrack about a board retreat of some kind and likes the idea of getting the board together.  Bill noted that we just need to ensure any gathering is compliant with the open meeting law.

The committee discussed the June meeting and cancelled it given the busy end of year at school and the earlier board meeting in June.