The Wedge is governed by an elected Board of Directors. Seven Wedge owners, elected by the ownership, are on the board at any given time. They meet regularly and report on the state of the co-op at the Annual Meeting of the Wedge Co-op Ownership every autumn.
The Board has three primary duties.
To fulfill these responsibilities, the Board of Directors focuses on four key areas:
Directors act in accordance with the Code of Ethics and Conduct
The Board also oversees elections and recommends updates to the Articles and Bylaws, the legal documents that define and guide the co-op.
Directors must look after the best interests of the co-op as a whole in a changing business environment. That means that policies and practices at the co-op may change over time.