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Just a quick question - we're trying to form a new interviewing committee; however, we want the composition of the committee to be Board members as well as shareholders, to ensure a level of fairness and transparancy in the selection process. Has anyone else in the forum attempted this? If so, how has it worked out for you?
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We've been interviewed by a number of committees prior to meeting with the full Board of Directors over the years. A committee is helpful because they can do a lot of the legwork that the Board won't necessarily have the time to do as a complete unit. The committee (I have seen many that have been mixed with Shareholders as well) will interview and conduct the walkthroughs of the property and then give their overall impressions and recommendations to the full Board for the decision to be made once all of the initial interviews have been completed.
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