It’s a little bit of a weird setup. There is a nonprofit portion and a for profit portion. If i recall correctly, the nonprofit owns the majority of the for profit portion. The nonprofit board is able to replace executives without having to worry about how it affects profits.
But they are trying to change that nonprofit board to for profit.
Weren’t they a “nonprofit” lol
It’s a little bit of a weird setup. There is a nonprofit portion and a for profit portion. If i recall correctly, the nonprofit owns the majority of the for profit portion. The nonprofit board is able to replace executives without having to worry about how it affects profits.
But they are trying to change that nonprofit board to for profit.