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Rugby League
Brisbane Broncos Talk
Staff moved on.
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[QUOTE="007, post: 3284090, member: 9090"] I think a few people get confused with corporate structure of the club as to who can be touched and who cant. let me summarize roughly: [B]Broncos PTY LTD[/B] - The entity that all are employed by. [I][SIZE=3]The untouchables:[/SIZE][/I] [B]Board of directors[/B] -answer to shareholders. [LIST] [*]Responsible for governance and compliance [*]Appoint CEO to manage daily operations [*]Responsible for financial success [*]Remuneration can be from 20k to millions. Pay is approved and voted on by shareholders. [*]Rarely interfere with day to day unless something is critically wrong. [*]If you hate the board, buy up min shareholding and vote, or buy a weighted share to outvote newscorp. [/LIST] [B]CEO[/B] - answer to board. [LIST] [*]All day to day staff report to CEO with exceptions (below) [*]Financial, HR, legal and compliance departments have direct reporting and access to both CEO and board [*]Appoints all day to day staff [*]Implements boards directions. [*]Can hire and fire anyone except board members (some exceptions occur depending on structure) [*]Cant do shit about lazy board members if they want to keep their job. [/LIST] [/QUOTE]
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Brisbane Broncos Talk
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