The crisis in Leisure World Seal Beach deepens. Shareholders were dancing in the street after the recent board meeting where it was announced that the executive director contract as written would not be renewed. It didn’t take long for shareholders to learn that they had not won their fight and, in fact, the ED might get a new contract. It is hard to understand why the shareholders and leaders in LWSB do not understand their problem. It is not the ED. It is their governance. Read the article…………………………….
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