At 18:05 -0400 8/9/08, Andrew Whitworth wrote:
2008/9/8 Andrew Turvey raturvey@yahoo.co.uk:
- The initial Board will have 3-5 members
- The initial Board will serve only until the AGM
The first point here is a good estimate. This "initial board" isn't a board in so far as they are a type of steering committee. You want to have a focused group of people who are going to be dedicated to getting this group up and running. Also, there aren't a lot of tasks that can be performed in parallel at this time: paperwork and applications are single person jobs, and frequently can only have one name on them, if not a small but finite handful. 3-5 members is a good default, and I personally recommend it.
Also, since the "initial board" isn't really a board at all, they only serve until the first AGM when a real board is elected by the community.
Elected by the guarantor members, to be precise. Only guarantor members can speak and vote at the general meetings (of the company).
Gordo