Management
The cooperative holds annual elections for a board of trustees, who oversee the management and business of the ski area. They also hire a general manager to handle day-to-day operations.
Despite several challenges, the co-op has been very successful. The mortgage on the ski area was paid off within a few years. Additionally, the ski area has remained profitable through several poor ski seasons, including the 1998 Ice Storm, and has managed to fund the replacement of the double chairlift and the restoration of the single chair.
Read more about this topic: Mad River Glen
Famous quotes containing the word management:
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—Lyndon Baines Johnson (19081973)
“No officer should be required or permitted to take part in the management of political organizations, caucuses, conventions, or election campaigns. Their right to vote and to express their views on public questions, either orally or through the press, is not denied, provided it does not interfere with the discharge of their official duties. No assessment for political purposes on officers or subordinates should be allowed.”
—Rutherford Birchard Hayes (18221893)
“This we take it is the grand characteristic of our age. By our skill in Mechanism, it has come to pass, that in the management of external things we excel all other ages; while in whatever respects the pure moral nature, in true dignity of soul and character, we are perhaps inferior to most civilised ages.”
—Thomas Carlyle (17951881)