A seven-member Board of Directors governs Weaver Street Market. Four of the directors are directly elected by the two owner classes, workers and consumers (2 positions each), and two positions are appointed by the board itself to fill the need for particular skills or knowledge. The General Manager holds the seventh position.
The board is directly accountable to the consumer and worker owners for the activities and accomplishments of the store. Specifically, it is responsible for:
Interacting with the owners - to understand their values and vision for the store.
Developing, monitoring, and revising a body of policies that guide the store to achieving outcomes that are consistent with the owner's values and vision.
Ensuring, through consistent monitoring mechanisms, that management achieves the goals set by the board and that the board operates according to its established processes.
The board fulfills its responsibilities through a system of governance called Policy Governance, as developed by John Carver. Read more about Policy Governance here.
The Board typically meets on the second Wednesday of each month except January in the conference room above Panzanella restaurant in Carrboro. Meetings run from 6:30-9:30pm and all owners of the Co-op are welcome to attend as observers. To confirm an upcoming meeting, please contact the board
All of our profits are returned to owners, donated to our community, or used to strengthen the cooperative. Cooperative businesses are honest, open and fair, behave with integrity, and remain accountable for their actions.