Professional Board Meeting Minutes

I. Meeting Details

Date: September 12, 2055
Time: 10:00 AM – 12:00 PM
Location: [Your Company Name] Headquarters, Conference Room A
Chairperson: Jane Smith
Secretary: [Your Name]

II. Attendance

Present Board Members:

• Jane Smith, Chairperson

• Jane Smith, Secretary

• Mark Johnson, Treasurer

• Emily Davis, Director of Operations

• Michael Lee, Director of Marketing

Absent Board Members:

• Sarah Brown, Director of Finance (Excused)

Guests:

• Anna Garcia, Legal Counsel

• Thomas White, Auditor

III. Call to Order

The meeting was called to order at 10:05 AM by Jane Smith, Chairperson, after confirming that a quorum was present.

IV. Approval of Previous Meeting Minutes

The minutes from the August 1, 2055, Board Meeting were reviewed and approved unanimously.

V. Reports

A. Chairperson’s Report

• Jane Smith provided an overview of the company’s strategic plan for the upcoming fiscal year.

• Highlighted the need to prioritize sustainability and innovation in product development.

B. Treasurer’s Report

• Mark Johnson presented the financial statements for the period ending August 31, 2055.

• Revenue increased by 10% compared to the previous quarter.

• The board approved a budget allocation for new product research and development.

C. Operations Report

• Emily Davis discussed the expansion of production facilities.

• A proposal was submitted for the purchase of new manufacturing equipment.

VI. Old Business

A. Marketing Campaign Update

• Michael Lee provided updates on the performance of the ongoing marketing campaign.

• The campaign has generated a 15% increase in online traffic.

• The board agreed to extend the campaign for another three months.

B. Facility Expansion

• The expansion project timeline remains on track, with completion expected by December 2055.

VII. New Business

A. Approval of Equipment Purchase

• Emily Davis proposed the purchase of new manufacturing equipment valued at $500,000.

• After a detailed discussion, the board voted unanimously to approve the purchase.

B. Employee Training Program

• Mark Johnson proposed implementing a new employee training program focused on technology adoption.

• The board requested more information and postponed the decision to the next meeting.

VIII. Open Forum

No additional items were raised for discussion.

IX. Next Meeting

The next board meeting is scheduled for October 10, 2055, at 10:00 AM.

X. Adjournment

The meeting was adjourned at 11:45 AM by Jane Smith, Chairperson.

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Minutes Submitted By:

[Your Name], Secretary
September 12, 2055

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