Originally Posted by notEnuf

I totally agree that the board seat has value. The value and the willingness for ALPA to install a member that is willing to act contrary to consensus is what I question. The conflict of interest with regard to the duty to the union and duty to the shareholders is a difficult line to walk, hopefully our new board member has the ability to do this effectively. The seat has its limitations and is different from the other directorships. Pay, voting rights, etc.

outside the box follows...

Why not get a full director compensation (done in shares) and use those funds to return value to members via VEBA or refunds. Use the seat, test its bounds.