Late last month, the chairman of the United Way of Central Carolinas' board of directors called a special meeting of the 68-member group.
A key item of business: the ouster of longtime president and CEO Gloria Pace King. But the chairman, retired Bank of America executive Graham Denton, shared that fact with just five others beforehand.
It wasn't the first time the bulk of the board had been kept in the dark. Two years ago, the board's inner circle – its executive committee – failed to brief the full membership when it approved a $2 million retirement package for King. Four board members say they learned about it only after the Observer and its media partner, WCNC-TV, revealed the deal in June.
The pension decision has buried the United Way in public criticism and damaged donor confidence in an agency that provides millions of dollars to 91 charities across the region.
Read the complete story at charlotteobserver.com
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