Final answer:
The CEO of a nonprofit does typically play a role in recruiting and selecting new board members, although this task is done in collaboration with existing board members and stakeholders. The process ensures that the board can effectively guide and oversee the organization's management and strategic direction.
Step-by-step explanation:
The statement is essentially true, as the top executives in a nonprofit setting, including the CEO, often have significant influence in the recruitment and selection of new members for the board of directors. In practice, while the board's role is to oversee the organization and ensure it serves the interests of its stakeholders, such as the community in the case of a nonprofit, executives like the CEO typically suggest or identify potential board members given their operational insights and understanding of the organization's needs. This dynamic is similar in a for-profit context, where executives wield considerable influence in board appointments, making choices that must be ratified by shareholders who may not have the inclination or resources to nominate alternative candidates.
Recruiting board members involves identifying individuals with the requisite skills, expertise, and commitment to the organization's mission. The CEO, in consultation with existing board members and other stakeholders, will look for candidates who can offer strategic guidance, governance oversight, and critical support for the organization's goals. Being part of this process is essential for maintaining a board that can effectively oversee the CEO's management of the organization and ensure that the organization's strategic direction aligns with its mission.