|
Outback Stores’ board of directors is primarily responsible for determining the organisation’s goals in line with its core values, vision and mission. It monitors the financial performance of the company and oversees major business decisions such as budget approval, new store agreements and executive appointments. Essentially, it controls and monitors the framework of the business and acts to ensure it is run in line with corporate governance requirements and Outback Stores’ goals.
As Outback Stores is a non-listed company, the board does not represent shareholders, but does act in the interest of its key stakeholders – the Indigenous communities with whom it works, government, staff and suppliers.
Outback Stores’ board is comprised of the executive director (the chief executive officer), company secretary and six independent directors. Between them, the board members bring to the organisation strong experience in retail, logistics and supply chain management, as well as, importantly, an understanding of Indigenous culture.
|
