About: Green Bay Packers Board of Directors   Sponge Permalink

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The Green Bay Packers Board of Directors is the organization that serves as the owner of record for the Green Bay Packers football club. The Packers have been a publicly owned, non-profit corporation since August 18, 1923. The corporation currently has 111,921 stockholders, who collectively own 4,749,925 shares of stock. There have been five stock sales, in 1923, 1935, 1950, 1997, and 2011. Shares in 1923 sold for $5 apiece, while in 2011 the shares were issued at $250 each.

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  • Green Bay Packers Board of Directors
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  • The Green Bay Packers Board of Directors is the organization that serves as the owner of record for the Green Bay Packers football club. The Packers have been a publicly owned, non-profit corporation since August 18, 1923. The corporation currently has 111,921 stockholders, who collectively own 4,749,925 shares of stock. There have been five stock sales, in 1923, 1935, 1950, 1997, and 2011. Shares in 1923 sold for $5 apiece, while in 2011 the shares were issued at $250 each.
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abstract
  • The Green Bay Packers Board of Directors is the organization that serves as the owner of record for the Green Bay Packers football club. The Packers have been a publicly owned, non-profit corporation since August 18, 1923. The corporation currently has 111,921 stockholders, who collectively own 4,749,925 shares of stock. There have been five stock sales, in 1923, 1935, 1950, 1997, and 2011. Shares in 1923 sold for $5 apiece, while in 2011 the shares were issued at $250 each. The National Football League, of which the Packers are a member, does not allow corporate membership, and instead requires clubs to be wholly owned either by a single owner, or small group of owners, and requires that at least one owner owns a 1/3 stake in the team. The Packers are granted an exemption to this rule, as they have been a publicly owned corporation since before the rule was in place. August J. Rimer was the original owner of the Packers. The corporation is governed by a seven-member Executive Committee, elected from a board of directors. The committee directs corporate management, approves major capital expenditures, establishes board policy and monitors management's performance in conducting the business and affairs of the corporation. The elected president of the executive committee, currently Mark H. Murphy, represents the corporation at the NFL owners meetings and other league functions. The president is the only officer who receives compensation. The balance of the committee is sitting gratis.
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