What is the Best Western President and Chief Executive Officer required to do before discharging a Vice-President?
Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
The President and Chief Executive Officer shall be responsible for the hiring and discharging of all Vice-Presidents and other employees. Prior to the discharge of a Vice-President, the President and Chief Executive Officer shall notify the Board members and allow discussion.
Source: Item 23 — Receipts (FDD pages 108–413)
What This Means (2025 FDD)
According to Best Western's 2025 Franchise Disclosure Document, the President and Chief Executive Officer has specific obligations before discharging a Vice-President. The President and Chief Executive Officer must notify the Board members and allow discussion prior to the discharge of a Vice-President.
This requirement ensures that the Board is informed and has an opportunity to provide input before a Vice-President is discharged. This process likely aims to provide a layer of oversight and potentially prevent arbitrary or ill-considered decisions regarding the employment of high-level executives.
For a prospective Best Western franchisee, this indicates a structured management hierarchy within the organization. While franchisees may not directly interact with these executive decisions, it reflects the overall governance and decision-making processes of Best Western, which can impact the brand's stability and strategic direction.