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The MEC debacle is a predictable and avoidable governance failure

By Marc-Andre Pigeon and Anthony Piscitelli

When news broke about Mountain Equipment Co-op (MEC) being sold to an investor in the United States, the reaction among many of its 5.4 million member-owners was surprise, anger and disappointment.

More than 130,000 members have so far signed a petition to reverse the sale, while a group of members has raised more than $100,000 to give members a voice at MEC’s Companies Creditors Arrangement Act (CCAA) proceedings.

Continue reading at https://theconversation.com/the-mec-debacle-is-a-predictable-and-avoidable-governance-failure-146513