Corporate Hiring and Appointment Resolutions Approval of Hiring of Corporate Employee Approval of Bonuses and Salary Increases Shareholder Ratification of Employee Pay Approval of Independent Contractor Services Appointment of Corporate Officers Authorization of Payment for Attending Meetings Annual Director or Officer Stipend for Attendance at Meetings No Compensation for Attending Corporate Meetings Indemnification and Insurance for Directors and Officers. The board chairman or president is responsible for the overall functioning of the board of directors and ensures that all appropriate actions are taken. The treasurer of the board of directors has primary responsibility for the financial well-being of the corporation but does not take day-to-day responsibility. Included in the board treasurer's duties are. The secretary of the board of directors has overall responsibility to create and maintain corporate records and other important corporation documents.