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 four stock sales, in 1923, 1935, 1950 and 1997. Shares in 1923 sold for $5 apiece, while in 1997 the shares were issued at $200 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.
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.
Current Executive Committee