The Armacham Technology Corporation Board of Directors is a council, consisting of the directors of Armacham Technology Corporation, whose current chairman is Carson Salyers. The board holds massive power over the company, however, their power is split with that of Armacham president, Genevieve Aristide.
The board is not pleased with Genevieve Aristide after the events of F.E.A.R. First Encounter Assault Recon, for a number of reasons. She completely compromised all of ATC's operations in Fairport, inadvertently helped to release Alma Wade from the Vault, and went behind the back of the board to reopen the Origin Facility, despite numerous pleas and warnings not to from her own employees.
This causes the board to send its Black Ops division to literally terminate Aristide and her staff, erasing any evidence of their activities in the process. The status of her standing with the board and their plans for her following the conclusion of F.E.A.R. 2 is unknown.