Can someone tell me what’s wrong with having a woman as shul president?

Dov Bear has a post about a shul in Syracuse (I know the rabbis kids from yeshiva, and have davened there many times) that is being kicked out of the NCYI National Council of Young Israel, because it has a woman president. I always thought that Young Israel was supposed to be “modern” orthodox, yet they have such a rule on the books. Can anyone really say it’s wrong to have a woman as shul president? It just sounds like another rule to prevent women from being leaders in orthodoxy. Although I doubt having the ability to get up at shul and announce the times for mincha that week would be justified as being a leader.