A committee elected by the shareholders of a company, empowered to act on their behalf in the management of company affairs Directors are normally elected each year at the annual meeting
The governing body of a corporation or foundation which, by the authority of its articles of incorporation and bylaws, controls and governs the affairs of that organization
Persons elected by a companys shareholders to make important decisions such as electing officers of the company Directors are also considered control persons and, as such, are generally restricted from transacting in the companys securities without proper reporting
Individuals responsible for overseeing the affairs of an entity, including the election of its officers The board of a CORPORATION that issues stock is elected by stockholders (See AUDIT COMMITTEE )
The shareholders of a corporation elect a Board of Directors The number of votes cast by each shareholder is proportionate to the amount of shares he holds The Board of Directors usually consists of at least three officers, a president, treasurer and secretary the Board acts as the representative of the corporation in managing the business It formulates corporation policies, manages the day-to-day affairs of the business, declares dividends, issues stock, engages into contracts in the name of the corporation and exercises any additional powers granted it by the charter of the corporation
A committee elected by the shareholders of a company, empowered to act on their behalf in the management of company affairs Directors are normally elected each year at annual meetings
A group of individuals that are elected by the shareholders of a corporation and empowered to carry out certain tasks spelled out in the corporation's charter These powers include appointing executive management, issuing additional shares and declaring dividends In most public companies, the board will usually consist of both inside and outside directors The inside directors have a significant fiduciary interest in the growth and well-being of the company Outside directors may have a small stake in the company but are generally members for their business experience and contacts In the case of an IPO, there may not be outside directors until near or immediately following the IPO
a group of individual owners elected by a vote of all unit owners to govern a community association The board directs the actions of the Community Association Manager Also called a Board of Trustees
A group of people elected by a corporation's shareholders to oversee the management of the company The board members meet several times each year, are paid in cash and/or stock, and take on legal responsibility for corporate activities Also called directorate
Individuals elected by shareholders to oversee the management of the financial institution The members of a board of directors are paid in cash and/or stock, except for credit union board members who are unpaid volunteers serving as representatives of the entire membership Boards meet several times each year and assume legal responsibility for the institutions activities
(1) Individuals elected by stockholders to establish corporate management policies A board of directors decides, among other issues, if and when dividends will be paid to stockholders (2) The body that governs the NYSE; it is composed of 20 members who
The governing body of a corporation who is elected by shareholders The directors are responsible for selecting the officers and the supervision and general control of the corporation
Individuals elected by shareholders of a company to represent them, set policy, and control the corporation for the shareholders benefit Management is hired by and responsible to the Board of Directors
People that shareholders have elected to oversee the management of a credit union , corporation , or other organization Directors meet periodically to fulfill their legal responsibility to represent the other shareholders' interests Although most organizations pay their directors for their services, most credit union boards consist of unpaid volunteers
The composition of the Board of Directors is particularly critical for an IPO Typically, a board is composed of inside and outside directors Inside directors could be management, significant shareholders, venture capitalists, vendors and relatives Outside directors have no underlying financial or personal relationship with the company that could create a conflict of interest and are on the board for their experience, business judgment and contacts Outside directors may own stock, but are not large shareholders Investors should look for a board that has at least two outside directors Typically, IPOs add their first outside directors at or immediately after the offering
The Pension Corporation's board of directors (identified in the Public Sector Pension Plans Act as the "Pension Management Board") governs, or oversees the management of, the Pension Corporation Corporate board members are appointed by their respective boards, who directly appoint two members - a plan member representative and a plan employer representative
A company's board of directors is the group of people elected by its shareholders to manage the company. The Board of Directors has approved the decision unanimously