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A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency . The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws ...
Many positions at this level report to a president or chief executive officer, or to a company's board of directors. People in senior executive positions of publicly traded companies are often offered stock options so it is in their interest that the company's stock price increases over time, in parallel with being accountable to investors.
all members of the Board of Directors of the Commodity Credit Corporation (7) Department of Commerce: Chief Scientist of the National Oceanic and Atmospheric Administration; Department of Defense: All members of the National Security Education Board (6) Director of the Selective Service System; Department of Education: Assistant Secretary for ...
President – legally recognized highest "titled" corporate officer, and usually a member of the board of directors. There is much variation; often the CEO also holds the title of president, while in other organizations if there is a separate CEO, the president is then second highest-ranking position.
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's ...
Directors' duties. Directors' duties are a series of statutory, common law and equitable obligations owed primarily by members of the board of directors to the corporation that employs them. It is a central part of corporate law and corporate governance. Directors' duties are analogous to duties owed by trustees to beneficiaries, and by agents ...
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