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Director |
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One who supervises, regulates, or controls. A director is the head of an organization, either elected or appointed, who generally has certain powers and duties relating to management or administration. A corporation's board of directors is composed of a group of people who are elected by the shareholders to make important company policy decisions. Director has been used synonymously with manager. director n. a member of the governing board of a corporation or association elected or re-elected at annual meetings of the shareholders or members. As a group the directors are responsible for the policy making, but not day-to-day operation, which is handled by officers and other managers. In some cases, a director may also be an officer, but need not be a shareholder. Most states require a minimum of three directors on corporate boards. Often lay people dealing with corporations confuse directors with officers. Officers are employees hired by the Board of Directors to manage the business. (See: corporation, board of directors) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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FEl's Section 404 Blog is frequently cited in other Web logs, or blogs, including Directorship. After a decade as superintendent of the 525-student Windthorst, Texas, Independent School District, Anne Poplin has assumed the executive directorship of the Region 9 Educational Service Center based in Wichita Falls, Texas. The following year de Valois retired, and the directorship was passed to the company's principal choreographer, Frederick Ashton, who remained until 1970 when Kenneth MacMillan unexpectedly replaced him. |
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