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Center for Interfaith Relations Board of Directors meeting. 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 ...
Arpey was elected chairman of AMR Corporation and American Airlines, Inc. in May 2004. Arpey had been president and chief executive officer of AMR and American, since April 2003, when he was first elected a member of the board of directors of both companies. Prior to that, he had served as president and chief operating officer of AMR and ...
Many positions at this level report to a president or chief executive officer, or to a company's board of directors. [3] 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 ...
Thomas W. Horton (born May 24, 1961) [1] is a partner of Global Infrastructure Partners and is lead director at Walmart Inc. and General Electric Corp. [2]. He was chairman, president, and CEO of AMR Corporation until it merged with US Airways Group to form American Airlines Group, Inc., then became chairman of American Airlines Group, Inc. and American Airlines.
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 to principals.
The responsibilities of board secretary include preparing meetings of shareholders and boards of directors, maintaining company records and shareholders information, dealing with information disclosure etc. Relevant listing rules in China further clarify that the secretary of the Board is a managerial position.
The duty of directors to produce a directors' report once a year is found in the Companies Act 2006 section 415. Under section 416, the contents must include the directors' names and the company's principal activities. The critical requirement is found in section 417(1). A business review must be carried out, though this is only for large ...
An AMR spokesperson said that AMR may sell the townhouse. [33] Richard Tilton, a lawyer with specialization in bankruptcy and the director of Sheldon Good & Co., compared the property to the "corporate jets that the executives at GM and Chrysler were forced to give up", and predicted that such "symbols of corporate suite excess" were unlikely ...