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The board of directors appoints the chief executive officer of the corporation and sets out the overall strategic direction. In corporations with dispersed ownership, the identification and nomination of directors (that shareholders vote for or against) are often done by the board itself, leading to a high degree of self-perpetuation.
The form of a nominating petition is typically prescribed by the electoral authority (e.g. a board of election) and the wording may state, for instance, "We, the qualified voters of the district in which the above candidate seeks nomination or election and of _____ signed hereunder or on the reverse side of this page, do hereby petition the ...
Nomination is part of the process of selecting a candidate for either election to a public office, or the bestowing of an honor or award. A collection of nominees narrowed from the full list of candidates is a short list .
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