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An outside director is a member of the board who is not otherwise employed by or engaged with the organization, and does not represent any of its stakeholders. A typical example is a director who is president of a firm in a different industry. [11] Outside directors are not employees of the company or affiliated with it in any other way.
Some state-owned companies retain two board members though it has not been compulsory since 1980 to have employee representation in private companies. Sweden: Board Representation (Private Sector Employees) Act (1987:1245) [15] 33.3%: 25: Over 25 employees, around one-third representation on boards. Switzerland: 0%: N/A: Representation in ...
Previously board member of Tesla 2018-11-11 The Travelers Companies: Alan D. Schnitzer: Chairman and CEO [110] 2015 Previously over the firm's Business and International Insurance segment 2017-11-11 Toyota: Akio Toyoda: President and director [111] 2009 Son of Shoichiro Toyoda, the former chairman 2017-11-11 United Airlines: Scott Kirby: CEO ...
A handful of other board directors were also singled out by advisors, and consumer advocate Ralph Nader, whose grandniece died in the second Boeing 737 Max 8 crash, called for the whole board to ...
The corporation's name might consist of its governing board members' title (for example, The Trustees of Princeton University is a New Jersey nonprofit corporation). These board members (trustees, regents, etc.) are fiduciaries for the corporation. In some cases, the institution might not have separate legal personhood; the trustees transact in ...
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 ...
The chairman influences the board of directors, which in turn elects and removes the officers of a corporation and oversees the human, financial, environmental and technical operations of a corporation. The CEO may also hold the title of "chairman", resulting in an executive chairman. In this case, the board frequently names an independent ...
These people are on the board of directors of a corporation. ... Pages in category "Corporate directors" The following 11 pages are in this category, out of 11 total. ...