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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.
The National Association of Corporate Directors (NACD) is an independent, not-for-profit, section 501 (c) (3) founded in 1977 and headquartered in Arlington, Virginia. NACD's membership includes more than 1,750 corporate boards as well as several thousand individual members, for a total of more than 24,000 members. [ 1 ]
The term "Board of Trustees" is the most commonly used name for governing bodies of universities in the United States. [3]All schools within the Ohio Higher Education System are governed by individual boards of trustees, including Miami University and Ohio State University.
The nominee is subject to confirmation by the Board of Executive Directors, to serve for a five-year, renewable term. Traditionally, the World Bank Group president has always been an American citizen nominated by the United States, the Bank's largest shareholder, and the IMF's managing director has been a European citizen. [1]
CEO: John A. Young (1978–October 31, 1992) CEO: Lewis Platt (November 1, 1992–July 18, 1999; Chairman 1993–July 18, 1999) Chairman: Richard Hackborn (January, 2000–September 22, 2000; Lead Independent Director September 22, 2006–) CEO: Carly Fiorina (July 19, 1999–February 9, 2005; Chairwoman September 22, 2000–February 9, 2005)
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 ...
Worker representation on corporate boards of directors, also known as board-level employee representation (BLER), [1] refers to the right of workers to vote for representatives on a board of directors in corporate law. In 2018, a majority of Organisation for Economic Co-operation and Development, and a majority of countries in the European ...
Wayne Rogers. Board: Vishay Intertechnology Inc. (VSH) You wouldn't expect a fun-loving practical joker like Dr. Trapper John McIntyre from the 1970s TV sitcom M.A.S.H. to make it on a corporate ...