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  2. Independent director - Wikipedia

    en.wikipedia.org/wiki/Independent_director

    Nasdaq's rules say that an independent director must not be an officer or employee of the company or its subsidiaries or any other individual having a relationship that, in the opinion of the company's board of directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director. [4]

  3. Non-executive director - Wikipedia

    en.wikipedia.org/wiki/Non-executive_director

    A non-executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a corporation, such as a company, cooperative or non-government organization, but not a member of the executive management team.

  4. Why director independence matters, and how boards can ... - AOL

    www.aol.com/finance/why-director-independence...

    The two exchanges also mandate that to qualify as independent, a director of a public company can receive no more than $120,000 in compensation from it during a 12-month period.

  5. Board of directors - Wikipedia

    en.wikipedia.org/wiki/Board_of_directors

    De facto director – an individual who acts as a director of the company but has not actually or validly been appointed as such. Shadow director – an individual who acts as a director of the company but is not a named director (a de jure director) and does not claim or purport to act as director.

  6. List of corporate titles - Wikipedia

    en.wikipedia.org/wiki/List_of_corporate_titles

    Corporate titles or business titles are given to company and organization officials to show what job function, and seniority, a person has within an organisation. [1] The most senior roles, marked by signing authority, are often referred to as "C-level", "C-suite" or "CxO" positions because many of them start with the word "chief". [2]

  7. Chair (officer) - Wikipedia

    en.wikipedia.org/wiki/Chair_(officer)

    There is a growing push by public market investors for companies with an executive chair to have a lead independent director to provide some element of an independent perspective. [ 39 ] [ 40 ] The role of the chair in a private equity-backed board differs from the role in non-profit or publicly listed organizations in several ways, including ...

  8. Management - Wikipedia

    en.wikipedia.org/wiki/Management

    Their roles can be emphasized as executing organizational plans in conformance with the company's policies and the top management's objectives, defining and discussing information and policies from top management to lower management, and most importantly, inspiring and providing guidance to lower-level managers towards better performance.

  9. Supervisory board - Wikipedia

    en.wikipedia.org/wiki/Supervisory_board

    The board of supervisors or supervisor of a company with no board of supervisors may exercise the following authorities: (1) checking the financial affairs of the company; (2) supervising the duty-related acts of the directors and senior managers, and bringing forward proposals on the removal of any director or senior manager who violates any ...