ALSTOMâ€(tm)s Board of Directors is made up of 8 members elected by the shareholdersâ€(tm) Ordinary Annual General Meeting. It determines the orientation of the companyâ€(tm)s activities and precides over the controls and checks that it judges appropriate.
The Board of Directors is charged with defining and implementing long-term strategic planning, as well as making policy for the Fraternity. It is made up of 9 elected members serving 3-year terms, one of whom is elected Chairman of the Board
The companyâ€™s â€œcabinetâ€ - as specified in the Articles of Association - is supposed to make decisions on the issues that are too specific for the general meeting to discuss but which are beyond the day-to-day responsibility of the company management. They appoint officers, and they are elected by the shareholders of the corporation. Board members owe the corporation duties of ordinary care, good faith, and loyalty.
A group of individuals elected to steer and supervise a company. The Board of Directors sets strategic directions and oversees the executive management of the company, and is ultimately responsible to shareholder for the company's performance.
a group of individuals, typically composed of managers, investors, and experts, which have a fiduciary responsibility for the well being and proper guidance of a corporation. The board is elected by the shareholders.
At the local league level, a group of people elected by the league membership, in whom is placed the responsibility for the management of the property and affairs of the league, under the rules, regulations and policies of Little League Baseball, Incorporated. ( see Little League Baseball International Board of Directors)
Individuals elected by the common stockholders of a corporation to represent the stockholders and to establish the policies of the corporation. The board of directors appoints the officers of the corporation and declares dividends for the common and preferred stock. To Top
A twenty-man board that governs the NYSE, elected by the general membership for two years. These directors, in turn, elect a chairman for a variable term of office, and he too participates in policy decisions.
The governing body of the corporation responsible for making major policy decisions to be carried out by the corporation's officers. The board of directors also elects or appoints the officers of the corporation. The shareholders elect the board annually. To learn more about the board of directors, click here. Business corporation – see Corporation
Two or more individuals who serve, by election, as the governing body of an organization. Their responsibilities include: determining the organization's policies for operation; ensuring that the provisions of the organization's bylaws and the law are being followed; engaging in long-range planning to establish the general course for the future; establishing fiscal policy and boundaries with budgets and financial control; providing adequate resources for the activities of the organization through direct financial contributions and a commitment to fundraising; selecting, evaluating, and terminating the appointment of the chief executive; developing and maintaining a communication link with the community; and promoting and advocating for the work of the organization. See Governance.
"The Board of Directors are elected by shareholders, during a General Assembly Meeting, to manage the corporation for a given term. The Board of Directors decide, among other matters, if and when dividends shall be paid. "
The governing body of Alberta Workers' Compensation Board; appointed by the Lieutenant Governor in Council. The Board of Directors determines WCB policy, reviews and approves the programs and operating policies of the WCB, considers and approves annual operating and capital budgets of the WCB, and may enact by-laws and pass resolutions for the conduct of the business and affairs of the WCB.
A board of directors is the body responsible for overseeing a company's affairs. Shareholders elect the directors to the board. In turn, directors appoint and oversee officers. Boards normally have working committees such as an executive committee which may act for the entire board under certain circumstances, or a compensation committee which determines officer compensation and benefits and oversees corporate compensation policies.
1. People elected by credit union members to give instructions to the people who run a credit union. 2. People elected by a company's stockholders to give instructions to the people who run a company. A company's board of directors decides when to pay dividends to members or stockholders.
The group of twelve voting members appointed by the sponsors of Alegent Health (appointments must be ratified by all board members) to represent the sponsors and oversee the management of the organization. The CEO of Alegent Health also serves as a non-voting, ex-officio, member of the Board.
(BPW/Maine) Comprised of the elected officers, directors, appointed committee chairs, and past state presidents, the Board transacts business of the state federation between Conventions, as specified in the bylaws; meetings are held in Fall and Spring and pre-convention. On the local level, the Board of Directors (elected officers and appointed committee chairs) plan, advise, and make decisions as appropriate to local needs.
The board is responsible for administration and bylaws. From the act, a corporation shall have a board of directors.... at least 2/3 of the membership of the board ... shall be unit owners or mortgagees.... shall consist of not less than 3 and not more than 7 inidviduals....
These are the executive managers of a company appointed by the shareholders each year. In practice, the ordinary investor has little say in these matters as most companies are controlled by the directors or companies who nominate these directors.
In Basin Electricâ€™s case, each director is elected and represents one of Basin Electricâ€™s membership districts. The directors have been elected to the boards of their local distribution systems and then, with the exception of districts 9 and 10, to their respective intermediate generation and transmission systems. Districts 9 and 10, which have no intermediate supplier, are served directly.
The individuals whose collective legal responsibility it is to manage the business and operations of a corporation. Most boards of directors provide oversight authority over management who run the day-to-day operations of a company. The certificate of incorporation and bylaws establish the number of directors for each company, either a range (e.g., five to nine, as determined by the stockholders) or a fixed number (often an odd number to avoid voting deadlocks).
The governing body of a corporation who is elected by shareholders. The directors are responsible for making the decisions for the corporation, selecting the officers and handling supervision and general control of the corporation.
includes the elected officers, appointed officers, committee chairs and any others deemed necessary to carry on branch or state business.
The board of directors of a condominium is elected by the members of the condominium corporation for a period of three years. The board of directors is obligated by the Condominium Act to represent the interest of the unit owners in the condominium with respect to any concerns with the common elements.
Those individuals selected to sit on an authoritative standing committee or governing body, taking responsibility for the management of an organization. Members of the board of directors are officially chosen by the shareholders, but in practice they are usually selected on the basis of the current board's recommendations. The board usually includes major shareholders as well as directors of the company.
The composition of the Board of Directors is particularly critical for an IPO. Typically, a board is composed of inside and outside directors. Inside directors could be management, significant shareholders, venture capitalists, vendors and relatives. Outside directors have no underlying financial or personal relationship with the company that could create a conflict of interest and are on the board for their experience, business judgment and contacts. Outside directors may own stock, but are not large shareholders. Investors should look for a board that has a majority of outside directors. Typically, IPOs add their first outside directors at or immediately after the offering.
Consists of eleven members at FAFCU who are responsible for the direction and control of the business affairs of the credit union; the board approves dividend rates, loan rates, maximum loan amounts and borrowing and investment of funds necessary to transact FAFCU business and other policy matters.
The board of directors are responsible for the general supervision of the corporation. Directors are elected by the shareholders of the corporation. Also, directors are responsible for appointing officers.
Individuals elected by shareholders to oversee the management of the financial institution. The members of a board of directors are paid in cash and/or stock, except for credit union board members who are unpaid volunteers serving as representatives of the entire membership. Boards meet several times each year and assume legal responsibility for the institution’s activities.
The forum in which directors meet to carry out the business of the company. Chairman of the board: Highest ranking officer on the board, and one who usually has more influence and power than other directors. Also from the author of Ownership Revolution Communication strategies and skills that help you get things done
The Board of Directors are elected by the condominium's homeowners. Condominium by-laws outline the number of directors and the length of the term they serve. The board looks after the running of the condominium. It makes sure that money is collected, bills are paid, and violations of the rules and by-laws are addressed. The Board is also responsible for reviewing the condominium's bank statements and preparing and distributing a budget. Even if the Board of Directors chooses to contract a professional management company to run the day-to-day affairs of the condominium, the Board of Directors is still ultimately responsible for management of the condominium.
(1) Individuals elected by stockholders to establish corporate management policies. A board of directors decides, among other issues, if and when dividends will be paid to stockholders. (2) The body that governs the NYSE; it is composed of 20 members who
The governing body of a corporation, elected by shareholders. The directors are responsible for selecting the officers of the corporation, and they assume legal responsibility for corporate activities.
A group of people elected by a company's shareholders to oversee the management of the company. The board members meet several times each year, are paid in cash and/or equity, and take on legal responsibility for corporate activities.
A company's board of directors is usually composed of inside and outside directors; inside directors can include management, venture capitalists, vendors, and significant shareholders, among others, while outside directors have no pre-existing financial or personal relationship with the company that might result in a conflict of interest. Outside directors are not prohibited from owning stock, but are not large shareholders.
People that shareholders have elected to oversee the management of a credit union , corporation , or other organization. Directors meet periodically to fulfill their legal responsibility to represent the other shareholders' interests. Although most organizations pay their directors for their services, most credit union boards consist of unpaid volunteers.
Individuals elected by a corporation's shareholders to oversee the management of the corporation. The members of a Board of Directors are paid in cash and/or stock, meet several times each year, and assume legal responsibility for corporate activities. A board of directors decides, among other issues, if and when dividends will be paid to stockholders. Also called Directorate.
The directors of a corporation, collectively. The directors of a corporation are its governing board. Elected by shareholders, they vote on major corporate matters such as the issuing of shares of stock, election of officers, and approval of mergers and acquisitions.
In relation to a company, a director is an officer of the company charged with the conduct and management of its affairs. The directors collectively are referred to as a board of directors. Sometimes the board will appoint one of its members to be the chairman of the board.