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A seat on the board of directors of a company or other organization. A directorship allows one to have a direct say in a company's policies, particularly regarding dividend payments, the hiring and firing of major executives, and so forth. One receives a directorship as the result of a shareholder vote. Generally speaking, directors are nominated on the basis of whom they intend to represent, whether that be management, a particular block of shareholders, or even the company's employees.


A member of a firm's board of directors. A director also may hold a management position within the firm. See also inside director, outside director.


an official of A JOINT-STOCK COMPANY elected by the SHAREHOLDERS at the company's ANNUAL GENERAL MEETING and charged with certain powers and responsibilities to run the company on behalf of the shareholders. Each company will have a number of directors who constitute the BOARD OF DIRECTORS and the directors will meet regularly to determine company policy. The board generally elects one of their number to act as chairman of the BOARD OF DIRECTORS and may also elect one of their number to serve as managing director with responsibility for the day to day management of the company. Some directors will be executive directors and will hold senior salaried management posts in the company; others may be non-executive directors who are not primarily employed by the company but may be bankers or executives employed by other companies, contributing their expertise at board meetings in return for directors' fees. See CORPORATE GOVERNANCE.
References in periodicals archive ?
Pete van de Gohm, CPP, is directer of information asset protection for Enron Energy Services Inc.
Armbrister, the Directer of the Office of Planning and Program Development for Region 10 of FHWA, challenging the government's selection of the road alternative.
Leonardo, who shot to fame in the recent remake of Romeo and Juliet, has been picked for the role by directer James Cameron, who directed DiCaprio in Titanic.
It is because of this concern that the JISC is pursuing regulatory negotiations with the EPA to determine effective CTGs for wood finishing operations, said Sue Perry, BIFMA's directer of government affairs.
Linda Billhymer, Directer of Marketing, talks about how consumers will use Bluetooth technology & what Motorola is doing to participate in the space.
The Directer of the Eurpean Department of the Ministry of Foreign Affairs, Ambassador Abdul-Moniem Osman, indicated in a statement to SUNA that the talks between the two sides would tackle the biletral relations between Sudan and Belarusia and means for consolidating them as well as fields of economic cooperation between the two countries.
Studying abroad is very common among Indian nationals, but "we shouldn't conclude that students can migrate en masse seeking universities elsewhere," Manipal University's Dubai Campus Directer B.

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