Director

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Director

See: Board of directors.

Directorship

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.

director

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.

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Director