director

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Director

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.

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 classic literature ?
The place, he assured us, is no other than the crater of a half-extinct volcano, in which the directors had caused forges to be set up for the manufacture of railroad iron.
When you drove home after the concert I called upon Scotland Yard and upon the chairman of the bank directors, with the result that you have seen.
In this I felt that the Board of Directors had paid a tribute to me.
The instant the action of the directors becomes known, Ward Valley will rush heavenward.
If I were to plead anything in mitigation of the preposterous fancy that a bad design will sometimes claim to be a good and an expressly religious design, it would be the curious coincidence that it has been brought to its climax in these pages, in the days of the public examination of late Directors of a Royal British Bank.
Safety from external danger is the most powerful director of national conduct.
Des betes de somme,--des betes de somme," murmured scornfully the director.
The Theatin father, your eminence's director, was sent for this evening; and he cannot come again to my lord till after to-morrow.
The latter was very attentive to Anna Pavlovna because he wanted to be appointed director of one of the educational establishments for young ladies.
The Abbot of that monastery was a gentleman by birth, a learned writer and a starets, that is, he belonged to that succession of monks originating in Walachia who each choose a director and teacher whom they implicitly obey.
The news of the union of the two divisions, that of La Billardiere and that of Clergeot, under one director, had spread through the various offices.
But the populace, seeing in that title an allusion damaging to Barbicane's project, broke into the auditorium, smashed the benches, and compelled the unlucky director to alter his playbill.

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