dissident director

Dissident Director

A member of the board of directors who speaks out against the company or organization's policies and tries to change them, but lacks to votes to do so.

dissident director

A director who wishes to change a firm's policies and generally acts in opposition to the wishes of the other directors.
References in periodicals archive ?
In its April 10, 2015 report, which supported the Company's nominees and rejected dissident director Elaine Wynn, Glass Lewis stated[sup.
BERLIN - Iranian dissident director Jafar Panahi won the Golden Bear top prize at the 65th Berlin film festival Saturday for "Taxi", his third movie made in defiance of an official ban.
With The Camden Group recommending layoffs, Chief Executive Officer Les Wong is asking the board for a severance agreement that would pay out $600,000, according to dissident director Steve Fox.
It further distances him from the days when he was known internationally as a dissident director, since his earlier films were banned by movie censors.
The letter also points to dissident director Ahmed Hussein's checkered business history and corporate governance violations.
In contrast, in addition to what we believe are significant experience gaps in the Starboard slate, four of Starboard's nominees have been nominated and added to at least one other Board through Starboard (Peter Feld, James Fogarty, Cynthia Jamison and Jeff Smith), and several nominees have previously led their own activism campaigns or served as dissident director candidates (Betsy Atkins, Brad Blum, Peter Feld, William Lenehan and Jeff Smith).
It is rumoured dissident director Paul Gregg is planning similar tactics this time.
Fiorina's four-plus hours on the witness stand came immediately after lawyers for dissident Director Walter Hewlett said company memos and a personal diary showed that HP executives knew the Compaq deal was likely to work out far worse than what the companies were publicly touting.
Asks QSI Shareholders for Their Support in Fight with Dissident Director Ahmed Hussein
Up until Circon it was rather rare that someone ended up on a board as a dissident director.
All Three Leading Shareholder Voting Advisory Firms Now Support QSI in Fight with Dissident Director Ahmed Hussein
The Board's] decision to not appoint either dissident director to any board committee until this month is troubling, particularly given the two independent directors were appointed as part of a shareholder monitoring mechanism, and lends some support to the dissidents' claims.