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 ?
The dissident director -- who was previously sentenced to six years in prison in 2010 for filming without a permit -- won the Certain Regard section of the world's biggest film festival two years ago with his acclaimed film about small town corruption, "A Man of Integrity".
Kukielski while noting that there is "some momentum working against the director solicitation pursued by Waterton." The proxy advisor concerns with the Waterton director nominees are consistent with the views expressed by many Hudbay shareholders and independent analysts, who do not support the election of any dissident director nominees beyond David Smith, who was previously added to Hudbay's slate.
(11) Martin Lipton, Bylaw Protection Against Dissident Director Conflict /Enrichment Schemes, HARV.
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.
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 proposed rules would require proxy contestants to provide shareholders with a proxy card that includes the names of both management and dissident director nominees.
It logically follows that a dissident director's fiduciary duties extend to any information received as a director, and that all this information must be kept confidential and not misused.
It is rumoured dissident director Paul Gregg is planning similar tactics this time...but he might as well try to spray the boardroom walls with the red of Liverpool.
Up until Circon it was rather rare that someone ended up on a board as a dissident director. The argument was that it would disrupt board process and disrupt the proper monitoring by the board of management.
Among the many twists and turns in the battle--as management fought hard to remain independent and shareholders voted decisively to sell the company--Elson was elected to the board by disgruntled holders as a dissident director. Along with Victor Krulak, a former general in the U.S.
We also went out of our way to enhance shareholder democracy with respect to a transaction that does not require a shareholder vote, including facilitating Mangrove's ability to object to the transaction, by offering a "governance out" that would allow the TransAlta Board to postpone closing and exit the deal if two or more directors not nominated by management are elected at the upcoming shareholders' meeting, and by granting Mangrove a 10-day extension to accommodate its express desire to nominate dissident directors. In contrast, Mangrove and its joint actor, Bluescape Energy Partners, are offering shareholders nothing.
Cannes this year has made a show of support for dissident directors in Iran, namely Panahi, and Russia in unveiling its selection of films to compete for the festival's Palme d'Or prize.