What does boardmember mean?

Definitions for boardmember
board·mem·ber

This dictionary definitions page includes all the possible meanings, example usage and translations of the word boardmember.


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Wikipedia

  1. boardmember

    A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the chief executive officer of the corporation and sets out the overall strategic direction. In corporations with dispersed ownership, the identification and nomination of directors (that shareholders vote for or against) are often done by the board itself, leading to a high degree of self-perpetuation. In a non-stock corporation with no general voting membership, the board is the supreme governing body of the institution, and its members are sometimes chosen by the board itself.

ChatGPT

  1. boardmember

    A board member is an individual who serves on the board of directors of an organization or company. Board members are responsible for providing oversight, guidance, and governance to the organization, and typically have a fiduciary duty to act in the best interests of the organization and its stakeholders.

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Numerology

  1. Chaldean Numerology

    The numerical value of boardmember in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of boardmember in Pythagorean Numerology is: 6

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"boardmember." Definitions.net. STANDS4 LLC, 2024. Web. 30 Apr. 2024. <https://www.definitions.net/definition/boardmember>.

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