What does supervisory board mean?
Definitions for supervisory board
su·per·vi·sory board
This dictionary definitions page includes all the possible meanings, example usage and translations of the word supervisory board.
Wiktionary
supervisory boardnoun
A group of people chosen by the shareholders of a company to promote their interests through the governance of the company and to hire and supervise the executive directors and CEO.
Wikipedia
Supervisory board
In corporate governance, a governance board also known as council of delegates are chosen by the stockholders of a company to promote their interests through the governance of the company and to hire and fire the board of directors. In civil service, a supervisory board or regulatory board is often a legislatively independent body with authority over other non-governmental boards (i.e. boards embedded within and run by industry bodies), such as found in some systems of regulated marketing, especially in the agricultural sector. The scope of supervision is to supervise other supervisory bodies. Industry boards are typically oriented toward their own stakeholders, while the second-instance supervision takes a broader view of all stakeholders, including the public interest. Corporate governance varies between countries, especially regarding the board system. There are countries that have a one-tier board system (like the U.S.) and there are others that have a two-tier board system like Germany. In a one-tier board, all the directors (both executive directors as well as non-executive directors) form one board, called the board of directors. In a two-tier board there is a separate management board i.e., board of directors (all executive directors and all non-executive directors) and a separate governance board i.e. council of delegates (all executive delegates and all non executive delegates). The council of delegates representing the governance board is the equivalent of the management board i.e. board of directors of a single-tier board, while the chairman of the management board is reckoned as the company's chief executive officer and managing director. These 03 positions are held by the same individual.
Wikidata
Supervisory board
A supervisory board or supervisory committee, often called board of directors, is a group of individuals chosen by the stockholders of a company to promote their interests through the governance of the company and to hire and supervise the executive directors and CEO. Corporate governance varies between countries, especially regarding the board system. There are countries that have a one-tier board system and there are others that have a two-tier board system like Germany. In a one-tier board, all the directors form one board, called the board of directors. In a two-tier board there is an executive board and a separate supervisory board.
Numerology
Chaldean Numerology
The numerical value of supervisory board in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of supervisory board in Pythagorean Numerology is: 2
Examples of supervisory board in a Sentence
I feel responsibility, and as long as I have the full support of the supervisory board and management, I accept this responsibility to solve the problem and lead the company into the future.
Gonzalo (...) stood out as a strong internal candidate during an extensive and rigorous search process led by the Supervisory Board, that considered both external and internal candidates.
In Daimler and BMW, you have a supervisory board that is controlling the CEO. But at VW you have no such authority.
These additions will bring true shareholder representation to the company and will further enhance the industrial expertise of the board, we have known Nassef Sawiris for many years and believe that his industrial expertise and capital allocation prowess are an invaluable addition to the Adidas supervisory board.
Chief Executive Per Utnegaard:
The supervisory board is in agreement with our milestones and our strategy in the future.
Translations for supervisory board
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"supervisory board." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/supervisory+board>.
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