The Board of Directors are appointed by Shareholders to represent their best interest. Further, the Board oversees the activities of the company’s executive management.
The Board of Directors (Board) is a group of individuals elected by a vote of the Shareholders charged with the oversight of the company’s executive management. The Board represents the interest of Shareholders and must act and advise in their best interest. The Board will appoint a Chairman and the company’s CEO. The CEO will be a Board Member. Other members can be either Executives who are company employees or non-Executives external to the company. It is considered best, to have non-Executive members in the majority sitting on the Board. On occasions the CEO will also be the Chairman of the Board. This is not ideal for transparent oversight of the company’s activities. A Board of Directors will meet several times a year, probably quarterly.
Meet the author behind Smartest-Data. Warren William has a career in Finance and Investments extending over 35 years, both on the Buy Side and Sell Side. His most recent roles include, developing Institutional Risk Management Programs for managing Equity and Fixed Income Risk. Prior to this Warren William work in Alternative Investments, in Investment Management and as a Buy Side Equity Analyst. Warren William brings a wealth of knowledge and expertise to the table, providing in-depth analysis and commentary on the latest trends in the Stock Markets. Contact information: wwBLOG@smartest-data.blog or Telegram +393339034488
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