What is a company director?
“A company director is one of the group of managers at the highest level in a company who control it and are in charge of making decisions about how it is run.”
Cambridge Business English Dictionary
“A company director is an appointed or elected member of the board of directors of a company who, with other directors, has the responsibility for determining and implementing the company’s policy.”
In the context of this text, a director is an individual who has been appointed to the board of directors of a limited company and who incurs the full stewardship and legal responsibilities of that position.
Directorship is a hands-off approach to value creation that complements c-suite leadership. Focused on value, directorship describes what boards do to create strong, resilient and enduring organisations.
Directors hold a position of trust on behalf of the shareholders and direct the company’s operations on their behalf. The types of director appointed and the extent of their authority depends on the company’s Articles of Association