BNET Business Dictionary

Business Definition for: Board Of Directors

  • the people selected to sit on an authoritative standing committee or governing body, taking responsibility for the management of an organization. Members of the board of directors are officially chosen by stockholders, but in practice they are usually selected on the basis of the current board's recommendations. The board usually includes major stockholders as well as directors of the company.
  • Also known as Board

Wiktionary Definition for: Board Of Directors

  • a group of people, elected by stockholders, to establish corporate policies, and make management decisions

Additional Resources

Working Effectively As a Member of the Board of Directors
Every incorporated business has a board of directors. The board's role is to define the goals of the enterprise and adopt broad strategies to achieve them. The board appoints, supports, and counsels a chief executive officer (C.E.O.) whose job is to implement that strategy. Board members must understand that...
Tags: chairman, leadership, team, appraisal, strategy, CEO, shareholder, performance, supplier, job, C.E.O., BNET Editorial, Corporate Law, Business Operations, Corporate Governance, Director, Member, Board
Articles 2007-10-02
Fifth Third Bancorp Corporate Governance Guidelines: As Adopted by the Board of directors on March 18, 2003
This corporate governance principles have been approved and adopted by the Board of Directors of Fifth Third Bancorp. These principles, along with Fifth Third's articles of incorporation, code of regulations and charters of the various committees of the Board, provide the foundation for the governance. This corporation governance discusses the...
Tags: Board, Fifth Third Bancorp, Board Of Directors, Fifth Third Bank, Corporate Governance, Business Operations, Corporate Law
White papers 2003-01-01
Bemis Company Announces Board of Directors Changes and Management Promotions
MINNEAPOLIS -- Bemis Company, Inc. (NYSE:BMS) announced that effective today the Board of Directors has approved several changes to the board of directors and management of Bemis Company. Board of Directors Changes John H. Roe, a director of Bemis since 1978 and Chairman of the Board of Directors...
Tags: Bemis Company Inc.
Research articles 2005-05-05
Wenda Harris Millard, President, Media, Martha Stewart Living Omnimeda, Elected Chairman of IAB Board of Directors
IAB Also Names Executives from AT&T and BabyCenter to Board of Directors NEW YORK -- The Interactive Advertising Bureau IAB announced today that its Board of Directors has elected Wenda Harris Millard as Chairman. Millard has served as Vice Chair of the IAB Board of Directors since September 2007...
Tags: advertisement, AT&T Corp., BabyCenter, board, Interactive Advertising Bureau, Martha Stewart Living Omnimedia Inc., media, president
Research articles 2008-02-05
The SNIA Announces its 2007 Board of Directors
ORLANDO, Fla. -- in the listing of the Board of Directors, James Geronaitis should be associated with Permabit sted CA. The corrected release reads: THE SNIA ANNOUNCES ITS 2007 BOARD OF DIRECTORS The Storage Networking Industry Association SNIA is pleased to announce its 2007 Board of Directors...
Tags: board, HARDWARE, Storage, Storage Networking Industry Association
Research articles 2006-10-30
Hillenbrand Industries, Inc. - Corporate Governance Standards For Board Of Directors
The corporate governance standards established by the Board of Directors provide a structure within which directors and management can effectively pursue the Company's objectives for the benefit of its shareholders and other constituencies. The Board will consider all major decisions of the Company. However, the Board has established the ...
Tags: Board, Policy Statement, Board Of Directors, Standards, Hillenbrand Industries Inc., Hillenbrand Industries, Corporate Governance, Regulatory Compliance, Business Operations, Corporate Law, Human Resources, Policies And Procedures
White papers 2003-09-10
NEII Announces New Board of Directors
NEW YORK -- The National Elevator Industry, Inc. NEII announced the election of its new Board of Directors, including officers and Trust Committee members. These elections were effective May 3, 2005, with the commencement of NEII's spring Board meeting in Simsbury, CT. Board of Directors/ Officers The NEII...
Tags: Otis Elevator Co.
Research articles 2005-05-05
United States Steel Corp. (People).(Frank J. Lucchino elected to board of directors )(Brief Article)
Frank J. Lucchino has been elected to the board of directors of United States Steel Corp., Pittsburgh. Lucchino ... Frank J. Lucchino has been elected to the board of directors of United States Steel Corp., Pittsburgh. Lucchino previously served on the board of directors...
Tags: board, board of directors, United States Steel Corp.
Research articles 2003-05-01
Arrow Electronics Elects Fran Keeth to Its Board of Directors
MELVILLE, N.Y. -- Arrow Electronics, Inc. (NYSE:ARW) today announced that Fran Keeth, 57, has joined its Board of Directors. Ms. Keeth will bring the number of independent directors on Arrow's 10-person Board of Directors to 9, continuing Arrow's commitment to maintain a substantial majority of independent directors. Ms. Keeth will...
Tags: board, board of directors
Research articles 2004-08-03
American CareSource Holdings, Inc. Announces the Election of John Hatsopoulos as an Independent Member of Its Board of Directors
American CareSource Holdings, Inc. (AMEX: XSI) announced today that the Board of Directors has elected John Hatsopoulos as an independent member of its board of directors. The election of Mr. Hatsopoulos increases the number of Board members from seven to eight directors, with five members of the Board qualifying...
Tags: board, board of directors
Research articles 2006-12-13
National Safety Council Elects DuPont Executive to Board of Directors
ITASCA, Ill., Oct. 13 /U.S. Newswire/ -- Ellen J. Kullman, Group Vice President - DuPont Safety & Protection, has been elected to the National Safety Council Board of Directors. The Board of Directors, now comprised of 31 members, is the Council's prITASCA, Ill., Oct. 13 /U.S. Newswire/ -- Ellen...
Tags: board, board of directors, DuPont Co.
Research articles 2004-10-13
Henrikson looks forward to leading MetLife in New Era.(C. Robert Henrikson to the board of directors as chairman and chief executive officer)(Brief Article)
The board of directors of MetLife unanimously elected president and chief operating officer C. Robert Henrikson to the board of directors as chairman and chief executive officer. Henrikson will succeed Robert Benmosche, who announced in December 2005 The board of directors of MetLife unanimously elected president...
Tags: board, board of directors, MetLife Inc.
Research articles 2006-02-01
Donald T. Nicolaisen and Hutham S. Olayan Nominated for Election to Morgan Stanley Board; Former SEC Chief Accountant and Prominent International Businesswoman to Bring Broad and Valuable Experience to Firm's Board of Directors
NEW YORK -- Morgan Stanley (NYSE: MS) announced today that its Board of Directors has nominated Donald T. Nicolaisen and Hutham S. Olayan to serve as members of the Company's Board of Directors. Mr. Nicolaisen, a former Chief Accountant for the Securities and Exchange Commission, and Ms. Olayan, who leads...
Tags: board, board of directors, Morgan Stanley, SEC
Research articles 2006-02-09
Ellen Kullman elected to General Motors Board of Directors.
M2 PRESSWIRE-7 October 2004-DUPONT: Ellen Kullman elected to General Motors Board of DirectorsC1994-2004 M2 COMMUNICATIONS LTD RDATE:10062004 Ellen Kullman, group vice president - DuPont Safety & Protection, has been elected to the General Motors Board of Directors. Ellen's election increases the...
Tags: board, DuPont Co., General Motors Corp.
Research articles 2004-10-07
Clariant Board of Directors Appoints Jurg Witmer as Chairman
MUTTENZ, Switzerland -- At its meeting today, Clariant's (SWX:CLN) Board of Directors elected Jurg Witmer as Chairman and Rudolf Wehrli as Vice-Chairman. Jurg Witmer replaces Roland Losser, who decided not to stand for re-election to the Board of Directors at today's Annual General Meeting. Rudolf Wehrli replaces Tony Reis, who...
Tags: Clariant Corp.
Research articles 2008-04-10
IKOS Announces New Board Members; Jackson Hu, President and CEO of SiRF Technology and William Stevens, Founder of Triad Systems, Join the IKOS Board of Directors
CUPERTINO, Calif.--BUSINESS WIRE--Dec. 18, 1998--IKOS Systems, Inc. (Nasdaq:IKOS) today announced that it has added two new members to the Company's Board of Directors. The new Directors are Jackson Hu, age 39, and William Stevens, age 57. IKOS also announced that Lutz Henckels has resigned from the IKOS Board of...
Tags: Company, S3 Inc., SiRF Technology Inc.
Research articles 1998-12-18
Five New Independent Directors To Join Comverse Technology Board Of Directors
NEW YORK -- Comverse Technology, Inc. (NASDAQ: CMVT) today announced that Susan D. Bowick, Charles J. Burdick, Richard N. Nottenburg, Joseph O'Donnell and Theodore H. Schell were elected by the Board of Directors as independent directors to fill vacant positions on the company's Board and will begin service on December...
Tags: board, board of directors, Comverse Technology Inc.
Research articles 2006-11-20
RESHUFFLE OF "GAZPROM" BOARD OF DIRECTORS
A&G Information Services 06-12-2001 RESHUFFLE OF "GAZPROM" BOARD OF DIRECTORS ST.PETERSBURG, RUSSIA, ¾ (A&G News via COMTEX) -- The Board of directors of OAO "Gazprom" accepted Rem Vyahirev's resigna A&G Information Services 06-12-2001 RESHUFFLE...
Tags: board, board of directors, Gazprom
Research articles 2001-06-12
Warren Lieberfarb, Architect of the DVD, Joins SIRIUS Board of Directors
DVD News 10-06-2003 Warren Lieberfarb, Architect of the DVD, Joins SIRIUS Board of Directors DVD NEWS-6 October 2003-Warren Lieberfarb, Architect of the DVD, Joins SIRIUS Board of Directors C1999-2003 DVD News. Distributed for AM Newswire Inc DVD News ...
Tags: board of directors, DVD, Sirius
Research articles 2003-10-06
O.I. Corporation Announces Reduction in Size of Board of Directors and Date of Annual Meeting of Shareholders
O.I. Corporation (NASDAQ: OICO) today announced that its Board of Directors has nominated five directors to stand for election at the Company's upcoming Annual Meeting of Shareholders. The Company's Board is currently comprised of seven directors, including five independent directors. The reduction in the size of the Board...
Tags: Annual Meeting, board, board of directors, shareholder
Research articles 2008-02-13
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