Corporate Governance · glossary
The director an investor nominates under its investment agreement: at Brackenholme, Rachel Achterberg, a partner at Calderbank. She owes the same duties as every director and votes as she judges best for the company. She passes board information to Calderbank only as the agreement allows. Definition: Investor Director · Charter §8.1 · Charter §7.4 · Chapter 1 · Chapter 5
Explained in Chapter 1, What a Board Is For, of Corporate Governance.
The main page for this term is Investor Director, in Venture Deals.
Rachel is a non-executive, but she fails the third test. She is the Investor Director, nominated by Calderbank. She may take Calderbank's views into account, but she must use her own judgement and vote as she judges best for the company (section 173).Read Chapter 1, What a Board Is For →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Corporate Governance and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
the director appointed to the Board by Calderbank under the Investment Agreement.Read the definition in the document →
Related terms
Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Corporate Governance → · All terms A–Z →