Corporate Governance · glossary
A director with no job in the business. Brackenholme has three: Edmund Ferrar and Dr Anand Raghavan, who are independent, and Rachel Achterberg, who is not. Only non-executives sit on the board's committees. Charter §6.2 · Chapter 1 · Chapter 7
Explained in Chapter 1, What a Board Is For, of Corporate Governance.
The layers are not the people. Margaret sits in all three, as a shareholder, a director and the chief executive. A director who also works in the business, like Margaret and the chief financial officer, is an executive director. A non-executive director has no job in the company.Read Chapter 1, What a Board Is For →
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