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Definition of

executive director

Corporate Governance

director in senior management position a senior employee of an organization, usually with responsibility for a specific function and usually, but not always, a member of the board of directors

Recommended Further Reading (Term count)
  • Identifying the Right Nonexecutive Director
    by Terry Carroll
    The “Credit Crunch” has thrown up many challenges and controversies. The extraordinary losses at Société Générale were reminiscent of the Barings debacle. The unaccountable losses suffered by many banks, especially in America, also beg serious questions about nonexecutive directors (NEDs). Never have times been tougher, or the challenges greater—and not just for banks but for all companies. Never has there been a clearer need for the right...
  • Requirements of the UK Combined Code on Corporate Governance
    This checklist explains the meaning of the Combined Code and its requirements.
  • Engaging Senior Management in Internal Control
    by Philip Ratcliffe
    Top managers in any organization have many calls on their time and attention. Vying for their attention will be customers, suppliers, employees, consultants, and many others. Internal controls can easily be squeezed out of their agenda. The problem this can create is that if senior management does not take control seriously, the “tone from the top” will be wrong—and if the people in charge don’t care, then why should anyone else in the...
  • Regulatory Responsibilities of Executive and Nonexecutive Directors: An International Overview
    This checklist provides an overview of the regulatory responsibilities of executive and nonexecutive directors.

Definitions of ’executive director’ and meaning of ’executive director’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’executive director’ and other financial terms with our online QFINANCE Financial Dictionary.

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