An individual acting as AGENT of the shareholders of a company. A director is responsible, along with other members of the BOARD OF DIRECTORS, for overseeing the activities of the executive management team and exercising DUTY OF CARE and DUTY OF LOYALTY in protecting the interests of shareholders. See also EXECUTIVE DIRECTOR, INSIDE DIRECTOR, LEAD INDEPENDENT DIRECTOR, NONEXECUTIVE DIRECTOR, OUTSIDE DIRECTOR.
Link to This DefinitionDid you find this definition of DIRECTOR helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary