- published: 17 Sep 2014
- views: 1254
A non-executive director (abbreviated to non-exec, NED or NXD) or external director is a member of the board of directors of a company or organisation who does not form part of the executive management team. They are not employees of the company or affiliated with it in any other way and are differentiated from inside directors, who are members of the board who also serve or previously served as executive managers of the company (most often as corporate officers). However they do have the same legal duties, responsibilities and potential liabilities as their executive counterparts.
Non-executive directors are directors who act in advisory capacity only. Typically, they attend monthly board meetings to offer the benefit of their advice and serve on committees concerned with sensitive issues such as the pay of the executive directors and other senior managers; they are usually paid a fee for their services but are not regarded as employees.
All directors should be capable of seeing company and business issues in a broad perspective. Nonetheless, non-executive directors are usually chosen because they have a breadth of experience, are of an appropriate caliber and have particular personal qualities.
How do the duties of non-executive directors differ from those of executive directors? And more importantly for practitioners, what differences are there - if any - in the liabilities they are exposed to? In the full-length video, Michael Gibbon QC from Maitland Chambers shares his expertise for those with non-executive director clients to advise. By furthering your understanding, you can help ensure they demonstrate the necessary care, skill and diligence that's required in this commonly misunderstood role. The topics Michael covers include: -- The concept of directorship in a commercial context -- The concept of non-executive directors -- Regulatory provisions for non-executive directors -- Legal obligations of non-executive directors -- How the courts have treated non-executive di...
It is a competitive process you need to 'Dare them not to appoint you'.
As MP Patricia Hewitt steps up to the board of BP, Hanson looks at the dangers of a revolving door from politics to business, after losing it to a bit of Hot Chip. Hey: why not?!
Non-execs can be a great support for a growing business, but how do you interest them if you don’t have a large budget? The solution is for SMEs to ‘share’ directors as non-execs. This encourages business leaders to develop executive skills in other organisations and creates opportunities for companies to experience a non-executive from a pool of talented professionals. On this edition of Business Connections Live we talk to Martin Hawley MD of Boardcircle which was created to provide a unique opportunity for small and medium sized companies to effectively ‘share’ directors, as non-executives. https://www.boardcircle.me/ You Can Contact Business Connections Live The UK’s Leading Online Business Channel: Visit our Website http://businessconnectionslive.com Follow us on Twitter for the la...
IoD lead governance tutor, Paul Munden, offers his tips on how to become a non-executive director. www.iod.com/connect
In our third and final video with Deanna Oppenheimer (Non-Executive Director at Tesco Bank, AXA and Worldpay) and Stephen Humphreys (Head of Propositions, Huntswood), Phil Festa, Huntswood’s Director of Non-Executive Engagement asks about the due diligence NEDs should be employing when considering new positions.
Panellists Ian Dormer, CDir, Kit Bingham, Dr Roger Barker, Jo Haigh, John Dembitz and Sally Cohen speaking at the Role of the Non-Executive Director programme launch, which took place Wednesday 11 March at the Institute of Directors (IoD). To find out how the IoD Non-Executive Director programme can support you please visit www.iod.com/ned.
NED-Executive Directors Awards 2009 Interview with Ken Olisa, Thames Reach, winner of the Not-for-Profit category
Non-formal Education Center, under the Ministry of Education (MOE), is one of the central level technical and professional agencies responsible primarily for literacy and non-formal education. This organization was set up as a central level agency in 1999 with a vision of creating literate society so that every member of the society can make remarkable contribution to uplifting quality of life and in turn building nation. The Government of Nepal in 2013 for the first time started non-formal education program with an aim of making the people literate particularly in Nepali language. However, its need was already felt immediately after the establishment of the democracy in 2007 because only 3% of the people were literate in the country at that time. Similarly, the Seti Project implemented ...
What role does a Non-Executive Director play in the Board? Hear it straight from PwC's Effective Board Member Programme facilitator. To learn more visit our website: http://www.pwc.com/m1/en/pwcacademy/PwC-Effective-Board-Member.html
Erin Hill is the executive director for Act Blue, a non-profit progressive fund-raising organization. Watch Hill and Richard discuss the organization as well as the important US Senate races to look out for in 2016. Join #FOWLERNATION!! http://bit.ly/SubscribeFowlerNation Become a Patron! http://Patreon.com/FowlerShow 3 Steps To Join #FowlerNation! 1. Subscribe To The Fowler Show: http://bit.ly/SubscribeFowlerNation 2. 'Like' The Richard Fowler Show on Facebook http://www.facebook.com/RichardFowlerShow 3. 'Follow' Us on Twitter http://www.twitter.com/fowlershow These Patrons make the Fowler Show possible ($20+ monthly donation on Patreon.com/FowlerShow) & we couldn't do it without them! Truthservers.com Are you a fan of The Fowler Show? Become a Patron & help support independent media!...
The requirement under Solvency II to have deep-seated technical knowledge is likely to challenge many non-exec directors, says RPC Consulting's Rory O'Brien.
A deep look at why non-executive directors should build thought leadership on LinkedIn. Featuring Steve Pell from Thought Leadership Partners. 0:00 - 06:15 - Why directors should build thought leadership 06:15 - 08:15 - Areas of expertise 08:15 - 10:21 - The benefits of LinkedIn 10:20 - 11:50 - How thought leadership delivers value to organisations See the full post and transcript at http://www.linkedin.com/pulse/linkedin-guide-thought-leadership-non-executive-russell-yardley-faicd
Diversification of risk, stable reliable yield, team of professionals
Jo Cain presents why stakeholder engagement is critical to earning and maintaining a social licence to operate, how to identify your stakeholders and work out what is important to them - materiality determination.
Kay Ellen Consolver Non Executive Director & Strategic Advisor discusses with Mark Sadovnick Leadership and More!
Sir Ian Cheshire was appointed as the government’s Lead Non-Executive Director in April 2015, taking over from Lord Browne. Sir Ian has had a long and distinguished career in the private sector, most recently as Chief Executive of Kingfisher plc, and was formerly the Lead Non-Executive Director of the Department for Work and Pensions. At this event he reflected on the impact which non-executives have had to date in departments and across Whitehall, and on the priorities for non-executive directors in the future.
Karen Crowley presents a tested process for hiring a nonprofit executive director at Leadership Snohomish County's annual Community Board Training at Everett Community College in Everett, WA. Crowley is Vice President of Investor Relations at United Way of Snohomish County.
Laura joined the Marks & Spencer Board in July 2011. Laura was previously at Tesco plc where she held a variety of senior roles from 1997. She was the CEO of Tesco.com for seven years. Prior to that she was Group Strategy Director & the Marketing Director, Clubcard. Prior to joining Tesco Laura worked at Gemini Consulting and Kleinwort Benson. Laura was also a non-executive director of Trinity Mirror from 2006 until May 2012.
In Britain it is possible to register as a non-executive director or CEO even if you dont exist. The politicians do this all the time engage their family in the fraud networks and register their businesses in the house of commons or the Lords. You can fabricate birth dates, middle initials, or register with mail forwarding addresses who take £45 to deny that you actually exist as a corporate entity. The Parliamentarians, cabinet members and former PMs we discuss here are heavily tainted by war crimes issues in Iraq Afgahnistan and in fee crimes against British students yet they are beyond the law or even a superficial investigation into their true "earnings". Citizens engaging a lawyer even in civil disputes have to provide hard evidence. Birth certificates, passports, driving licences o...
Nicole Brown, Psy.D., Executive Director of the non-profit Learning Dynamics, Inc., discusses her experience visualizing and building her non-profit organization from the ground up. Recorded May 25, 2011 at Pepperdine University Libraries' West LA branch.