Director Responsibilities

Board of Director responsibilities 

  • Select evaluate and when appropriate replace the CEO.
  • Determine executive compensation.
  • Review and when called for approve financial objectives.
  • Review and when called for approve strategies. 
  • Provide advice and counsel to officers and management.
  • Select and approve on new Directors.
  • Review operations to ensure compliance.
  • Protect shareholder interests

 

Optimally Board of Directors Other Duties

  • Corporate Strategy.
  • CEO performance evaluation.
  • Executive succession planning.
  • Risk assessment.
  • Crisis management.
  • Bring wisdom and perspective.
  • Act as a sounding board for the CEO.
  • Assist in strategic transactions.Leadership development.