Hmmm anies...im sure he is legally required to do a bit more than look pretty
"What does the role entail? A non-executive director’s responsibilities will normally be outlined in the corporate governance charter and may also be touched on in a director’s letter of appointment. Specific terms will vary from organisation to organisation, but will usually cover a director’s responsibility in relation to: • effective governance of the organisation; • formulation of the organisation’s strategic direction; • recruitment and performance of the CEO; • reviewing, approving and monitoring the business plan and annual budget; • contribution to the development of board and organisational policies; • compliance with the legal requirements of being a director; • monitoring risks facing the organisation; • compliance with legal and regulatory requirements of running a business; • any specific requirements in relation to stakeholders and networking on behalf of the organisation; • involvement with a board sub-committee; and • identifying skills required by the board and potential candidates; "
Hope that clarifies
Thats up there with your review disaster from the other day...literally the gift that keeps on giving
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- Ann: Michael Malone Appointed as Non-Executive Chairman
Ann: Michael Malone Appointed as Non-Executive Chairman, page-135
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