What is the difference between an executive and non executive director?
How do their roles differ?
How do their responsibilities differ?
Interested from an NHS/Govt Service perspective.
Answers:
The key difference is that the non-Exec director is not on the company payrole.
An Executive director is the senior manager or executive officer of an organization, company or corporation. The position is comparable to a chief executive or managing director. An executive director is usually paid or remunerated for his or her work.
A non-executive director or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way. They are differentiated from inside directors, who are members of the board also serving as executive managers of the company (most often as corporate officers).
the spelling
the exec deals with a bunch of paperwork and a little filming
the dir deals with a bunch of filming and a little paperwork
who cares! show me the money!
feck the turnover, feck the price, its all about the GP% in your pocket, get it real.
the money babe and the executive talks more cr@p
well in the pubic sector
the stockholders vote in the Board of Directors
the BOD votes in the CEO
the CEO runs the company
etc, on down the line
if a stockholder gets 51% of the stock, that person calls the shots
about 20 grand!
about 20 grand a year
They're both nice titles, but nobody quite knows what they're for. It's rather like having a bidet !
Basically an executive director has an active role in the company eg managing the finances as finance director, or as managing director of a division.
A non exec serves on the board, but is not involved in the actual running of the business. They are there purely to represent the interests of share holders (which is, in theory, the job of the board) and to provide some external expertise.
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How do their responsibilities differ?
Interested from an NHS/Govt Service perspective.
Answers:
The key difference is that the non-Exec director is not on the company payrole.
An Executive director is the senior manager or executive officer of an organization, company or corporation. The position is comparable to a chief executive or managing director. An executive director is usually paid or remunerated for his or her work.
A non-executive director or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way. They are differentiated from inside directors, who are members of the board also serving as executive managers of the company (most often as corporate officers).
the spelling
the exec deals with a bunch of paperwork and a little filming
the dir deals with a bunch of filming and a little paperwork
who cares! show me the money!
feck the turnover, feck the price, its all about the GP% in your pocket, get it real.
the money babe and the executive talks more cr@p
well in the pubic sector
the stockholders vote in the Board of Directors
the BOD votes in the CEO
the CEO runs the company
etc, on down the line
if a stockholder gets 51% of the stock, that person calls the shots
about 20 grand!
about 20 grand a year
They're both nice titles, but nobody quite knows what they're for. It's rather like having a bidet !
Basically an executive director has an active role in the company eg managing the finances as finance director, or as managing director of a division.
A non exec serves on the board, but is not involved in the actual running of the business. They are there purely to represent the interests of share holders (which is, in theory, the job of the board) and to provide some external expertise.
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