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Business English vocabulary · Company Structure

Board of directors

Meaning in business english, with examples

/ˌbɔːrd əv dəˈrektərz/nounCommon term

In business english, board of directors means: The group of people elected by a company's shareholders to oversee its management and make major decisions, such as appointing the CEO.

In Turkish: yönetim kurulu

How it is used

Often shortened to 'the board': board meeting, board member, 'present to the board'. It is led by a chair (chairman or chairperson). Members can be executives or independent non-executive directors.

Example sentences

  1. The board of directors approved the acquisition at yesterday's meeting.

  2. She was appointed to the board of directors last year as an independent member.

Common collocations

  • board meeting
  • board member
  • chair of the board
  • present to the board
  • board approval
  • CEOShort for chief executive officer: the highest-ranking manager in a company, responsible for its overall strategy and results.
  • C-suiteThe group of a company's most senior executives, whose job titles usually begin with 'chief', such as the CEO, CFO and COO.
  • chairTo lead a meeting by opening it, following the agenda, giving people turns to speak and keeping time. As a noun, the person who does this.
  • stakeholderA person or group that is affected by a project or company decision, or has an interest in it, such as employees, customers, investors or suppliers.
  • subsidiaryA company that is owned or controlled by another company, called the parent company, but is a separate legal entity.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Company Structure

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