answersLogoWhite

0


Best Answer

Yes, if the companies are nonprofits and you are an unpaid member of the board. Some BOD's have regulations for serving, so check with the executive members of staff first. Remember that you are signing an agreement to represent that organization to the community. Ask yourself, when faced with one wealthy potential donor, can you ask that person to give to both organizations? Which organization will suffer due to your conflict of interest?

You definitely can. For instance, Karen Katen (chair of the Pfizer Foundation) serves on the boards of Home Depot, Harris Corporation and General Motors. Bonnie Hill, another Home Depot director, is on five boards.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can you serve on two boards of directors?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What occurs when the same people serve on the boards of directors of competing companies?

Interlocking Directorate


What does the advisory board do?

Advisory boards can serve a range of purposes. Please see the newest article on this topic. http://nfp.answers.com/board-of-directors/governing-and-advisory-boards


Is 'Board of Directors' singular or plural?

"Board of Directors" is a singular (one board) compound noun that takes a singular verb.Think of it as 'a special group' of directors. The group may be large or small.Example: "The board is meeting this afternoon. (is= singular verb)But when talking about 'the directors', they may be large or small, or of varying sizes!Example: "The directors are meeting this afternoon." (are = plural verb)COMPANY / CORPORATE LAWA company has a Board of Directors. It is clearly singular. Therefore singular verbs and singular pronouns are used when referring to 'a board' or 'the Board' of Directors.Examples of usage:"The World Bank Group has four Boards of Directors. ... Each Board of Directors is responsible for the conduct of ..." -The World Bank"The MCC Board of Directors is composed of the Secretary of State, the Secretary of ..." -Millennium Challenge Corporation, USA"If the board of directors has judged that a member bank is performing or behaving poorly, it will report this to the Board of Governors." -WikiPedia - Federal Reserve System"The exercise by the board of directors of its powers ..." -WikiPedia - Board of Directors"The board of directors generally sets broad corporate policy ..." - FreeDictionary.comNOTE that the verbs 'is', 'has', 'it', 'its' and 'sets' are all singular forms.PLURALThe plural of 'board of directors' is 'boards of directors / Boards of Directors"Some directors may serve on a numbers of different Boardsof Directors, that is, they have directorships with more than one company.EXAMPLES OF USAGEBoards of Directors are responsible for ...If boards of directors have judged ... they will report ...The exercise by boards of directors of theirpowers ...Boards of directors generally set broad corporate policy. etc


What corporate boards did Hank Greenberg serve on?

He was a member of the board of directors of the New York Stock Exchange and the Trilateral Commission and a director of the United Nations Association.


What has the author Roger H Ford written?

Roger H. Ford has written: 'Boards of directors and the privately owned firm' -- subject(s): Boards of directors, Directors of corporations, Private companies


How are members of the National Association of State Boards of Accountancy selected?

Volunteer leadership includes a chairman, vice chairman, nine directors-at-large, and eight regional directors. The directors-at-large are elected for three-year terms. All others serve one-year terms, and all are elected


What has the author William R Conrad written?

William R. Conrad has written: 'The new effective voluntary board of directors' -- subject(s): Directors of corporations, Associations, institutions, Management, Boards of directors, Voluntarism 'The effective voluntary board of directors' -- subject(s): Directors of corporations, Associations, institutions, Management, Boards of directors, Voluntarism


What has the author Charles A Anderson written?

Charles A. Anderson has written: 'The new corporate directors' -- subject(s): Boards of directors, Directors of corporations


When the same directors serve on the board of two or more competing companies these companies have?

interlocking directorates :)


What boards of directors does Colin Powell sit on?

secretary of state


What organizations did Gregg Engles serve on?

Engles served on the boards of directors of a number of charitable and industry organizations, include the Grocery Manufacturers of America, Southern Methodist University, and Students in Free Enterprise.


What boards did William Cavanaugh III serve on after he retired?

World Association of Nuclear Operators as well as the board of directors of Edison Electric Institute, the Nuclear Energy Institute, and the Research Triangle Foundation.