Shareholder vote (or appointment if there is only one shareholder).
The Directors control a public limited company. Directors are appointed by Shareholders in AGM.
They are APPOINTED by the Chairman of the Board of Directors. They can also be ELECTED by a vote of the BOD itself, or majority vote of the stockholders of the corporation.
The directors of independent agencies are appointed by the president with the help of the Senate
The directors of independent agencies are appointed by the president with the help of the Senate
board of directors
after the company's first directors have been appointed, it may be necessary to make new appointments either to fill the vacancy when the director vacates office or to increase the size of the board by appointing one or more additional directors. The members of a company appoints a person by ordinary resolution to be a director. Theseus Exploration NL v Mining & Associates Industries Ltd 1973
A nominee director of a company is appointed to ensure that the affairs of the company are conducted as dictated by the law governing company and to ensure good corporate governance. A nominee director represents a law governing company and he ensures the interests of the company he represents.Nominee directors don't have much active role in a company. The nominee director would normally charge for the services of putting his name to an organization. Nominee directors share the same level of responsibilities as do normal directors.
after the company's first directors have been appointed, it may be necessary to make new appointments either to fill the vacancy when the director vacates office or to increase the size of the board by appointing one or more additional directors. The members of a company appoints a person by ordinary resolution to be a director. Theseus Exploration NL v Mining & Associates Industries Ltd 1973
the board of directors
Amtrak is governed by a nine-member Board of Directors, which includes the U.S. Secretary of Transportation, the company's CEO, and other members appointed by the president and confirmed by the Senate. The day-to-day operations are overseen by the CEO, who is appointed by the Board of Directors.
Board of directors is a group of people who are elected or appointed to an organisation to direct the strategy of the organisation.
A subsidiary company definitely can have its board of directors, and practically, it usually have. Basically its parent company who appoints directors in board of directors of subsidiary companies. Day to day matters of the subsidiary company cannot be run by parent company's board of directors, so it is necessary for a subsidiary to have its own board of directors which ultimately reports to parent company's board of directors.