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I don't believe the charter of every US corporation is identical, so there may be some variation here, but it's my belief that, under normal circumstances, directors of a company aren't fired, but they certainly can be voted out by stockholders at the next annual board meeting.
Under special circumstances, I believe the Chairman of the Board can call a special board meeting at which the directors themselves can vote to remove another director -- this would require some type of documented and proven action constituting clear malfeasance, misfeasance, or nonfeasance, or some other legally or contractually actionable issue or activity showing gross moral turpitude or depravity, etc.
This answer is only my opinion, and I would welcome any correction, addition, or clarification.
What else can I help you with?
Who invented fire insurance?
Benajmin Franklin was resposible for the first fire company and fire insurance company.
Is fire a fluid?
yes. fire is also a fluid.
How can I protect my home and belongings from potential damage caused by fire money?
To protect your home and belongings from fire damage, you can install smoke detectors, have a fire extinguisher on hand, create a fire escape plan, and consider purchasing homeowners insurance that covers fire damage.
What underwriting factors affect a standard fire policy?
Standard fire policy, is the insurance cover against perils such as fire, lightining, domestic explosion of boiler or gases. Underwritting for this policy, will involve examining exposure of fire risks at the building, for fire risks that may be caused by explosion, if there sources of explosion within the building or at nearby building. Also, when underwritting for this policy, the nature of construction will be determined, materials used in construction if are fire resistant. Another important consideration, is the use of the building is, the uses of the building indicated types of exposure of fire may be possible at the location.
Is fire insurance money taxable?
no
Who can fire CEO?
The CEO is selected or deselected by the board of directors of the company.
Can a Board of Directors expel a member?
Yes. In fact, they are the only entity that can fire an executive director. There are some cases where a staff member may have the title executive director but may not be fulfilling the role of an executive. In that case, that person's supervisor may fire that person.
Where did they fire Joe Paterno?
Because the Penn State Board of Directors needed a scapegoat for their short comings.
Can a president fire appointees after they have been confirmed by the senate?
The Senate has the power to approve or consent to the appointment of an individual a president nominates to be a member of the Cabinet. However, it has no authority to fire that individual once confirmed. Only the President can fire a Cabinet member. While Congress has no power to fire a Cabinet member, Congress it does have the power of the impeachment process to remove, not fire, the Cabinet member. Grounds for impeachment and removal of a Cabinet member are the same as those for impeachment and removal of the President.
What is the meaning of fire on board?
it is a fire on a board =P
When was Country Fire Authority created?
Country Fire Authority was created in 1945.
How could the problem of sexual harassment best be solved?
Fire those who do it. When the Chief Executive Officer of a major retailer was accused of sexual harassement of the staff, the CEO was immediately sacked by the Board of Directors.
Where can I buy a Fire Ninja Suit of Club Penguin?
you have to be ninja and member you go in hided room and click on the board whit fire and go in the hole you talk to sensei and you select earn d fire sot and there you g
When was Orange County Fire Authority created?
Orange County Fire Authority was created in 1995.
Why was J. Harold Chandler fired from UnumProvident?
In 2003 Chandler's opposition got its wish. On March 27 the UnumProvident board of directors notified Chandler of their intentions to fire him.
How do condo owners fight the management company?
Depending on your governing documents, usually, the responsibility for preserving, maintaining and protecting the communally owned assets belongs to the board of directors.The board of directors -- or the developer if the condominium development is relative new -- signed a contract with the management company.At the board's discretion, it can fire the management company by cancelling the contract.If owners have disagreements with the management company, the owners can refer to specific sections of the governing documents to show where the management company is not conforming to the appropriate governance guidelines.If the management company chooses to ignore the governing documents, then owners can send a formal complaint to the board of directors, documenting the potential breach of contract based on this non-conformance.The service agreement, however, is between the board of directors on behalf of owners, and the management company.
Can two directors eliminate the third director in a private limited company?
Directors are chosen by shareholders. Of course, in a private limited company, directors are probably also shareholders. But for two directors to fire a third director, they would have to control the majority of the shares.
