Executive Committee
/ɪɡˈzɛkjətɪv kəˈmɪt.i/
Definitions
- (n.) A body of individuals within an organization appointed to make decisions and oversee management.
The executive committee met to approve the annual budget.
- (n.) In corporate law, a subgroup of the board of directors authorized to act on its behalf between full board meetings.
The executive committee exercised its power to hire the new CEO without a full board vote.
Forms
- executive committee
- executive committees
Related terms
See also
Commentary
The executive committee often holds delegated powers from the larger governing body; clarity in its authority limits is crucial in corporate governance documents.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.