Management Board
/ˈmænɪdʒmənt bɔːrd/
Definitions
- (n.) A collective body of individuals appointed to oversee and direct the management and strategic decisions of a company or organization.
The management board convened to discuss the company’s annual budget.
- (n.) In corporate governance, the executive committee responsible for implementing policies and managing daily operations under the supervision of the board of directors.
The management board reports regularly to the supervisory board on operational matters.
Forms
- management board
- management boards
Related terms
See also
Commentary
The term typically refers to the executive management layer distinct from the supervisory or non-executive board; drafting should clarify the governance structure to avoid confusion.
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.