Nominee Director
/ˈnɒmɪni dɪˈrɛktər/
Definitions
- (n.) A director appointed to a company's board to represent the interests of another party rather than to exercise independent judgment.
The nominee director acted primarily on instructions from the majority shareholder.
Forms
- nominee director
- nominee directors
Related terms
See also
Commentary
Nominee directors often raise issues regarding conflicts of interest and fiduciary duties, as their role balances representation with statutory responsibilities.
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.