board seat

Corporate oversight role

A board seat is a position on a board of directors, the governing body that oversees an organization's strategy and leadership.

Securing a board seat typically means gaining voting power over major decisions: She was offered a board seat after the merger.

In startups, investors often negotiate for board seats as a condition of funding.

Related

governance · executive · corporate ladder · trustee · appointment · election · annual meeting · proxy · proxy fight · hostile takeover · corporate · fiduciary · fiduciary duty · position · power · power grab · influence · stakeholder

Categories
Opposites
corporate governance role

board seatday-to-day operations

Regular functioning of an organization

middle management · chief operating officer · general manager · department head

organizational power/status

board seatentry-level job

Position for beginners

hourly worker · junior staff · intern · worker bee · laborer

inclusion in governance

board seatminority shareholder

Owner lacking voting control

retail investor · small investor · customer · creditor · passive investor

Family

board, seat, boards, boarded, boarding, boarder, boarders, boardroom, boardwalk

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