34. Corporate Director, part 1 (definition)
One super common and important example of a fiduciary is what’s called a “corporate director.” “Director” also often refers to a type of manager with a medium amount of authority in a corporation, but when Ground-Up Governance refers to a “director” it always means “corporate director.” A corporate director is a person to whom shareholders or members delegate authority to contribute to decisions on their behalf. Not only that, but a corporate director is also, usually in collaboration with other corporate directors, the boss of EVERY SINGLE manager in a corporation. Holy smokes, that’s a big job!
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