34. Corporate Director, part 1 (definition)

NOTE: if you’re new to Ground-Up Governance, or are finding anything a bit strange or confusing, you might want to START HERE.

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!