Not too long ago, many non-executive directors, or NEDs, played more of a ceremonial role in the board rather than a truly functional one. Many were appointed by senior executives simply to add some gravitas to a board, without toppling the applecart. However, the role and responsibilities of non-executive directors are rapidly changing. The days…
Details
If you are considering becoming a non-executive director (NED or NXD), you probably want to know what the compensation is. Who are the best paid NEDs? For which kind of companies are they working for? In 2009, the highest paid Non-Exec Director received £111,550 a year from Royal Dutch Shell. For that year, the average…
Details
An Inspiring Leader: Michael Treschow, Non-Executive Director of Unilever Michael Treschow is a business man from Sweden who became chairman of the board at Unilever in 2007. Since that time, he has taken on the roll of NED, working behind the scenes of the powerful company concerning policy making and planning. He formerly acted as…
Details
The most important aspect of being a non-executive director is the fact that you have something to bring to the table, such as a specialized talent that the organization needs. Some work for five or six organizations at once providing them with needed insight to the industry at large without being “bogged down” by a…
Details
What to include in your NED CV Creating a Non-Executive Director CV (NED CV) is a special type of CV focus. Most CV’s should be limited to two pages but the NED CV often runs 2-4 pages because of the unique requirements of the position. These positions have some unique qualities and require a different…
Details
A non-executive director is an outside director on a corporate board that does not serve on the enterprise’s executive committee. As a director coming from outside the corporation, without executive duties, if you are considering becoming a NED (or have been asked to join a board in this manner) there is certain experience which can…
Details
How to Recruit the Right NED for Your Company Many businesses, including smaller ones, employ the services of non-executive directors, or NEDs. A non-executive director does not assume the day-to-day running of a company but rather provides businesses with guidance and helps them make longer-term specific or strategic project-based decisions. Additionally, a non-executive director is…
Details
Non Executive Director Market Intelligence All known relevant reports published concerning non-executive directors are available below. We do the market screening so you can focus on your non-executive role. These resources cover board responsibilities, corporate governance, diversity and women on Boards, directors’ duties and role, shareholder communications and non-executive director careers. This knowledge centre is…
Details
In this blog post, we explore the differences between the roles of executive and non-executive directors. An executive director is a member of the board of a firm (or a non-profit organisation) who also has management responsibilities. A non-executive director (NED) is a board member without responsibilities for daily management or operations of the company or…
Details