• Directors of a company

What is the difference between an executive director and a non-executive director of a company? What is the criteria for designating a director as executive director?
Asked 3 years ago in Business Law from New Delhi, Delhi
An executive director is a member of the board of directors and an employee of the company. He/she will have a specific role such as finance director and as such be responsible for the day to day running of the company within his sphere. 
A non executive director is a member of the board who is not an employee but appointed for his/her expertise and takes a part in decision making at board meetings. Sometimes non executive directors may get involved in such things as disciplinary hearings, especially for high ranking employees.
Pawan Kumar
Advocate, Chandigarh
6 Answers
1 Consultations
5.0 on 5.0

Ask a Lawyer

Get legal answers from top-rated lawyers in 1 hour. It's quick, easy, and anonymous!
Ask a Lawyer

Business Lawyers

T Kalaiselvan
Advocate, Vellore
16260 Answers
151 Consultations
5.0 on 5.0
Ajay Sethi
Advocate, Mumbai
25893 Answers
1410 Consultations
5.0 on 5.0
Ashish Davessar
Advocate, Jaipur
19108 Answers
484 Consultations
5.0 on 5.0
Krishna Kishore Ganguly
Advocate, Kolkata
13127 Answers
280 Consultations
5.0 on 5.0
Devajyoti Barman
Advocate, Kolkata
6384 Answers
71 Consultations
4.9 on 5.0
Nadeem Qureshi
Advocate, New Delhi
3701 Answers
140 Consultations
4.9 on 5.0
Shivendra Pratap Singh
Advocate, Lucknow
2960 Answers
45 Consultations
4.9 on 5.0
Rajgopalan Sripathi
Advocate, Hyderabad
944 Answers
62 Consultations
5.0 on 5.0
Shashidhar S. Sastry
Advocate, Bangalore
1275 Answers
64 Consultations
5.0 on 5.0
Anilesh Tewari
Advocate, Lucknow
55 Answers
0 Consultations
5.0 on 5.0