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Dictionary by pitch.dog
Boards, directors & committees · Core

Non-executive director

Also called: NED, outside director

ELI5

A director who does not hold a day-to-day executive role in the organisation.

Used in conversation

“The board paper must state who owns and approves non-executive director.”

Pitch context

You will see “Non-executive director” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches boards, directors & committees.

Why it matters: In boards, directors & committees, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

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Sources & evidence · 3

Direct term-level sources and supporting source families.