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Director
Practical Law UK Glossary 9-107-6117
(Approx. 4 pages)
Glossary
Director
A person elected by the
members
of a company or otherwise appointed to superintend the management of the company's affairs.
Although company directors are not strictly speaking trustees, they are in a closely analogous position because of the
fiduciary duties
they typically owe to the company. For more information, see
Practice notes, Fiduciary duties
and
Directors' duties: directors' general duties under the Companies Act 2006
.
Under
section 250
of the Companies Act 2006, the term "director" includes, for the purposes of the Companies Acts (as defined in section 2 of that Act), any person occupying the position of director, by whatever name called.
For a note on different types of director, see
Practice note, Types of director: overview
.