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NSW Executive Director Status?

Discussion in 'Commercial Law Forum' started by Edward, 6 October 2014.

  1. Edward

    Edward Member

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    If company directors work in the business day-to-day, under the CEO and without any defined management duties, do they, under commercial law, necessarily have 'executive' status just because they work at there?
     
  2. Rod

    Rod Well-Known Member

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    No.

    Executive in charge of what? Without defined duties or an assigned role it would be hard to make that claim. Example: In small/medium family businesses, the PA (or office cleaner) could also be a director but not an executive.

    Not enough detail to know how to properly answer your question. Sounds like a clash of wills is occurring.
     
  3. Edward

    Edward Member

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    Thank you very much for your reply. I thought as much, but didn't know who to ask.

    I'm actually trying to establish a standard for the duty of care and therefore distinguishing between executive and non-executive directors. You wouldn't happen to have a case or something I can point to to reinforce that claim. Or would this be taken for granted?
     
  4. Rod

    Rod Well-Known Member

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    Sorry, no references.
     

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