Non-Executive Directors
The Role of the Non-Executive Director While it varies across countries and from company to company, the non-executive director’s role is generally to: Help facilitate strategy development and constructively monitor delivery. Set standards and targets for the management team. Scrutinise management performance and monitor reporting. Confirm the integrity of internal controls and financial reporting. Determine how risk will be evaluated, calibrated and managed. Determine senior executive remuneration. Appoint and remove senior management. Help develop long-term succession plans. Monitor and maintain good corporate governance. Act in the best interests of all stakeholders, not just shareholders. – Adapted from “ Becoming a Non-Executive Director “, Spencer Stuart, 2014.
