A Guide to Appointing Non-executive Directors
- Price: £3.60
- Published: August 2014
- Type: Business Information Factsheet
- Format: PDF
A non-executive director (NED) is a member of a company's board of directors who is not involved in the day-to-day management of the organisation. The appointment and conduct of all company directors is regulated by the Companies Act 2006.
This factsheet outlines the potential advantages of inviting a non-executive director to join the board of a small company. It looks at the duties involved in the role, the legal responsibilities, and how much non-executive directors should be paid. It also considers how a business can go about finding and hiring a non-executive director.