In large public companies, the board tends to exercise more of a supervisory role, and individual responsibility and management tends to be delegated downward to individual professional executives ( such as a finance director or a marketing director ) who deal with particular areas of the company's affairs.

In some European Union and Asian countries, there are two separate boards, an executive board for day-to-day business and a supervisory board ( elected by the shareholders ) for supervising the executive board.

In these countries, the CEO ( chief executive or managing director ) presides over the executive board and the chairman presides over the supervisory board, and these two roles will always be held by different people.

This ensures a distinction between management by the executive board and governance by the supervisory board and allows for clear lines of authority.

In the United States, the board of directors ( elected by the shareholders ) is often equivalent to the supervisory board, while the executive board may often be known as the executive committee ( operating committee or executive council ), composed of the CEO and their direct reports ( other C-level officers, division / subsidiary heads ).

In some European Union, and in some Asian countries, there are two separate boards, one executive board for the day-to-day business and one supervisory board for control purposes ( elected by the shareholders ).

In these countries, the CEO presides over the executive board and the chairman presides over the supervisory board, and these two roles will always be held by different people.

This ensures a distinction between management by the executive board and governance by the supervisory board.

In the United States, the board of directors ( elected by the shareholders ) is often equivalent to the supervisory board, while the executive board may often be known as the executive committee or executive council, composed of the division / subsidiary heads and C-level officers that report directly to the CEO.

* A two-tiered committee structure with a supervisory board and a managing board is common in civil law countries.

The Statutes of the SE must provide as governing bodies the general meeting of shareholders and either a management board and a supervisory board ( two-tier system ) or an administrative board ( single-tier system ).

Even company founder Ferry Porsche, Piëch's uncle, only held a seat on the supervisory board of Porsche after the company's legal form was changed from a limited partnership to a private legal company.

* Several models of participation are possible: firstly, a model in which the employees form part of the supervisory board or of the administrative board, as the case may be ; secondly, a model in which the employees are represented by a separate body ; and finally, other models to be agreed between the management or administrative boards of the founder companies and the employees or their representatives in those companies, the level of information and consultation being the same as in the case of the second model.

In 1995 the supervisory board agreed on the concept for the thematics of the fair.

In line with the investigation report recommendation, Secretary of State for Health, Andrew Burnham, agreed to a further Independent Inquiry of the commissioning, supervisory and regulatory bodies for Foundation Trusts.

It is common to shift back and forth, working up through a number of supervisory and individual-contributor positions.

The Board of Governors in the Federal Reserve System has a number of supervisory and regulatory responsibilities in the U. S. banking system, but not complete responsibility.

Shareholders and unions elect the supervisory board in equal number, except that the head of the supervisory board is, under co-determination law, a shareholder representative.

By 1984, only six of the original twelve operators were still working with MIC and the number of supervisory personnel was also halved.

To exercise control over these local activities, a number of supervisory boards such as the Board of Supervision for Poor Relief ( 1845-1894 ), the General Board of Commissioners in Lunacy ( 1857-1913 ) and the Scotch Education Department ( a committee of the Privy Council ) were established.

Owing to the extremely large number ( 730 ) of school districts, many of which are quite small, most of them are organized into 37 supervisory districts.

# Federal and state examination and supervisory staffs insufficient in number, experience, or ability to deal with the new world of savings and loan operations.

# Federal and state examination and supervisory staffs insufficient in number, experience, or ability to deal with the new world of savings and loan operations.

In effect, shareholder voices still govern the company for a number of reasons, but not least because the supervisory board's vote for the management will always be a majority of shareholders.

Named by US-ACAN after Philip M. Smith ( Smith Bluffs ), Deputy Director, Office of Polar Programs, National Science Foundation, who in the period 1956 – 71 participated in a large number of expeditions to Antarctica in field and supervisory capacities.

The employer may, nonetheless, challenge this showing of interest by claiming that the signatures on the cards are not genuine, or that they have been tainted by supervisory involvement in the union ’ s campaign, or that the union has understated the number of employees in the unit that it seeks to represent.

An archpriest is a priest with supervisory duties over a number of parishes.

He is chairmain and member of a number of supervisory Boards of Directors and partner of Kreab, Brussels.

Among other things, he was chairman of the supervisory board of the National Investment Bank, a member of the supervisory boards of OGEM and KLM, and chaired the working party on the Netherlands Antilles, the national advisory committee on the relationship between the electorate and policy-making, the Provisional Council for Transport, Public Works and Water Management and the Interministerial Coordinating Committee on North Sea Affairs ( ICONA ).

* Petroleum Safety Authority Norway, a governmental supervisory authority

He took the post of chairman of the board of directors of the State Property Agency on 1 August 1990, and from 1992 he exercised, on the authority of the government, supervisory powers over the State Bank Supervisory Authority, at the same time being appointed chairman of the Bank Supervisory Authority Committee, a role he filled until February 1993.

* Financial Supervisory Authority ( Iceland ) ( Icelandic: Fjármálaeftirlitið ( FME )), the single supervisory authority for the financial sector in Iceland

Besides establishing the system of Delegates, he created the wide-ranging supervisory post of " Architypographus ": an academic who would have responsibility for every function of the business, from print shop management to proofreading.

He supplemented the supervisory principle with the idea of contract management ; that is, an administration by contract as opposed to trust, where the director would have a pecuniary interest in lowering the average rate of mortality.

The royal courts were the highest courts in the country, with what would now be termed supervisory jurisdiction over baronial and local courts.

This greatly increased Smith's power, a change which he himself opposed ; in 1902 a new Library Board would be established, again gaining supervisory rather than merely advisory power.

In 1989, Quillen ( also a banker ) worked against pending legislation for the savings and loan industry that would prohibit S & Ls from carrying " supervisory goodwill "-a form of phantom capital to count toward their capital requirements " for accounting and regulatory reports.

enhanced Pillar 3 disclosures related to securitization, off-balance sheet exposures and trading activities which would promote transparency, and ( e ) cross-border supervisory cooperation.

However, when the show returned in 1967 he was back to the sergeant rank without any on-screen explanation ( Webb later explained that in reality the lieutenant rank was more of a supervisory position and involved less investigatory time in the field, which would change the structure of the show ).

The Entente stipulated that the functioning of the international supervisory commission described in article 8 would " remain in abeyance.

After Lucas's retirement from blockbuster moviemaking in 2012, McCallum indicated that should production move forward, Lucas would probably take an active supervisory role similar to how he produced The Young Indiana Jones Chronicles.

He stepped down in June 2004 saying he would remain involved as the non-executive chairman of the bank's supervisory board while taking on projects unrelated to finance.