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Director

A director is a person appointed to manage a company, owing it seven statutory duties, whose appointment is published on the public register.

Anyone aged 16 or over who is not disqualified and not an undischarged bankrupt can be one, of any nationality and living anywhere. Being a director is not the same as owning the company — that is a shareholder — although in most small companies the same person does both.

Related terms

  • Directors' duties — Directors' duties are the seven statutory obligations in the Companies Act, including acting within powers and avoiding conflicts of interest.
  • Company secretary — A company secretary is an officer responsible for a company's administration and filings — optional for a private company, compulsory and qualified for a public one.
  • Shareholder — A shareholder owns shares in a company, which carry defined rights: typically to vote, to receive dividends, and to share in capital on a winding up.

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