qualifications (noun, qual-i-fi-ca-tions, \ ˌkwɑːləfəˈkeɪʃənz \) of directors (noun, di-rec-tors, \ dəˈrektərz \)
Definition: is a set of skills, education, experience or any other special qualities that can be demanded from an individual if he or she wants to be qualified for the position of a director in a company. In most situations, there are no special requirements presented in front of a candidate, but if he or she has special expertise or education that can be used for the company’s advantage, it substantially raises his or her chances to be appointed as a member of the board. Additionally, a company’s article of association can also demand a shareholding qualification from an individual that wants to serve as a director.
In a Sentence:
- After the unpleasant experience with Mr. Franklin, it’s no surprise that Iron Longing’s management introduced qualifications of directors to avoid hiring an individual without an appropriate educational background.
- Even though Roy is obviously the best choice for the vacant position, he doesn’t meet the qualifications of directors, as he doesn’t hold any company shares.
- While we don’t have any official requirements, our qualifications of directors demand a candidate to have at least three years of experience in our business field.
Synonyms and related words: appointment of directors, board of directors, disqualification of directors, de jure director
