shadow (noun, shad-ow, \ ˈʃædoʊ \) director (noun, di-rec-tor, \ dəˈrektər \)
Definition: is an individual, possessing the majority stock of a private enterprise, who isn’t officially a director and who doesn’t technically take part in the management of the company, but whose orders and instructions are followed both by the directors and the employees of a company. Law-wise, such a person is considered to be liable for the company’s obligations along with all the other directors, regardless of their de jure or de facto status.
In a Sentence:
- Even though Mr. Jackson wasn’t officially a member of the board, he acted as a shadow director, controlling the company’s operations through his representatives.
- I think you don’t understand that even if you operate as a shadow director, you will still be held accountable for the orders you give out.
- The position of shadow director is perfect for Lawtell, as he can run the company while avoiding being stuck at all the painfully-long board meetings.
Synonyms and related words: de facto director, nominee director, de jure director, alternate director, executive director
