Can a majority shareholder be a director 2024?
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Works at SpaceX, Lives in Los Angeles. Graduated from California Institute of Technology (Caltech) with a degree in Aerospace Engineering.
Shareholders and directors have two completely different roles in a company. The shareholders (also called members) own the company by owning its shares and the directors manage it. Unless the articles say so (and most do not) a director does not need to be a shareholder and a shareholder has no right to be a director.
2023-06-11 20:01:56
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Ethan Ross
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Shareholders and directors have two completely different roles in a company. The shareholders (also called members) own the company by owning its shares and the directors manage it. Unless the articles say so (and most do not) a director does not need to be a shareholder and a shareholder has no right to be a director.