Boards, directors & committees · Specialist

Overboarding

Also called: excessive board commitments

ELI5

Holding more directorships than governance guidelines or investors consider manageable.

Used in conversation

“The board paper must state who owns and approves overboarding.”

Pitch context

You will see “Overboarding” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches boards, directors & committees.

Why it matters: In boards, directors & committees, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.