Executive and senior management definition

Executive and senior management means: (1) Any employee (a) compensated on a salary basis at a rate of not less than$455 per week (or $380 per week, if employed in American Samoa by employers other than the federal government), exclusive of board, lodging or other facilities; (b) whose primary duty is management of the enterprise in which the employee is employed or of a customarily recognized department or subdivision thereof; (c) who customarily and regularly directs the work of two or more other employees; and (d) who has the authority to hire or fire other employees or whose suggestions and recommendations as to the hiring, firing, advancement, promotion or any other change of status of other employees are given particular weight; or (2) any employee who owns at least a bona fide 20-percent equity interest in the enterprise in which the employee is employed, regardless of whether the business is a corporate or other type of organization, and who is actively engaged in its management.
Sample 1Sample 2Sample 3
Executive and senior management means any employee—
Sample 1Sample 2Sample 3
Executive and senior management means the members of the Executive Committee of the Board, the Company Secretary of Mondi plc, the Group Head of Internal Audit and any other employees earning a base salary in excess of €325,000 (or equivalent in another currency);
Sample 1

Examples of Executive and senior management in a sentence

  • Board 05/04/11 Board 01/02/11 Mid Highland CHP Committee – Polypharmacy Work on Polypharmacy to be progressed by Chief Executive and senior management team, with a report submitted to the Board in due course.

  • During 2003-04 key activities will include the development of a workforce planning strategy with a performance development focus, and a leadership strategy for Executive and senior management levels.

Related to Executive and senior management

  • Executive Management means the CEO and the CFO for purposes of administering this Plan.

  • Senior Management means personnel of the Company who are members of its core management team excluding Board of Directors. This would include all members of management one level below the executive directors, including all the functional heads.

  • Senior Management Personnel means personnel of the company who are members of its core management team excluding Board of Directors. Normally, this would comprise all members of management one level below the executive directors, including all functional heads.

  • Management Team means Xxxxxx X. X’Xxxxxxx, Xxxxxxx X. Xxxxxx, Xx. and Xxxxx X. Xxxxxxxxxx.

  • continuing professional development means the continuing professional development contemplated in section 32;

  • Senior procurement executive means, for DoD—

  • Non-Executive Directors means the Directors who are not in whole time employment of the Company.

  • Executive Team means certain senior executives, including members of management covered by Rule 16(b) under the Securities and Exchange Act of 1934, designated by the Committee as the key executive management of the Company, CVI and CSI.

  • Key Management Personnel means persons having authority and responsibility for planning, directing and controlling the activities of the Company, directly or indirectly, including any Director (whether executive or otherwise) of the Company;

  • Executive manager means an individual employed by a new motor vehicle dealer in an executive capacity and who has a written employment agreement with the dealer that includes a right for the executive manager to purchase a controlling interest in the dealership at a future time or on the death or incapacity of the dealer.

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • Executive session means all or part of a meeting that is closed or confidential.

  • Executive Directors means a person appointed as director directly accountable to the municipal manager.

  • Executive Officers means the Company's “executive officers” as defined in 12 C.F.R. § 215.2(e)(1) (regardless of whether or not such regulation is applicable to the Company).

  • Senior Managers means, with respect to the Company and each member of the Company Group, the chief executive officer, the chief financial officer, the chief technology officer, the president, the general manager or any other manager with the title of “vice-president” or higher, or any other employee with responsibilities similar to any of the foregoing, of such entity.

  • Senior Manager means each of Xxxxxxx Xxx Xxxxx, Xxxxxxx X. Xxxxxxxxx, and Xxxxxx X. Xxxxxx, and/or any other Persons designated by the Board as Senior Managers (collectively, the "Senior Managers").

  • Seattle Human Resources Director means the director of the Seattle Department of Human Resources or his or her designated management representative.

  • Medical Board means the board of physicians as provided by this chapter.

  • Educational personnel means persons who must meet requirements pursuant to state law as a condition of employment in educational programs.

  • Non-Executive Director Means any director who is not an Executive Director.