Misleading director designations must not be used-companies should not style non-board executives as special directors. Designation of non board executives as special director or similar titles is impermissible because such titles convey board status and may mislead the public; companies are directed to ensure constituents discontinue use of corporate titles that falsely imply board membership.
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Provisions expressly mentioned in the judgment/order text.
Misleading director designations must not be used-companies should not style non-board executives as special directors.
Designation of non board executives as special director or similar titles is impermissible because such titles convey board status and may mislead the public; companies are directed to ensure constituents discontinue use of corporate titles that falsely imply board membership.
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