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Directors have specific, well defined legal duties to their company which includes a duty of fiduciary responsibility. That is why they're directors rather than
by r_hoods_ghost 4y ago
Directors have specific, well defined legal duties to their company which includes a duty of fiduciary responsibility. That is why they're directors rather than "head of product" or "VP of marketing" or whatever other meaningless title people bestow on themselves. Saying "my boss told me to do it so it is not my fault" is nonsense because you have no boss beyond your shareholders.
- astrange 4y agoIsn't VP usually a higher title than director? (Well, it's not in finance, but it could be in tech-like crypto finance.)
- reverius42 4y agoThat's Director as in Board of Directors. In this case, "Director of Engineering" probably just means "Manager of managers of engineers".
- ummonk 4y agoHolding the title "director of X" doesn't mean you're necessarily on the board of directors.
- xdavidliu 4y agoin fact, the two are probably anti-correlated