31/8/18 Director

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders.
As a group, the directors are responsible for making important business decisions — especially those that legally bind the corporation — leaving day-to-day management to the corporation’s officers and employees. For example, a decision to borrow money, lease an office, or buy real property would normally be authorized by the board of directors.

Useful language:
Board = Board of Directors
meeting of the shareholders
to elect members
to be responsible for
to make a decision
to bind the corporation
day-to-day = daily
officers and employees