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Deb Fielder is the CFO for Datamart, Inc., a public company. What would Deb's position be in regard to the board of directors?

1) governance director
2) corporate director
3) non-executive director
4) executive director

1 Answer

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Final answer:

Deb Fielder as the CFO for Datamart, Inc. would be classified as an executive director in relation to the board of directors. Her role involves participating in regular board meetings and assisting in strategic decisions, especially those concerning financial strategy and performance. Option 4) is the correct answer.

Step-by-step explanation:

The role of Deb Fielder as the Chief Financial Officer (CFO) for Datamart, Inc., which is a public company, in relation to the board of directors would be that of an executive director. Executive directors are normally senior employees of the company, like the CEO, CFO, and COO, who are part of the board due to their operational roles within the company. They are involved in the day-to-day management and have a deep understanding of the company's inner workings. They play a significant role in board decisions, bringing their firsthand experience and knowledge into discussions and strategy formulation. Deb's position would involve her direct involvement in the board's deliberations and decisions, particularly regarding financial strategy and performance.

As an executive director, Deb would be expected to report to the board on the company's financial health and help steer the strategic direction of Datamart, Inc. from a fiscal perspective. Her role is distinct from a non-executive director, who typically does not have a management role in the company but brings independent oversight. The other options listed don't accurately describe Deb's role in connection to Datamart, Inc.'s board of directors. Governance directors usually deal with compliance and corporate governance issues, while corporate directors is a broader term that can include both executive and non-executive directors. Therefore, out of the choices provided, the correct option for Deb Fielder's position in regard to the board of directors would be option 4, executive director.

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