Director at age 35 - Really? Me?

Director at age 35 - Really? Me?

Author
Discussion

edc

9,235 posts

251 months

Friday 28th August 2015
quotequote all
Share options or are these shares part of some share save or employee scheme? Either way I wouldn't get too hung up about it as I have worked at places where shop floor workers have shares in the company, albeit a small holding.

Countdown

39,864 posts

196 months

Friday 28th August 2015
quotequote all
HannsG said:
Countdown said:
How many levels of Director are there above you? [Your OP said it was a junior director position].
I report direct into group COO. So I assume not many!
Not CFO? I thought you were Finance?

berlintaxi

8,535 posts

173 months

Friday 28th August 2015
quotequote all
AyBee said:
This all sounds a bit like trying to willy wave about a title which is relatively common in the financial industry.
Certainly does, OP cards on the table how much does it pay and what is the share option package?

9mm

3,128 posts

210 months

Sunday 30th August 2015
quotequote all
Tbh, titles containing the word director are usually designed to flatter the ego of the holder more than anything else. Unless it's a main board director position, nothing to get too excited about. Bit like the VP thing.

NDA

21,574 posts

225 months

Sunday 30th August 2015
quotequote all
DSLiverpool said:
Being simplistic

Director with share options and dividend = real director

Director with none = senior manager with better title

See USA examples of Vice President, senior vp, junior vp etc - UK equivalent.

Go for it, if they work you too hard for too little move on.
Director = Signing 288a

That's the only real measure isn't it?

Countdown

39,864 posts

196 months

Sunday 30th August 2015
quotequote all
NDA said:
Director = Signing 288a

That's the only real measure isn't it?
Showing your age there, I think wink

Form 288a was filled in by Directors before (IIRC) 2009. It's been AP01 or AP02 for a while.

Fully agree that it's the only formal measure (but then again it could be argued that being the Director of a one-man band isn't really the same as being a director of a FTSE100 plc or even an equity partner in an LLP)

I doubt a junior director would be required to sign an AR01.

NDA

21,574 posts

225 months

Sunday 30th August 2015
quotequote all
Countdown said:
NDA said:
Director = Signing 288a

That's the only real measure isn't it?
Showing your age there, I think wink

Form 288a was filled in by Directors before (IIRC) 2009. It's been AP01 or AP02 for a while.

Fully agree that it's the only formal measure (but then again it could be argued that being the Director of a one-man band isn't really the same as being a director of a FTSE100 plc or even an equity partner in an LLP)

I doubt a junior director would be required to sign an AR01.
Golly I am! Ooops. Thanks - I shan't make that mistook again.

I've only just recently signed those forms again - I didn't read them, obviously. smile

Countdown

39,864 posts

196 months

Sunday 30th August 2015
quotequote all
Whoops - just realised I've confused my AP01 with my AR01 - amateur!

ATG

20,573 posts

272 months

Sunday 30th August 2015
quotequote all
A manager who is unapproachable? You're not going to get much done that way.

My US employer does the professional, associate, vice president, executive director, managing director stuff. It exists in its own space and has nothing much to do with your position in the org chart. I.e. you might have a VP who has two or the tiers of employees under them, and you might equally well have an MD with two direct reports neither of whom have any reports themselves.

And frankly it is a stupid thing to impose on a business. It encourages people to think in terms of hierarchy, separates execution from authority, encourages top down decision making, and bakes in a fair amount of arse kissing and politics into career advancement. It is a self-reinforcing mistake. People who like hierarchy and are interested in job titles get rewarded by the system. Credit to the individuals though, some of our more senior management negotiate this stuff effortlessly while still managing their reporting tree as an effective team and manage to do a superb job in spite of the pseudo structure.