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A Corporate Secretary could be considered the glue that holds an entire corporation together. He/she is responsible for assuring the company stays in compliance with both regulatory and statutory requirements while also executing all of the decisions, resolutions and changes put forth by the corporation’s Board of Directors.
In general, states require that corporations designate a Corporate Secretary, and that he/she is present at all Board of Director meetings. The Corporate Secretary is an officer of the corporation.
The precise obligations that a company’s Corporate Secretary fulfills may be different among corporations; however, every corporation typically outlines the Corporate Secretary’s role in its corporate bylaws.
Many people mistakenly believe a Corporate Secretary’s primary role is to take and record meeting minutes. While doing so is, indeed, one of the Corporate Secretary’s responsibilities, this task is nowhere near the entirety of this pivotal corporate role.
Typically, a Corporate Secretary's job description would include:
The best candidate to hold the position of a Corporate Secretary would be:
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There is 1 comment left for What Does a Corporate Secretary Do?Fred said: Thursday, April 23, 2020
Very helpful information for those of us who are joining boards for the first time.HBS Staff replied: Monday, April 27, 2020