Glossary

Proxy season: A company sends out a proxy statement to shareholders before the annual meeting

Proxy Statement: Document, which contains information and issues of next shareholders meeting. Theses information would be voted and discussed.

Shareholders: An individual, group or organization who owns at least one share in a company

CEO: Chief Executive Office

CTO: Chief Technology Officer

Public Company: Organization that offers its securities on an open market to the general public

Audit Committee:  Body formed by a company’s board of directors to oversee audit operations and circumstances. Supervise the performance of the CPA firm.

Succession planning: Succession planning is a process whereby an organization ensures that employees are recruited and developed to fill each key role within the company. Through your succession planning process, you recruit superior employees, develop their knowledge, skills, and abilities, and prepare them for advancement.

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