Styreled

Styreled is typically a misspelling of the Norwegian term styreleder, which designates the chairperson of a board of directors. In standard Norwegian, styreleder is the formal title for the person who leads the board and presides at meetings; the form styreled is not widely recognized and may appear in error in documents or OCR.

Definition: The styreleder (board chair) acts as the presiding officer of the board, sets meeting agendas, facilitates discussion, ensures governance processes, and represents the board in relations with management, shareholders, and external stakeholders. The chair's duties are non-executive; unlike the chief executive officer (CEO), the styreleder does not run day-to-day operations, but provides oversight and strategic guidance.

Appointment and term: The styreleder is typically elected by the board for a fixed term, which varies by jurisdiction and organization. The chair can usually be removed by a board vote; some organizations have a rotating chair or separate chair election during annual general meetings.

Governance and duties: The chair leads board meetings, ensures fiduciary duties are observed, manages conflicts of interest, and coordinates with the CEO and committee chairs. In many jurisdictions, the chair has a casting vote in tie situations. The specific powers and duties are defined in corporate bylaws or statutes.

Etymology and usage: "Styreleder" combines "styre" (board/governance) and "leder" (leader). In Bokmål Norwegian, "styreleder" is preferred; "styreleiar" is used in Nynorsk. The form "styreled" is generally considered a misspelling or typographical variant.

See also: Board of directors, Corporate governance, Chairperson.