alla Sua stessa Proprietà.
English translation: reporting directly to the owners
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| 16:53 Feb 11, 2013 |
| Italian to English translations [PRO] Business/Commerce (general) | |||||||
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|  Selected response from: James (Jim) Davis Seychelles Local time: 22:03 | ||||||
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| Summary of answers provided | ||||
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| 4 +2 | reporting directly to the owners |
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| Discussion entries: 15 | |
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Answers
28 mins confidence: 
peer agreement (net): +2
peer agreement (net): +2| in “staff” alla Sua stessa Proprietà. reporting directly to the owners Explanation: This OdV - organismo di vigilanza, supervises related-party transaction, administrative liability and basically polices the company for things like market abuse. Sometimes I translate this as "on the staff of the managing director" but here they are reporting to the owners, probably the shareholders, who don't really have a "staff". https://www.google.it/search?source=ig&hl=it&rlz=&=&q="organ... -------------------------------------------------- Note added at 29 mins (2013-02-11 17:23:03 GMT) -------------------------------------------------- Sorry, in answer to your question they are on the same level as the board of directors and report to the actual owners where "sua" is of the società. -------------------------------------------------- Note added at 35 mins (2013-02-11 17:28:51 GMT) -------------------------------------------------- Normally, the OdV would report matters concerning conduct by directors to the "collegio sindacale" which is elected by the shareholders, precisely for this sort of thing. -------------------------------------------------- Note added at 1 hr (2013-02-11 18:01:41 GMT) -------------------------------------------------- The term is common in Italian organisation charts, but not always easy to translate. I have worked for years with an "investor relator" who is "in staff" to the CEO and reports directly to him. Just like a captain on the "general staff", who doesn't report to a colonel but directly to a general. http://en.wikipedia.org/wiki/Staff_(military) The meaning is clear here. This OdV is a committee which is of equal rank to the BoD and reports directly to the owners. -------------------------------------------------- Note added at 1 hr (2013-02-11 18:14:21 GMT) -------------------------------------------------- https://www.google.it/search?source=ig&rlz=&q="in staff" org... |
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