Glossary entry (derived from question below)
German term or phrase:
Vorstand / Aufsichtsrat
English translation:
Management Board/Supervisory Board
Added to glossary by
Ted Wozniak
May 26, 2008 15:19
16 yrs ago
8 viewers *
German term
Vorstand / Aufsichtsrat
German to English
Bus/Financial
Management
deutsche Aktiengesellschaft / UK English
"der Vorstand ist durch Beschluss der Hauptversammlung, mit Zustimmung des Aufsichtsrates,
ermächtigt...."
I am, quite frankly confused. I would normally have translated Vorstand as Board of Directors but it seems, in the above case, that this refers to the management and the supervisory board is here equivalent to the board of directors. My searches also indicate a lot of overlap for executive board/management board/supervisory board/board of directors in previous ProZ queries and otherwise. WHAT IS THE PROPER TRANSLATION into UK ENGLISH but applying to a German Aktiengesellschaft which in the context at hand clearly are two different positions?
ermächtigt...."
I am, quite frankly confused. I would normally have translated Vorstand as Board of Directors but it seems, in the above case, that this refers to the management and the supervisory board is here equivalent to the board of directors. My searches also indicate a lot of overlap for executive board/management board/supervisory board/board of directors in previous ProZ queries and otherwise. WHAT IS THE PROPER TRANSLATION into UK ENGLISH but applying to a German Aktiengesellschaft which in the context at hand clearly are two different positions?
Proposed translations
(English)
| 5 +3 | Management Board/Supervisory Board |
Ted Wozniak
|
| 5 +1 | executive (or managing) board / supervisory board |
Jeff Barter
|
| 4 -1 | Executve management / Board of Directors |
Andries Conradie
|
Change log
May 26, 2008 18:52: Steffen Walter changed "Term asked" from "Vorstand / Aufsichtsrat (deutsche Aktiengesellschaft)" to "Vorstand / Aufsichtsrat" , "Field" from "Other" to "Bus/Financial" , "Field (specific)" from "Certificates, Diplomas, Licenses, CVs" to "Law (general)" , "Field (write-in)" from "UK English" to "deutsche Aktiengesellschaft / UK English"
May 26, 2008 18:53: Steffen Walter changed "Field (specific)" from "Law (general)" to "Management"
May 27, 2008 01:31: Ted Wozniak Created KOG entry
Proposed translations
+3
24 mins
Ted Wozniak
United States
United States
Native in English
Works in field
United States
Bridging the Language GAAP-
Native in: English (Variant: US) 
Works in: German to English
Related KudoZ points
:
16
German term (edited):
Vorstand / Aufsichtsrat (deutsche Aktiengesellschaft)
Selected
Management Board/Supervisory Board
Strongly urge you to avoid the term Board of Directors for a German Vorstand as there are major legal differences between an Anglo-Saxon type BoD and a German Vorstand. (Unlike the Swiss system where the single-board system is indeed comparable to the A/S board of directors).
Vorstand is best translated as Management Board/Board of Management (the choice is usually soley due to a client preference, both terms mean the same thing).
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Note added at 27 mins (2008-05-26 15:47:09 GMT)
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This is a very standard phrase. Usually rendered something like "By resolution of the general shareholders' meeting/annual general meeting (or whatever term you choose for the Hauptversammlung), the Board of Management is authorizied, with the approval of the Supervisory Board, to ...
Vorstand is best translated as Management Board/Board of Management (the choice is usually soley due to a client preference, both terms mean the same thing).
--------------------------------------------------
Note added at 27 mins (2008-05-26 15:47:09 GMT)
--------------------------------------------------
This is a very standard phrase. Usually rendered something like "By resolution of the general shareholders' meeting/annual general meeting (or whatever term you choose for the Hauptversammlung), the Board of Management is authorizied, with the approval of the Supervisory Board, to ...
Peer comment(s):
| agree |
Kim Metzger
: Very standard phrase.
14 mins
|
| agree |
Steffen Walter
3 hrs
|
| agree |
szilard
3 hrs
|
4 KudoZ points awarded for this answer.
Comment: "thanks for confirming what I had down in the first place but needed assurance. "
-1
16 mins
Andries Conradie
Native in English
Works in field
25 years of academic excellence
Native in: English (Variants: South African, UK, US)
Works in: German to English, Dutch to English, Afrikaans to English, and 2 more.
German term (edited):
Vorstand / Aufsichtsrat (deutsche Aktiengesellschaft)
Executve management / Board of Directors
The usual hierarchy.
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Note added at 52 mins (2008-05-26 16:11:52 GMT)
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Der Aufsichtsrat ("Supervisory Board") bestellt die Mitglieder des Vorstands ("Board of directors"), die er auch abberufen kann (§§86, 87, 88 AktG) - Lück, Lexikon der Internen Revision.
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Note added at 52 mins (2008-05-26 16:11:52 GMT)
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Der Aufsichtsrat ("Supervisory Board") bestellt die Mitglieder des Vorstands ("Board of directors"), die er auch abberufen kann (§§86, 87, 88 AktG) - Lück, Lexikon der Internen Revision.
Peer comment(s):
| disagree |
Ted Wozniak
: An German Aufsichtsrat is not equivalent to an English/American board of directors.
12 mins
|
|
Yes, you are right - see my note.
|
+1
22 hrs
executive (or managing) board / supervisory board
Both are 'boards'.
The distinction lies in their differing responsibilties
The distinction lies in their differing responsibilties
Peer comment(s):
| agree |
stanley lawson
: I think "executive board" is universally understood
2 days 21 hrs
|
Discussion