An executive board is a group of individuals responsible for overseeing the strategic direction and management of an organization, such as a corporation or non-profit. Members typically include top executives, such as the CEO, CFO, and other senior leaders, who collaborate to make important decisions that affect the organization's future. The primary functions of an executive board include setting long-term goals, approving budgets, and ensuring compliance with laws and regulations. They also evaluate the performance of the organization's management team and provide guidance to help achieve the organization's mission and objectives.