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Many positions at this level report to a president or chief executive officer, or to a company's board of directors. [3] People in senior executive positions of publicly traded companies are often offered stock options so it is in their interest that the company's stock price increases over time, in parallel with being accountable to investors ...
The chairman influences the board of directors, which in turn elects and removes the officers of a corporation and oversees the human, financial, environmental and technical operations of a corporation. The CEO may also hold the title of "chairman", resulting in an executive chairman. In this case, the board frequently names an independent ...
A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency . The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws ...
Director (business) The term director is a title given to the senior management staff of businesses and other large organizations. The term is in common use with two distinct meanings, the choice of which is influenced by the size and global reach of the organization and the historical and geographic context.
The corporation's name might consist of its governing board members' title (for example, The Trustees of Princeton University is a New Jersey nonprofit corporation). These board members (trustees, regents, etc.) are fiduciaries for the corporation. In some cases, the institution might not have separate legal personhood; the trustees transact in ...
The board directs the exercise of the powers of the Postal Service, directs and controls its expenditures, reviews its practices, conducts long-range planning, and sets policies on all postal matters. The board takes up matters such as service standards, capital investments, and facilities projects exceeding $25 million.
A board of education, school committee or school board is the board of directors or board of trustees of a school, local school district or an equivalent institution. [ 1][ 2][ 3] The elected council determines the educational policy in a small regional area, such as a city, county, state, or province. Frequently, a board of directors power ...
Once J.P. Morgan & Co. was incorporated in 1942, Jack emerged as its first chief executive within his capacity as chairman of the board of directors. Henceforth, the bank would be led by 12 executives (eight of whom chaired the board of directors while simultaneously holding the title of CEO ) before merging with Chase Manhattan Bank to become ...