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The general director is the "single-person executive body" of a company, acts without power of attorney to represent the company, and issues powers of attorney to others. The general director's powers are defined by the company charter, by decision of the general meeting of shareholders (AO) or participants (OOO), and by the board of directors ...
Managing Director (MD) [4] - A managing director is employed by the business, often by the chairman. Other roles include running the business and producing salaries. The managing director works along with the board of directors and oversees the performance of the business, thus reporting back to the chairman.
As of 2013, the use of the term director for senior charity staff is deprecated to avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are normally non-executive (unpaid) roles. The term managing director is often used in lieu of chief executive officer.
Corporate titles or business titles are given to company and organization officials to show what job function, and seniority, a person has within an organisation. [1] The most senior roles, marked by signing authority, are often referred to as "C-level", "C-suite" or "CxO" positions because many of them start with the word "chief". [2]
An executive officer is a person who is principally responsible for leading all or part of an organization, although the exact nature of the role varies depending on the organization. In many militaries and police forces, an executive officer, or " XO ", is the second-in-command, reporting to the commanding officer .
The board sets the vision through a high-level strategic plan, but it is the role of the executive director to create implementation plans that support the strategic plan. The executive director is a leadership role for an organization and often fulfills a motivational role in addition to office-based work. Executive directors motivate and ...
The duties imposed on directors are fiduciary duties, similar to those that the law imposes on those in similar positions of trust: agents and trustees. The duties apply to each director separately, while the powers apply to the board jointly. Also, the duties are owed to the company itself, and not to any other entity. [41]
The chief audit executive (CAE), director of audit, director of internal audit, auditor general, or controller general is a high-level independent corporate executive with overall responsibility for internal audit.
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