Chair of the board

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Chair of the board

Highest-ranking member of a Board of Directors, who presides over its meetings and who is often the most powerful officer of a corporation.

Chair of the Board

In a publicly-traded company, the highest ranking member of the board of directors. The chair is elected by the board, presides over meetings, and acts as a liaison between management and shareholders. The chair has the responsibility to ensure that the company's policies are being properly enforced to benefit shareholders. As such, he/she guides the board in establishing general policies for the organization, including dividend policies, and hiring or firing major executives. He/she is answerable to shareholders for his/her decisions, but is, in general, the most powerful officer in the company.
References in classic literature ?
you mustn't," exclaimed Edna, and pushing back her chair she got up, and going behind him placed her hand over his mouth.
But Colin had actually dropped back against his cushions, even though he gasped with delight, and he had covered his eyes with his hands and held them there shutting out everything until they were inside and the chair stopped as if by magic and the door was closed.
Well, child," said Grandfather, patting Clara's cheek, "I can tell you a great many stories of my chair.
No--O God, no," Adam groaned out, sinking on his chair again; "but then, that's the deepest curse of all.
The man in the chair threw up his head and stared at the mess.
The cat had jumped from Zeena's chair to dart at a mouse in the wainscot, and as a result of the sudden movement the empty chair had set up a spectral rocking.
There you are," he would say, stepping heavily off the chair on to the charwoman's corns, and surveying the mess he had made with evident pride.
Anna Mikhaylovna with her eyes indicated a chair that stood beside the bed.
He leaned forward in his chair, to attract the attention of a seaman.
Since he could not compel the tiger directly to sit in the chair, he must employ other means.
There was, however, a wine-glass, accidentally left on a chair by the sofa.
The person in the chair was no other than the widow of the dead Montbarry-- the woman who had warned her that they were to meet again, and that the place might be Venice!