chairman


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Related to chairman: Chairman and CEO

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.

chairman

The highest-ranking executive in a corporation. The chairman leads the board of directors in setting broad corporate goals and determining if managers are, in fact, pursuing and achieving those goals. In large corporations the chairman is not ordinarily involved in day-to-day operational activities, although it is likely that he or she was the chief executive officer before attaining the position of chairman. In some corporations, the chairman also serves as the president and the chief executive officer. Also called chairman of the board. See also director.
References in periodicals archive ?
In Union Council 20, Hundal, Mohammad Naeem Hundali of PTI and Haji Afzaal Ahmed of PTI elected as Chairman and Vice Chairman.
Ferguson was in the running for chairman, but he wasn't Bush's man," says Mark Vitner, director and senior economist at Wachovia Corp.
Will Chairman Cox select an individual with similar background to Nicolaisen--a public accountant and auditor?
The rise in asset prices against the backdrop of a stable inflation rate--a situation that to a certain extent resembles that of Japan in the late 1980s--has this author taking careful note of Chairman Greenspan's response.
He was a Director of HealthSouth Corporation from October 2002 through October 2005, serving as Chairman from July 2004 until October 2005.
The remaining governors of the Board were seated relative to the Chairman according to their seniority on the Board.
He-is also co-chairman emeritus of the Real Estate Council of the Metropolitan Museum of Art, New York regional cochairman of the United States Holocaust Memorial Museum, an honorary director of the Alzheimer's Disease and Related Disorders Association, and a past campaign chairman of UJA-Federation in New York.
Irwin Zazulia, Retired President and Chief Executive Officer, Hecht's, Arlington, Virginia, named Deputy Chairman.
Jones was appointed interim CEO in August of 1999, and he proceeded to organize an Office of the Chairman to assist him.
Vice Chairman Bryan Simmonds Terminal City Iron Works, Ltd 1909 Franklin St Vancouver, British Columbia Canada V5L 1R1 604/253-7525
Wilson, president and chief executive officer, Nellie Mae Education Foundation, Quincy, Massachusetts, renamed deputy chairman.
Siderow takes over the chairman position for Agin, who will continue to serve on the organization's board of directors as chairman emeritus.