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chairman
(redirected from chairmans)

   Also found in: Dictionary/thesaurus, Medical, Legal 0.01 sec.
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.


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Compensation for committee work shall during the period amount to SEK 335,000 totally, of which the Chairmans of the Nominating Committee and the Audit Committee shall receive SEK 75,000 respectively and the other members of these committees shall each receive SEK 37,000.
According to the 2003 Spencer Stuart Board Index, 12 percent of new outside directors were retired CEOs, chairmans, etc.
The Chairmans sentiments are echoed by Jan Svensson, Ericssons Vice President and PU manager for GSM and UMTS mobile phones.
 
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