chairman

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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 ?
Handing over to the FSC Chairmanship to Slovenia and his counterpart at the Slovenian delegation Ambassador Andrej Benedejc?
We strongly support the focus of the Italian Chairmanship on countering all forms of racism, xenophobia, intolerance and discrimination including those based on religious grounds.
Batticaloa Municipality, also Valaichenai, Araiyampathi, Vaharai and Pattipalai paradesha sabahs chairmanship to ITAK and Kalawanchikuddi and Poraitivu pradesha sabahs chairmanship to TELO.
The Republic of Cyprus assumes the Chairmanship of the CoE, in Strasbourg on November 22.
The Russian Chairmanship in the SCO in 2015 resulted in reaching the new cooperation level among the member states, observers and dialogue partners that to a larger extent will facilitate the organization image in improving close partnership between different cultures and civilizations and playing the role of the basis for forming a polycentric international system.
The Bulgarian chairmanship was successful and beneficial for Europe," Bulgarian President Rosen Plevneliev said in his address to the session.
Of the seven House chairmanships Texans currently hold, almost all are scheduled to hand over their gavels sometime in the next five years.
Police spokesman told here on Wednesday that Gulberg police registered a case against Aslam Sheikh, a candidate of chairmanship from UC-152, and his 7 supporters on charge of using loudspeaker and delivering fierce speech in a corner meeting at Milad Road.
In this context I would like to underline importance of the decision of Belarus to re-assume Chairmanship of CIS.
Azerbaijan's chairmanship will last for six months.
Riyadh, Jumada I 2, 1435, Mar 3, 2014, SPA -- The Foreign Ministers of Gulf Cooperation Council (GCC) States will hold a meeting here on Tuesday under the chairmanship of Kuwaiti Deputy Prime Minister and Foreign Minister Sheikh Sabah Khalid Al-Hamad Al-Sabah, who is chairmanship of the current session of the GCC Ministerial Council, with participation of GCC Secretary General Dr.
Armenia transferred the Council of Europe Committee of Ministers chairmanship to Austria at the meeting of the