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 ?
10 "Classic Mineral Localities" (Chairmen: Eugene Foord, William "Skip" Simmons, Arthur Roe, Peter Modreski, Henry Truebe)
Of Nikkeiren's nine vice chairmen, four will become vice chairmen at the JBF.
Whereas only 53% of our sample was comprised of former CEOs, another study by Leslie Levy of the Institute for Research on Boards of Directors found that "over 90% of all separate chairmen are ex-CEOs who serve in connection with normal succession." As would be expected under a succession situation, this chairmanship is a temporary assignment and typically lasts for two to three years, after which time the new CEO typically becomes chairman also and the prior chairman remains on the board as an "ordinary" member.
Noor Daraz Khan have been appointed as chairmen for District Public Safety Commissions Charsadda, Mardan and Karak respectively.
Four vice chairmen, one from each electoral region - Central, Eastern, Southern and Western - for a two-year term, 1992-1994.
Buchanan Carolina Foundry Supply Directors (Terms Expire 1991) Ben Grigg Grede/Roberts Div Roger Hatcher Hatcher-Sayre, Inc Jim Russell Foundry Service Directors (Terms Expire 1992) Doug Tolbert Piedmont Foundry Supply Robert Mathews Grinnell Corp Dave Kundis Newport News Shipbuilding Membership Chairmen Charles Perkins Foseco, Inc (*)130 Gross Point Dr Huddleston, VA 24104 800/321-3122 Greg Kullich Miller and Co (*)Rt #5, Box 408 Clover, SC 29710 Education Chairman J.
The affected council chairmen were suspended for three months for gross misconduct, financial misappropriation and other offences contrary to local government law.
The government appointed deputy commissioners of the seven districts as chairmen of the board of directors of these waste management companies, asking them to forward proposals for new members of the board and have them approved at the earliest.
MIRPURKHAS -- Chairmen of 42 union councils of district Umerkot have demanded to amend local government ordinance 2013 and give status to Chairman of the Union Council as member of the district council.
APPOINTMENT OF CHAIRMEN AND DEPUTY CHAIRMEN OF THE FEDERAL RESERVE BANKS
In addition to a standard board retainer fee of $20,000 and a committee retainer of $2,500 ($5,000 for chairmen), a $1,000 fee is paid for each board or committee meeting attended.