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 ?
As per decided formula among the political parties at the time of this government took charge of the affairs, ANP, MQM, PML and JUI-F may get chairmanship of 4, 3, 2 and 2 committees.
The main tone of the Macedonian FSC chairmanship will after all be determined by the next Ministerial Council of the OSCE in Dublin, Ireland, in December this year and the efforts made for effective brokering in achieving consensus for taking important ministerial decisions.
Two other Labour councils where the party has monopolised all the chairmanships - Torfaen and Newport - are due to hold their annual meetings this week and next.
The OSCEs economic and environmental dimension remains the most fertile ground for constructive interaction between participating States, while in the human dimension, the Italian Chairmanship will work to support the link between the protection of fundamental rights and the pursuit of peace, security and prosperity.
Of the nine Senate Presidents, two Senate Presidents refused to give chairmanships to the minority - none whatsoever.
Sonny Angara to the Finance committee while there would most probably be an election for the Ways and Means committee chairmanship. Sotto noted that Senator-elect Bato dela Rosa is interested in the committee on illegal drugs.
Sotto earlier revealed that some newly-elected senators were eyeing committee chairmanships held by incumbent senators.
This came after he told a radio interview that aside from returning senators, who want to get back the committees they previously chaired, there are also incoming senators who want to get the chairmanships from incumbent senators.
Sotto had said then that the majority bloc was willing to give Pimentel any committee chairmanship he wanted.
We didn't talk about the chairmanships of the committees when we're discussing the change of leadership,' he said.
Senator Panfilo Lacson was elected chair of the committee on games and amusements while Senator Manny Pacquiao got the chairmanship of the sports committee.
added the PCFI has 12 committee chairmanships, which now includes major committees, such as the following: Games and Amusement, Economic Affairs, Labor and Employment, and the Overseas Workers Affairs.