chairman

(redirected from chairmanships)
Also found in: Dictionary, Thesaurus, Medical, Legal.

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 ?
He recalled that over the course of its FSC Chairmanship, Slovakia had facilitated Security Dialogues that emphasized the importance of transparent and reliable military information.
Trincomalee Urban Council, Trincomalee Town & Gravets and Kutchaveli pradesha sabahs to ITAK, but the deputy chairmanship of Trincomalee UC allotted to TELO.
And while Texas will be losing some powerful chairmanships, several senior members of the delegation often come up in discussions of who may fill key chairmanships in the future.
But she did not say that Washington would launch an effort to have Iran booted out of the chairmanship.
Well placed sources told on Sunday that coalition partners Awami National Party (ANP), Muttahida Qaumi Movement (MQM) and Pakistan Muslim League (PML) had forwarded their demands for the provision of chairmanship of 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.
Another priority of the French G-20 Chairmanship is the internationalization of the currencies of some developing states.
Another Labour source said: "It has been suggested that reserving the chairmanship for a Conservative MP may have been done as a sop to the eight Tories who were elected from Wales at the election.
Each chairmanship of the Committee of Ministers of the Council of Europe tends to develop more efficient, balanced and comprehensive program covering all the levels of the organization.
It's worth noting that it is not unusual for the Democratic pro tem to appoint Republicans to chairmanships.
Right-wingers fear left-wingers could strike again tonight when the annual meeting resumes to settle chairmanships of five council committees or positions on the group's executive committee.
He holds other non executive chairmanships at SMG ASA, Seatex Garex ASA and AS Noral.