Can the same person be both Board Chairman and CEO?

Can the same person be both Board Chairman and CEO?

June 10, 2019

A person can be both a board chairman and a CEO.

A board is mjade up of directors that are why it is otherwise known as board of directors. Directors of a company might not necessary be part of the day to day running of the company. The chairman of the board is someone who leads and presides over the board. On the other hand a CEO is the highest ranking executive director in a company. The fact that a CEO is a director automatically makes him a member of the board. Thus, a CEO being a person who holds the top most position in a company can be a chairman of the board.

 

 

 

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached.

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