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> There are "executive directors" that have management responsibility, eg the CEO and "non-executive directors" that do not. In the US, often the CEO and the Pr
by Conan_Kudo 6y ago
> There are "executive directors" that have management responsibility, eg the CEO and "non-executive directors" that do not. In the US, often the CEO and the President of the board are the same person, but that's less common elsewhere and is considered a flaw in corporate governance.
Older and bigger companies tend to have the CEO and President be different people (T-Mobile, IBM, etc.)
Usually, when the company is smaller, they are the same person.
Whether they are the same or separate people does not really matter very much in practice, since the board will often reset both roles at the same time in any circumstance where they do not like management.