Chairman of the Board

Definition

The highest-ranking officer in a corporation's board of directors. Presides over corporate meetings. Sometimes has executive authority over a firm, sometimes does not.

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He was chairman of the board and would oversee all of the projects that people were doing in the business.

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Prior to the his death, Steve Jobs was the chairman of the board at Apple and now his successor and current chairman is now Tim Cook.

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Sonny was Chairman of the Board, a position that was thanks to his father owning the airplane production company, and he was able to wield fierce power.

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Alan Greenspan Board of Directors