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badman
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im confused over these tqwo position. big companies have both position, but who hold more power? if the president makes a rule or wants to do something new with the company does he has to go thru the CEO?
Archon said:badman: Just in case your plan does involve world domination: remember, everything is legal until someone notices .
Normally the President reports to the CEO who reports to the board. The CEO may be a board memeber, and may be Chairman of the Board. Alot depends on the structure of the company.badman said:im confused over these tqwo position. big companies have both position, but who hold more power? if the president makes a rule or wants to do something new with the company does he has to go thru the CEO?
Yeah - I believe that is generally the case. Thanks for pointing that out.dduardo said:The President may be the CEO., but that all depends on the Corporate Bylaws of the company. It rarely is mentioned in the Articles of Incorporation.
The answer to this question may vary depending on the specific company and its structure. In some cases, the CEO may hold more power as they are responsible for the overall management and direction of the company. However, in other cases, the president may hold more authority as they are typically responsible for overseeing the day-to-day operations and making important decisions within the company.
Yes, it is possible for the CEO and president to be the same person. This is often seen in smaller companies where the roles of CEO and president are combined into one position. However, in larger companies, the roles are typically divided between two individuals.
The main difference between a CEO and a president is their role and responsibilities within the company. The CEO is the highest-ranking executive and is responsible for setting the overall direction and strategy of the company. The president, on the other hand, is responsible for managing the day-to-day operations and implementing the CEO's vision.
Both the CEO and the president are ultimately accountable for the success or failure of a company. While the CEO may hold more responsibility for the overall direction and strategy, the president is responsible for executing and managing the day-to-day operations. Therefore, the success or failure of a company is a combination of both individuals' efforts.
Yes, both the CEO and president can be removed from their position if they are not performing their duties effectively or meeting the expectations of the company's board of directors. In most cases, this decision would be made by the board of directors, but it may also depend on the company's bylaws and structure.