Mig4 asked in Business & FinanceCorporations · 1 decade ago

What is the difference between a Chairman and a CEO of a company?

There is a clear difference as both SOX and the Combined Code in the UK suggest the roles should be split to prevent too much power to one person. I don't know the damn difference though!

2 Answers

  • Jack
    Lv 6
    1 decade ago
    Favorite Answer

    Usually the chairman is the head of the board of directors....they represent the investors in the company but don't necessarily take part in the day-to-day operations.

    The CEO is Chief Executive Officer.....most times you will see that appointment bestowed on the president. He is in charge of running the operation.

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  • Anonymous
    1 decade ago

    The Chairman of the Board of Directors is not involved in day to day operations.

    The Chief Executive Officer runs the day to day operations.

    One person may hold both offices.

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