TSXV:EPO.H - Post by User
Comment by
Alpha101on Jan 05, 2018 2:00pm
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Post# 27291894
RE:RE:EPO site updated
RE:RE:EPO site updated Hope this helps.
"President is often subordinate to the Chairman. He is accountable to the board of directors and thus Chairman for the performance of the company. When President also takes upon the responsibility of the CEO, he is the most powerful officer of the company but still remains accountable to the Chairman. President and CEO is the captain of the ship and everyone in the management looks up to him for guidance.
Chairman of the board of directors is often elected by the shareholders and is responsible for protecting the financial interests of the shareholders and is more concerned about company’s profitability and stability. He, along with the other members of the board discusses and evaluates the performance of top level managers. Chairman has the power to vote out the President of a company. On the other hand, President is the face of the management in a meeting of board of directors presided over by the Chairman."