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How does a CEO gain control over the board?

Anonymous

∙ 9y ago

by becoming chairman of the board

Wiki User

∙ 9y ago

What else can I help you with?

Related Questions

Is the Board Chairman the CEO?

No, The Board Chairman is a Higher rank than the CEO, and With the Board's Consent, They can Fire the CEO whenever they like.

Can a CEO also be the chairperson of the board?

The CEO, the Chief Executive Officer, is always on the Board of Directors and is the Chairperson of the Board. That's why he/she is the Chief

Is chariman of board considered an insider?

Yes. The Chairman of the Board or CEO is about as "inside" as you can get since he has the power to control, either directly of indirectly, most all of the company functions.

What is it called when a person who has almost total control over an industry?

ceo or manager

What is above a CEO?

the CEO is the TOP of the food chain. The board of directors can only oust a CEO.

Who can fire CEO?

The CEO is selected or deselected by the board of directors of the company.

Who is above the CEO?

The only people that is above the CEO, is the board of director's.

Who is IBM's Chairman of the Board and CEO?

As of October 2023, Arvind Krishna serves as IBM's Chairman of the Board and CEO. He assumed the role of CEO in April 2020 and became Chairman in 2021. Krishna has been with IBM for over 30 years, holding various leadership positions within the company.

Who does the CEO report to?

The CEO typically reports to the board of directors. The board is responsible for appointing and overseeing the CEO, ensuring that the company is being managed effectively and in the best interests of shareholders.

Who has the most control over a coporation?

The individual with the most control over a corporation is typically the CEO or the chairperson of the board of directors, as they set the strategic direction and oversee operations. However, significant shareholders, especially majority owners or institutional investors, can also exert considerable influence over corporate decisions. Additionally, the board of directors plays a crucial role in governance, providing oversight and making key decisions. Ultimately, control can be a combination of executive leadership and shareholder power.

Can a CEO get fired?

Yes, a CEO can be fired by a vote of other board members.

What is under a CEO?

The CEO is part of the board of the company which controls the company's operations.

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