chairman of the board

Definition of chairman of the board

: the principal officer of a corporation who presides over its board of directors and oversees its activity (1) by bringing forward for discussion and action problems arising from conflict of interest, problems stressing financial stewardship, policy questions growing out of operating decisions and (2) by setting up sound board procedures and securing competent board members

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Learn More About chairman of the board

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Cite this Entry

“Chairman of the board.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/chairman%20of%20the%20board. Accessed 24 Jul. 2021.

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