oboloo Glossary

Chair Of The Board

oboloo Glossary

Chair Of The Board

Chair Of The Board: A board chair is the leader of a company’s board of directors, often chosen from amongst the board members. As head of the board, the chair is responsible for setting policies and overseeing business operations. This person has ultimate authority over all other board members and is expected to ensure that the decisions made by the board are in line with the company’s mission and beneficial to its shareholders. They also act as a liaison between the board and management teams. With great power comes great responsibility; those who assume this role must take their job seriously and be willing to put in the hard work required to succeed.