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Chairman vs CEO

Thursday, December 29th, 2011 – running time 07:15

In this episode, Jay discusses the differences between the roles, responsibilities, obligations, and powers of the chairman of the board and the CEO.

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Should you bother becoming chariman?

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04:17
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Successful entrepreneur and CEO, Jay Adelson demystifies the start-up process by providing advice, tips, and answering questions. In this episode, Jay discusses the differences between the roles, responsibilities, obligations, and powers of the chairman of the board and the CEO.

Jay's Chalkboard Notes:

- CEO is accountable for the operation of the company

- CEO runs board meetings

- Chairman is the senior most board member

- CEO can be the chairman

- Chairman's typical role is to advise CEO and be available for board meetings

Should you bother becoming chariman?

- The CEO ultimately runs the company

- The board can fire the CEO

04:17

Play

Have questions about launching a business that you want answered? Submit them to askjay@revision3.com, or upload a video question on our YouTube page. And make sure and follow Jay via Twitter.

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