Ask a Business Lawyer. Get Business Law Questions Answered ASAP.
The Company Chairman can also be CEO. The CEO is the chief executive officer of the company and is either the president or can be the Chairman of the Board of Directors.
Normally, a company has a President, a Vice President, a Treasurer and a Secretary. The President is usually the Chief Executive Officer unless the Chairman of the Board is. The Vice President is second in command normally. The Treasurer is responsible for finances and the Secretary is responsible for keeping corporate records.
That is a general overview of the roles of officers.
Yes that is correct generally a Secretary cannot also be President/CEO.
I would appreciate you accepting the answers as that is the way I am compensated. Also if you could, would you provide feedback on the response I provided. If you were especially satisfied, you can provide a bonus.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).