Chair of the board

Definition:

Highest-ranking member of a Board of Directors, who presides over its meetings and who is often the most powerful officer of a corporation.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Cumulative voting

A system of voting for directors of a corporation in which shareholder's total number of votes is equal to the number of shares held times the number of candidates.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio