Question

Different between Ceo and Chairman man​

Answer 1

There no single right way to divide responsibilities between owners, chairmen, CEOs, COOs and the rest of the executive team. Authority is delegated. That delegation is dependent upon the business context and confidence the leaders have in one another.

Having said that, Rita’s Italian Ice and Falconhead Capital – the investment firm that owns a controlling interest of the company – have a pretty good working model. Rita’s Executive Chairman of the Board Mike Lorelli explained to me how they’ve broken down the roles:

The executive chairman takes the lead on:

Running the board of directors

• Dealing with external funding (investors and lenders)

• Joint venture pursuits and relations

• Compensation practices

• Management development

• CEO succession

• Strategic plan guidance

The CEO takes the lead on running the company, across its:

• Strategic process

• Operating process

• Organizational process

hope it helps...

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