Chair of the Board types and their relation to the company management
In the case of companies and similarly-organized bodies, there are generally two types of Chair: Non-executive and Executive.
Non-executive Chair of Board:
- A part-time officeholder who sits on and chairs the main board of a company
- Provides support and advice to a CEO.
- This position usually entails fulfilling a similar function on a number of additional board committees, as well as being a political figurehead of the Company.
Executive Chair of Board:
- A full-time officeholder who typically leads the board and also takes a hands-on role in the company's day-to-day management.
- Help the CEO to oversees all the operational aspects involved in running the company, which include project planning and development delivery, retail and leasing, sales, market research and many other areas within their extensive scope.
- Have overall responsibility for the company which involves engineering and controlling the company's current growth in and future expansion into international markets.
- In addition, oversees all projects' development activities and related businesses of the company, generating significant financial returns for the shareholders and driving sustainable development.
The chairman sets the style of leadership of the board which in turn filters down through the organisation.