Corporate officers are the executives appointed by the board of directors to manage day-to-day operations and execute the board's decisions. Typical roles include Chief Executive Officer (CEO), President, Chief Financial Officer (CFO), Corporate Secretary, and Treasurer (in some structures officers are elected by shareholders). Each role carries specific legal authority to bind the corporation in contracts and decisions within its scope, and each bears fiduciary duties to the corporation. Unlike directors who govern, officers operate; the board sets direction, officers execute.
The required and common officer positions: CEO (Chief Executive Officer) is the top operational role, responsible for executing the strategic direction set ...