00:00:04business school bid is taking a look at
00:00:06the difference between the chairman of
00:00:07the board the CEO which is the chief
00:00:09executive officer and the president of
00:00:11the company well first off the chairman
00:00:13of the board is not actually a member of
00:00:15the executive team he sits on the board
00:00:16of directors and basically represents
00:00:18all the shareholders of a firm the CEO
00:00:21is the person who is responsible for
00:00:22setting out the strategic vision of the
00:00:24company and finally the president is the
00:00:26person that has to go out and on a
00:00:28day-to-day basis execute the business
00:00:30plan so in a nutshell the president
00:00:32reports the CEO and the CEO has the
00:00:35chairman to answer to and that has been
00:00:37today’s business cool bits on
00:00:38watchmojo.com
”