Who is higher CEO or board of directors?
Board of Directors
Contents
- Board of Directors
- What is the chairman of the board?
- What does the Chairman of the Board of Directors do?
- Who is on the Board of Directors?
- Board of Directors of a cooperative
- Who elects the Chairman of the Board of Directors?
- What happens if the chairman of the board resigns?
- What is the relationship between shareholders and the Board of Directors?
- Board of Directors organization chart
- How many members can a Board of Directors have?
- What is the composition of the Board of Directors of the condominium?
- How should a member of the Board of Directors resign?
- Chairman of the Board of Directors
Mr. Armstrong Zambrano is a graduate of the Instituto Tecnológico y de Estudios Superiores de Monterrey with a degree in Industrial and Systems Engineering and holds an MBA from The Wharton Business School of the University of Pennsylvania (1980).
Mr. Armstrong Zambrano is a graduate of the Instituto Tecnológico y de Estudios Superiores de Monterrey with a degree in business administration and holds a master’s degree in business administration (MBA) from IE Business School.
He is a graduate of the Instituto Tecnológico y de Estudios Superiores de Monterrey with a degree in mechanical engineering and administration and holds an MBA from the University of Texas.
He graduated as an electrical mechanical engineer from Universidad Iberoamericana, and completed a business administration specialization at Harvard University and the Anderson School at the University of California, Los Angeles (UCLA).
Mr. Garza Medina holds a B.S. degree in industrial engineering and an M.S. degree in industrial engineering from Stanford University, where he received the F. Tearman Award. He also holds an MBA from Harvard University.
What is the chairman of the board?
The duties of the Chairman of the Board of Directors should go beyond those provided by law. The chairman must exercise leadership at board meetings, ensuring their smooth running and ensuring at all times that their dynamics generate greater value for the company and, therefore, its shareholders.
What does the Chairman of the Board of Directors do?
The officers comprising the Board of Directors are: Chairman: He/she is responsible for convening and drawing up the agenda, as well as chairing and coordinating the meetings. He/she is also responsible for the proper functioning of the Board and its organization.
Who is on the Board of Directors?
It is composed of several members or directors (more than two persons), who are appointed by the general meeting of shareholders, one of whom is the chairman. The board may appoint one or more chief executive officers or an executive committee.
Board of Directors of a cooperative
Former Risk Manager at Caja Rural de Málaga. He was also Director of Audit and Internal Control, Deputy Director of Planning and Management Control, Organization and Human Resources at Caja de Ahorros y Préstamos de Antequera.
He assumed the positions of Deputy Director of Planning and Management Control, General Secretary, Regional Business Director, Director of the Investee Companies Division and General Director of Montes de Piedad and Caja de Ahorro de Ronda, Cádiz, Almería, Málaga, Antequera (UNICAJA).
He is currently Chairman of the Board of Directors of Unicaja Banco, S.A., holding the position of Executive Chairman since June 2016, having been a director since December 2011. He is also Chairman of the Board of Directors of Cecabank, S.A. and Director of CECA.
He has held the following positions: Councilor and Mayor of the City Council of Ronda, Member and President of the Diputación de Málaga, President of the Patronato de Turismo Costa del Sol and Member of the European Parliament (member of the Subcommittee on Human Rights, the Development Committee and the Delegation to the ACP-EU Joint Parliamentary Assembly).
Who elects the Chairman of the Board of Directors?
Who chooses it? The provisions of the Bylaws of the company in question shall apply, but in the event that the Bylaws are silent on the matter or so provide, it shall be the Board of Directors itself that shall proceed to appoint him/her within the framework of its internal regulatory capacity.
What happens if the chairman of the board resigns?
In the event that no alternates have been elected, and in the event of the resignation of some directors, it is necessary to call an extraordinary meeting so that the meeting may appoint replacements and, if possible, their corresponding alternates.
Shareholders are the “long term” decision makers of the company. They do not make the day-to-day decisions of the company; this is the task of the board members. However, they can hire or fire these board members if they agree at an official meeting.
Board of Directors organization chart
The Board of Directors is the highest management group that leads a company (corporation or limited liability company). Thus, it is made up of the persons in charge selected by the general assembly of shareholders, acting in accordance with the provisions of the organization’s bylaws.
In general, the decisions taken in a company are made by the Board of Directors, mainly by the Chairman and the Chief Executive Officer, who have the necessary powers to do so.
How many members can a Board of Directors have?
The Board of Directors must consist of at least 3 members. The company’s bylaws must indicate the exact number of members, or a maximum and minimum number. In the case of the SL (as opposed to the SA) the maximum number of directors may never exceed 12.
What is the composition of the Board of Directors of the condominium?
The board of directors must be formed by an odd number of members, so it will be necessary that it be constituted with at least three members, who must be owners, or their delegates, in case the former are unable to attend the meetings.
How should a member of the Board of Directors resign?
The resignation of a member of the board of directors must comply with the provisions of the internal regulations of the co-ownership. With respect to this point, it should be noted that such resignation does not exempt the former from liability for future obligations.
Chairman of the Board of Directors
The Board of Directors is the highest management group leading a company (corporation or limited liability company). Thus, it is constituted by the persons in charge selected by the general assembly of shareholders, acting in accordance with the provisions of the organization’s bylaws.
In general, the decisions taken in a company are made by the Board of Directors, mainly by the Chairman and the Chief Executive Officer, who have the necessary powers to do so.