Officers of corporations are appointed by the directors sitting on the board. The directors decide how many officers to install and the role each officer performs for the company. There are no specific requirements for being a corporate officer. Officers can also serve as company shareholders or directors.Know More
Officers are expected to run the daily operations of the company. Examples of officer positions are chief executive officer, president, chief operating officer, secretary and treasurer. The board can create as many officer positions as it deems necessary to run the business. In smaller companies, one person may hold several officer positions. When a single person takes on the role of several offices, this increases that person's duty liabilities.
Directors and shareholders trust officers to carry out their duties competently. Officers are held liable for specific duties they are assigned. For example, the treasurer, or chief financial officer, is tasked with ensuring the company has enough funds to pay employees. Failure to carry out this important duty can lead to serious legal trouble for the officer in charge.
Officer roles are functional. For example, the role of a corporate secretary is to create, manage and maintain detailed records of company operations. This officer also records minutes for board meetings and keeps the company event calendar updated.Learn more about Managing a Business
Widely known as Fox News’ Senior Judicial Analyst, Judge Andrew P. Napolitano is the youngest Superior Court judge ever appointed in New Jersey, as of 2014. Tenured for life, he sat on the bench from 1987-1995, leaving to pursue private practice. As of 2014, he is a distinguished visiting professor at the Brooklyn Law School, where he teaches constitutional law and jurisprudence.Full Answer >
Any person wishing to be appointed as a representative payee for a recipient of Social Security or SSI can use a representative payee form to request appointment. Family, friends or qualified organizations may serve as payees.Full Answer >
Kalpesh Yagnik was appointed as the national editor of Dainik Bhaskar in 2009. At that time, he had been with the Bhaskar Group for 12 years.Full Answer >
All bishops are appointed by the pope. The pope may select anyone he chooses. However, there is a process established in the Catholic Church that results in recommending a list of candidates to be presented to the pope for appointment.Full Answer >