Who reports to the board of directors?
Understand the Problem
The question is asking about the individuals or roles that provide updates, information, or other communications to the board of directors. This typically includes executives such as the CEO, CFO, and other members of senior management who need to keep the board informed about various aspects of the organization's performance and strategy.
Answer
CEO and CFO, sometimes COO, CTO, and General Counsel.
The Chief Executive Officer (CEO) and the Chief Financial Officer (CFO), along with potentially the Chief Operating Officer (COO), Chief Technology Officer (CTO), and General Counsel, report directly to the Board of Directors.
Answer for screen readers
The Chief Executive Officer (CEO) and the Chief Financial Officer (CFO), along with potentially the Chief Operating Officer (COO), Chief Technology Officer (CTO), and General Counsel, report directly to the Board of Directors.
More Information
The CEO typically reports to the board regarding overall operations and performance, while the CFO handles financial matters. Other executives may report based on specific organizational contexts.
Tips
A common mistake is to assume that all top executives report to the board; in many cases, the reporting structure can vary based on the company's governance policies.
Sources
- Who Reports Directly to the Board of Directors? - summitjunto.co
- The Basics of Corporate Structure, With Examples - Investopedia - investopedia.com
