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In this tutorial, Kevin O'Flaherty discusses the powers and duties of corporate directors and officers. He explains the distinction between the two roles: directors, who are elected by shareholders to set company strategies and policies, and officers, who are appointed by the board to implement these strategies. In small corporations, directors often overlap with shareholders, while larger corporations might have directors who are not shareholders. The typical officer roles include president, vice president, secretary, and treasurer, as well as various C-suite positions. This video provides foundational insights into corporate governance.
