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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 directors and officers: directors are elected by shareholders to manage major corporate strategies and policies, while officers implement these strategies. In small corporations, directors may also be shareholders, but larger corporations often have directors who are not shareholders. Traditional officer roles include president, vice president, secretary, and treasurer, as well as various c-suite positions. The tutorial aims to clarify how these roles function within a corporation.
