chairmanship

Intermediate 💼 Corporate / Business

Definition

The position or tenure of serving as chairman, the person who presides over a board, committee, or organization. It's the corporate throne where one gains the power to control meeting agendas and interrupt people with authority. Despite attempts to modernize to "chairpersonship," most people just say "chair" now and avoid the linguistic gymnastics.

Example Usage

During his chairmanship of the finance committee, the organization finally achieved financial stability.

Source: Common corporate governance terminology

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