OP may have been trying to clarify that CEO is NOT Chairman of the BOARD. Chairman is top of pyramid, CEO is employee of Corp. Many CEOs hold both roles to prevent themselves from being fired, but this is NOT really “normal”, intended, or desirable. It is intentional cabal corruption of Corporate governance to prevent their cronies from being removed.
In single shareholder private corporation, the Chairman is usually the shareholder or shareholder of Holding Company, and EVERYONE works for him including the CEO.
OP may have been trying to clarify that CEO is NOT Chairman of the BOARD. Chairman is top of pyramid, CEO is employee of Corp AND Chairman. Many CEOs hold both roles to prevent themselves from being fired, but this is NOT really “normal”, intended, or desirable. It is intentional cabal corruption of Corporate governance to prevent their cronies from being removed.
In single shareholder private corporation, the Chairman is usually the shareholder or shareholder of Holding Company, and EVERYONE works for him including the CEO.