In CIS corporate governance, the general director is the highest executive position in a company, analogous to a US CEO or a UK managing director. The position exists for all Russian legal forms (Joint stock companies (AO) and limited-liability companies (OOO)), except for a sole proprietorship (IP).
The general director is defined as the "single-person executive body" of a company, acts without power of attorney to represent the company, and issues powers of attorney to others. His or her powers are defined precisely by the company charter, by decision of the general meeting of shareholders (AO) or participants (OOO), and by resolutions of the board of directors.
Famous quotes containing the words general and/or director:
“However energetically society in general may strive to make all the citizens equal and alike, the personal pride of each individual will always make him try to escape from the common level, and he will form some inequality somewhere to his own profit.”
—Alexis de Tocqueville (1805–1859)
“Your audience gives you everything you need. They tell you. There is no director who can direct you like an audience.”
—Fanny Brice (1891–1951)