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:
“If men would avoid that general language and general manner in which they strive to hide all that is peculiar and would say only what was uppermost in their own minds after their own individual manner, every man would be interesting.”
—Ralph Waldo Emerson (1803–1882)
“He wrote me sad Mother’s Day stories. He’d always kill me in the stories and tell me how bad he felt about it. It was enough to bring a tear to a mother’s eye.”
—Connie Zastoupil, U.S. mother of Quentin Tarantino, director of film Pulp Fiction. Rolling Stone, p. 76 (December 29, 1994)