Tell me more ×
Answers OnStartups is a question and answer site for entrepreneurs looking to start or run a new business. It's 100% free, no registration required.

Delaware Corporations can have officers and directors... What are the differences between these two? Is it common for officers to be directors?

share|improve this question

1 Answer

up vote 1 down vote accepted

Officers are employees of a corporation who manage the operations. Directors represent the shareholders and can hire/fire the officers. They can be the same people in a closely held corporation.

share|improve this answer

Your Answer

 
discard

By posting your answer, you agree to the privacy policy and terms of service.

Not the answer you're looking for? Browse other questions tagged or ask your own question.