Compare role of chairman and ceo with examples?

The chairman of the board and the CEO serve distinct but complementary roles within a corporation. The chairman leads the board of directors, overseeing governance and ensuring that the interests of shareholders are represented, while the CEO manages the day-to-day operations and implements the company's strategy. For example, in a company like Apple, the chairman (currently Arthur D. Levinson) focuses on guiding board discussions and corporate governance, while the CEO (Tim Cook) is responsible for operational decisions and driving the company's vision forward. This separation of roles helps balance oversight and management within the organization.