Officers
In a business context, Officers are individuals appointed by a company's board of directors to manage and execute the company’s day-to-day operational activities. They hold executive positions such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operating Officer (COO), and other senior leadership roles. Officers are responsible for implementing policies and strategies decided by the board and ensuring organizational goals are met.
Officers have fiduciary duties towards the company, which include duties of care, loyalty, and good faith. These positions are particularly significant in corporations where officers play a pivotal role in decision-making, financial management, and operational oversight.