General Director

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In Russian corporate governance, the General Director is 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 (PBYUL).

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 Charter, as well as decisions of the General Meeting of Shareholders (AO) or Participants (OOO), as well as resolutions of the Board of Directors.