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Officers

Learn about appointing officers to your corporation.

Your corporation's officers are appointed by the board of directors of the corporation to run the day-to-day operations of the business. When appointing an officer, directors specify the duties of the officers and delegate them powers to manage the business and affairs of the corporation. 

Like directors, officers are subject to two general duties under corporate law: a fiduciary duty, and a duty of care, diligence and skill.

A corporation can have multiple officers in different positions, or none at all. Additionally, a single person can also hold multiple different offices. On Goodlawyer, you are required to assign at least one officer, and we suggest the title of “President” for that officer because it is the most commonly used officer title for private corporations.

If you don’t want to use “President” as an office title, you are permitted to create other titles for your officers like CEO, CFO, Vice-President, Treasurer, etc.