Paul Liska is a private investor in Illinois with more than four decades of business experience. Throughout much of his career, Paul Liska has held positions on the boards of several public companies.
Large companies usually have around nine board members who handle a variety of tasks related to members' skills and the organization’s needs. Small companies may have only three board roles: chairperson, secretary, and treasurer, which are briefly described here:
1. Chairperson: As the highest-ranking officer, the chairperson guides and facilitates all board operations. The chairperson tracks the performance of a company’s directors, oversees the implementation of strategic plans, and sets board agendas.
2. Secretary: Handling all legal and regulatory compliance issues for a company, the secretary is responsible for filing legal documents on time, talking to shareholders, and directing the mission, purpose, and vision of a company.
3. Treasurer: Unless a company already has an accountant, the treasurer handles all of the company’s financial records. The treasurer keeps copies of financial records and is responsible for signing checks for the business manager and approving invoices and purchases.