CEO
managing director
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- Parent Category: Business Legalities
Managing Director = CEO = Geschäftsführer
The managing director has to carry out many duties and cope with a lot of liabilities – all depending on the exact situation and financial status of the company. This is true for any kind of corporation, be it a GmbH, AG, PartnerschG, or whatever. No matter what the name might be, the managing director has more or less the same duties.
Quitting as CEO
- Details
- Parent Category: Business Legalities
Quitting as CEO
Some managing directors like their job and some CEOs hate their employment. This page will tell you all about you need to know successfully exit the company.
Director’s Liability
- Details
- Parent Category: Business Legalities
Director’s Liability
Each and every important position is prone to liability. Managing directors are especially subject to liability, be it by creditors, law, tax or prosecuting authorities. This page will introduce to most common liability traps that a CEO can encounter.
Eligibility for CEO
- Details
- Parent Category: Business Legalities
Eligibility for CEO
Managing directors are in a special position as they not only run and represent the company but also have a lot of responsibilities. German law has decided not have every nincompoop be able to fill this vital position. You have to be eligible for this assignment. We will describe this to you below.
Ban on Competition
- Details
- Parent Category: Business Legalities
CEO's Ban on Competition
Generally, the law forbids managing directors from entering into competition with their own company – duty of loyalty. This especially relates to interesting business opportunities which are in the company’s line of business or even a competing company.
