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This question is about what a chief executive officer does.
The principal of a company is the company's top key management figure, such as a Chief Executive Officer (CEO). Some companies choose different job titles for the principal of their company.
A Chief Executive Officer is a company's highest-ranking employee. Certain CEOs are founders of a specific company, while others get promoted to the position or are hired from other companies.
A CEO or principal's primary function is to take part in high-level oversight and planning for a company's future. They are in charge of making the most crucial decisions that affect a company.
Principals are top-level management positions in most companies. They often have more control over a company than partners do. Partners are individuals that own a certain portion of a company. Principals may exist as both partners and principals if they have some level of ownership. But in general, principals hold more company power than partners do.

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