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This question is about what a chief executive officer does.

What is the principal of a company?

By Zippia Team - Nov. 16, 2022

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.

What is the principal of a company?

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