See how titles (when taken literally) can become confusing? The confusion centers on an executive director who represents himself/herself as the President/CEO but then proceeds to use the board to hide behind. Members of a group should be able to rely on the title of the organization's representative as an indicator of the authority that person has within the organizational structure. Technically speaking, this non-profit executive director has assumed the role of President/CEO as would be applicable in a for-profit situation. In the typical for-profit situation, the President has considerably more authority (and, presumably, more accountability under Sarbanes-Oxley and other federal and state regulatory requirements) and is, therefore, able to act on behalf of the corporation and approve such documents as memoranda of agreement. In those for-profit situations, the President may or may not brief the board of directors, even after the fact, depending on whether or not the memo is deemed to be material or outside the normal day-to-day operations of the corporation for which the president is both authorized to perform and accountable for those actions.
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