| Aspect | Executive Committee | Board of Directors |
|---|
| Primary Role | Oversees daily operations and makes strategic decisions between board meetings | Provides overall governance, oversight, and high-level strategic direction |
| Membership | Selected members from the board, often senior executives | Elected or appointed individuals representing shareholders or stakeholders |
| Authority | Has delegated authority to make certain decisions; limited by bylaws | Ultimate authority over organizational governance and policy |
| Meetings | More frequent, often monthly or quarterly | Less frequent, typically quarterly or annually |
The Executive Committee handles day-to-day strategic decisions and operational oversight, while the Board of Directors maintains overall governance and high-level oversight. The Executive Committee acts on behalf of the Board between meetings, but ultimate authority remains with the Board of Directors.