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Structural division: books › party › SECTION TWO
Article 337 — General Manager
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ A company shall have a general manager appointed by the board of directors; The general manager shall be accountable to the board of directors.
2/ The board may revoke the appointment of the general manager; The general manager shall have no right to be reinstated as a general manager even where he has been dismissed without good cause; however, the board may reappoint him.
3/ The general manager is an employee of the company; he may be a member of the board of directors; He may not be the chairperson of the board.