Kinda interesting how “President” in business began to suggest weaker levels of executive authority a few decades ago and was supplanted by “CEO.” Today if used at all it is often below CEO. Same with “Managing Director” (more common in the last with British style businesses).
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Also, in quite a lot of presidential democracies, president is a ceremonial role without any real power except a few key cases, and PM is actually the head of state.
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