Natural person appointed by the Board of directors. Even though he does not have more decisional powers than the other directors, the president is notably mandated to chair the meetings of the Board of Directors. However, the declaration of co-ownership may provide for a casting vote for the president of the board of directors in the event of a tie.
WARNING ! One must not be confused between the offices of president of the general meeting and of president of the Board of Directors. They are two different offices.