Which of the following positions is NOT typically part of corporate governance?

The correct answer is that a trustee is not typically part of corporate governance as it pertains to corporate structure and management. Corporate governance generally involves the framework of rules, relationships, and practices used to direct and manage a company. This includes the roles and responsibilities of executive leadership, such as the Chief Executive Officer (CEO), Chief Operating Officer (COO), and Chief Financial Officer (CFO), who are integral to shaping and implementing corporate strategies and ensuring accountability to stakeholders.

While trustees serve important functions in various organizations—such as boards of non-profit organizations or in fiduciary roles—they do not typically operate within the corporate governance structure of a corporation. Instead, corporate governance is often the responsibility of individuals and boards that directly manage and oversee the company's operations, ensuring that it meets both its strategic goals and regulatory requirements. This distinction is critical in understanding the roles each position plays within an organization.