Pre·side v. i. [imp. & p. p. Presided; p. pr. & vb. n. Presiding.]
1. To be set, or to sit, in the place of authority; to occupy the place of president, chairman, moderator, director, etc.; to direct, control, and regulate, as chief officer; as, to preside at a public meeting; to preside over the senate.
2. To exercise superintendence; to watch over.
Some o'er the public magazines preside. --Dryden.
v : act as president; "preside over companies and corporations"