• The term “incumbent” has many different meanings, although it usually refers to a person who currently holds duties in a corporation or branch of government.
  • In business, an incumbent may also refer to a leader, in particular the leader of a company or a company that has a significant market share in the industry.
  • Actors also refer to business relationships, and in politics, the actor is the person who currently holds the position.
  • Companies list their leaders on the job title certificate. These leaders include acting directors, officers, and may also include major shareholders.
  • In political elections, actors are most often re-elected, not a candidate.