Preside

Part of speech: verb (v.)

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.