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Corporate titles or business titles are given to company and organization officials to show what job function, and seniority, a person has within an organisation. [1] The most senior roles, marked by signing authority, are often referred to as "C-level", "C-suite" or "CxO" positions because many of them start with the word "chief". [2]
Leonard Abramson, founder and former chief executive officer of U.S. Healthcare [9] Angela Braly, president and chief executive officer of WellPoint from 2007 to 2012 [10] Phil Bredesen, founder and former chief executive officer of HealthAmerica Corporation, [11] as well as the founder and first chairman of Coventry Health Care [12]
Executive managers hold executive powers delegated to them with and by authority of a board of directors and/or the shareholders.Generally, higher levels of responsibility exist, such as a board of directors and those who own the company (shareholders), but they focus on managing the senior or executive management instead of on the day-to-day activities of the business.
In 2021, the chief executive officers of the seven largest publicly traded health insurance companies in the U.S. were paid a total of $283 million. [ 1 ] List of chief executive officers
The COVID-19 pandemic made the job of leading health care organizations more challenging, the board reported. ... For health system executives, the rise was even higher, with the highest at 6.5%.
Subordinate executives are given different titles in different organizations, but one common category of subordinate executive, if the CEO is also the president, is the vice president (VP). An organization may have more than one vice president, each tasked with a different area of responsibility (e.g., VP of finance, VP of human resources).
The top or senior layer of management is a small group which consists of the board of directors (including non-executive directors, executive directors and independent directors), president, vice-president, CEOs and other members of the C-level executives. Different organizations have various members in their C-suite, which may include a chief ...
There are considerable variations in the composition and responsibilities of corporate titles. Within the corporate office or corporate center of a corporation, some corporations have a chairman and chief executive officer (CEO) as the top-ranking executive, while the number two is the president and chief operating officer (COO); other corporations have a president and CEO but no official deputy.