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A vice president or vice-president, also director in British English, is an officer in government or business who is below the president (chief executive officer) in rank. It can also refer to executive vice presidents, signifying that the vice president is on the executive branch of the government, university or company.
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.
Many positions at this level report to a president or chief executive officer, or to a company's board of directors. [3] People in senior executive positions of publicly traded companies are often offered stock options so it is in their interest that the company's stock price increases over time, in parallel with being accountable to investors ...
The heads of executive departments are included in the line of succession to the president, in the event of a vacancy in the presidency, after the vice president, the speaker of the House, and the president pro tempore of the Senate. They are included in order of their respective department's formation, with the exception of the Secretary of ...
The vice president of the United States (VPOTUS) is the second-highest ranking office in the executive branch [8] [9] of the U.S. federal government, after the president of the United States, and ranks first in the presidential line of succession. The vice president is also an officer in the legislative branch, as the president of the Senate.
The head of the Executive Branch is the President. The Constitution states that the President and Vice President are to be elected at the same time, for the same term, and by the same constituency. It is believed the framers wanted to preserve the independence of the executive branch should the Vice President assume the Presidency. [6]
By Executive Order 6581, the president created the Export-Import Bank of the United States. On March 7, 1934, he established the National Recovery Review Board (Executive Order 6632). On June 29, the president issued Executive Order 6763 "under the authority vested in me by the Constitution", thereby creating the National Labor Relations Board.
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