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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.
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 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] Many positions at this level report to a president or chief executive officer, or to a company's board of directors. [3]
In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of ...
An executive officer is a person who is principally responsible for leading all or part of an organization, although the exact nature of the role varies depending on the organization. In many militaries and police forces, an executive officer, or " XO ", is the second-in-command, reporting to the commanding officer .
Executive director is commonly the title of the chief executive officer (CEO) of a non-profit organization, government agency or international organization.. The title is widely used in North American and European not-for-profit organizations, though in the United States many have adopted the title 'president' or CEO.
The role of the chair in a private equity-backed board differs from the role in non-profit or publicly listed organizations in several ways, including the pay, role and what makes an effective private-equity chair. [41] Companies with both an executive chair and a CEO include Ford, [42] HSBC, [43] Alphabet Inc., [44] and HP. [45]
The CEO plays a key role in enabling the team to do so. He or she must take on the responsibility to coach the team and to reflect on their work. In their research in 2005, Simsek and colleagues [4] found that especially a CEO's collectivistic orientation has a positive influence on team work behavior. Collectivistic orientation means that the ...