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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.
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]
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).
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Chairman and MD [102] 2011 Has been with the firm since 1978 2017-11-11 SunTrust Banks: William H. Rogers Jr. Chairman and CEO [103] 2011 Succeeded James M. Wells, III: 2017-11-11 Target Corporation: Brian Cornell: Chairman and CEO [104] 2014 Succeeded Gregg Steinhafel: 2017-11-11 Tata Consultancy Services: Rajesh Gopinathan: CEO and MD [105] 2016
In 2023, CEO and Chairman Hans Vestberg's salary of $24 million was about 168 times more than the median pay of $167,334 (pretty good money for working at Verizon, we'd say).
CEO – Philip Caldwell [3] [4] [5] March 13, 1980 February 1, 1985 Chairman 5 Donald Petersen [5] [6] February 1, 1985 March 1, 1990 CEO and Chairman 6 Harold Arthur Poling [6] March 1, 1990 1993 CEO and Chairman 7 Alexander Trotman: November 1993 December 31, 1998 CEO and Chairman 8 Jacques Nasser [7] January 1, 1999 2001 CEO – William Clay ...
Disney's bumpy ride under Bob Iger and Bob Chapek shows the downsides of moving a veteran CEO into the chairman's position. Promoting your ex-CEO to executive chairman is a recipe for trouble.