Corporate title Publicly and privately held for-profit corporations confer corporate titles or business titles on company officials as a means of identifying their function and responsibility in the organization. In addition, many non-profit organizations, educational institutions, partnerships, and sole proprietorships also confer corporate titles. The highest-level executives are usually called "C-level" or part of the "C-suite", referring to the 3-letter initials starting with "C" and ending with "O" (for "Chief ... Officer"); the traditional three such officers are Chief Executive Officer (CEO), Chief Operations Officer (COO), and Chief Financial Officer (CFO). Depending on the management structure, C-titles may exist instead of or blended/overlapped with other traditional executive titles such as President, various designations of Vice Presidents (e.g. VP of Marketing), and Directors of various matters (e.g. Director of Marketing) - the latter not to be confused with members of the Board of Directors. Certain other prominent C-level positions have emerged, some of which are sector-specific. For example, Chief investment officer and Chief risk officer positions are often found in many kinds of financial services companies. Technology companies of all sorts now tend to have a Chief Technology Officer (CTO) to manage technology development. A Chief Information Officer (CIO) oversees Information Technology (IT) matters either in companies that specialize in IT or in any kind of company that relies on it for supporting infrastructure. Many companies now also have a Chief Marketing Officer, particularly in mature companies in competitive sectors - for which brand management is a high priority. In creative/design industries, there is sometimes a Chief Creative Officer (CCO), responsible for keeping the overall look and feel of different products, otherwise headed by different teams, constant throughout a brand. A Chief administrative officer may be found in many large complex organizations having various departments or divisions to be coordinated. Additionally, a many companies now term their top diversity leadership position as Chief Diversity Officer (CDO). However, this and many other nontraditional and/or lower-ranking C-level titles (included below) are not universally recognized as Corporate Officers - and tend to be specific to particular organizational cultures or preferences as employees.
Posted on: Fri, 12 Jul 2013 04:03:04 +0000
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