A worker contacted his manager and told him
he had just received a nice gift of expensive
silverware from one of their suppliers he work
with and that was bidding to get a contract to
supply more parts to company. Since this
employee was also on the team that made the
selection of who will get the contract to supply
parts, this employee felt that he should not
accept this gift, but wanted to know what his
manager would say.
PEOPLE IN A COMPANY
Every company has hierarchy.
The titles of each person symbolizes a role that
they must take to make the company work
Some people may have more than one title
We will look at one company to view their
hierarchy and show you a few more.
BOARD OF DIRECTORS
Board of Directors are men and women who are
elected by shareholders to do three things:
Appoint and evaluate a CEO (including salary
Protect the shareholders assets (keep the money
Ensure results in the company (the company makes
They do this by working with financial
statements within the company.
The number of members can be any number.
(Activision Blizzard has 11)
“CHAIRMAN” OF THE BOARD
The chairman is the head of the
board of directors.
His/her roles are:
Conduct the meetings with the board
To prepare the agenda for the meetings with the
Being the spokesman for the company
The chairman is voted upon by the members
of the board.
CHIEF EXECUTIVE OFFICER/MANAGING DIRECTOR
Highest ranking executive in a
His responsibilities are:
Develop high level strategies
Make major corporate decisions
Manage overall operations and resources
Communicate actions within the company to the
board and other officers
Robert A. Kotick
CHIEF OPERATING OFFICER (COO)
Responsible for the daily operations of
Many responsibilities for the COO are
dependent on what the CEO wants
The main responsibility for all COO’s are:
Report to CEO about day to day operations
Create more productive ways for the company to make
Develop strategies and rewards for employees
Develop requirements for each employee position
Maintain and monitor staff expectations
Review performance of company
CHIEF FINANCIAL OFFICER (CFO) / FINANCIAL DIRECTOR
Responsible for the financial risks
involved within the company.
They have three major responsibilities:
Prepare and present accurate records
for shareholders, creditors, and analysts
in a timely manner.
Decides how the company will invest their money.
Must identify and report what areas of a company
are most efficient and how the company can
capitalize on this information.
A CFO + COO = CFOO (Chief Financial
CHIEF CUSTOMER OFFICER
Responsible for Customer Satisfaction.
They are in charge of:
Making decisions in:
Report to CEO about issues within customer
CHIEF LEGAL OFFICER
A certified lawyer in charge of
legal issues for the company.
The main roles are:
Make sure future work isn’t unlawful
Make sure present work doesn’t become unlawful
Protect company from lawsuits and apply lawsuits
to companies and people.
Chris B. Walther
CHIEF HUMAN RESOURCE OFFICER
Oversees HR and relations with
Their main responsibilities are:
Finding great talent for the company
Strategies to help the work environment
Produce rules for performance
Produce benefits for employees (salary, medical, etc.)
Compliance to laws with the country / provinces / city/
Report to the CEO
Ann E. Weiser
PRESIDENT OF COMPANY
President of a company is like a COO
Usually given to smaller companies within a
parent company or a company that doesn’t
need many officers
They are usually the chairman of the board in a
company as well in the US
Still reports to the CEO
Second in command over the CEO or President.
Some companies may have multiple vice-presidents
depending on the size of the company
They are to follow what the CEO/President wants
them to do and report back on the work.
The hierarchy of Vice-Presidents are:
1. Executive Vice President (EVP)
2. Group Vice President (GVP)
3. Senior Vice President (SVP)
4. Corporate Vice President (CVP)
5. First Vice President (FVP)
6. Vice President (VP)
7. Assistant Vice President or Associate Vice President (AVP)
In charge of all areas of one section. For
example, in charge of business in China.
They will look at the big picture instead of the
day to day tasks that lower managers do.
They will have managers under them to help
him complete tasks
Will report to Vice-presidents or the CEO
In charge of risk management for the company.
These risks could include
If the risk is too high for any, it is their job to tell
the CEO and other officers about the risks.