executive officers
What does a chief executive do?
The chief executive officer, or just chief executive, is the highest-ranking corporate officer managing an organization. The chief executive typically reports directly to the company's board of directors and is responsible for implementing the organization's strategic plan, including its business, marketing, and financial goals.
Who is a corporate officer?
Corporate officers are elected by the board of directors. Their job is to manage the daily activities of the corporation. Officers can sit on the board of directors. In fact, it is common for the CEO to also be a director.
Who is the leader of the executive group?
In some corporations and organizations, the president is the leader of the company's executive group. In the corporate world, however, the president often refers to someone who is the leader of a segment or critical part of the overall company, rather than the leader of the overall company. In some instances, the president is also the CEO.
What is an executive officer in insurance?
In many insurance policies, executive officer means, in the case of a corporation, any chairman, chief executive officer, chief financial officer, chief operating officer, president, or general counsel. In the case of a sole proprietorship, an executive officer is the sole proprietor.
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