Who Has The Most Power in a Company

Cheese

Banned
Banned
Joined
Oct 12, 2013
Messages
19,699
Reaction score
2
What is the difference between a Pres and a CEO. Who has more power and calls the shots.

and if can, break it down for me with people from the wire. Was Stinger a CEO and Avon a Pres? was Prop Joe a CEO of CO-OP and the rest board of directors.
 
Typically, in the corporate hierarchy, the CEO is the highest. The president would be second, as he would likely have different authority and a different scope of responsibility. The CEO would report to the board of directors.

In our company, if we have a JV in another country, we'll assign a president to run that JV. He's at the top of the hierarchy for that company (separate legal entity), but ultimately still reports to the CEO and executes the strategy overseen and set by the CEO (and the Board to a certain extent).

In North America, we have a CEO, CFO, CIO, and Chief Legal Counsel, but no president, per se. We have multiple SVP's that assume the role of what a president would be in many other companies. Part of the reason we do this is due to our size and the diversity of our various assets and businesses. It gives the appearance that we're stingy with titles, but with so many officers, it would get confusing if we had so many presidents. It works for us.

This varies drastically by company (public, private, size, industry, geographic footprint, etc.).
 
The owners of course, they can fire the CEO.
 
What is the difference between a Pres and a CEO. Who has more power and calls the shots.

and if can, break it down for me with people from the wire. Was Stinger a CEO and Avon a Pres? was Prop Joe a CEO of CO-OP and the rest board of directors.
Avon was a shareholder. Stinger was as well. Prop Joe was the face. He dealt with all the "stuff"
 
The night janitor. You smear enough shit all over the walls and workers will start dropping like flies. Then we'll see who the CEO invites to his next birthday party.

IT SHOULD'VE BEEN ME HENRY! NOW YOU ALL GET THE BLACK PLAGUE!!!!
 
The cleaning crew. They can make the floor so slippery wet, they can make any head roll inside the company.
 
Wich is more powerful?

s-l300.jpg
 
The one who controls the companies means($$$) or majority of it calls all the shots.
 
*Owners (in private case)
*Majority owners for the public company.

Then in company the chairman of board of directors has lot say.
 
Depends on how the company is structured. In some companies that are not publicly traded, the President and CEO is the same person and answers to no one (they tend to have Boards of Directors less often due to their size). In publicly traded companies or nonprofits, there is typically a Board of Directors that represents the shareholders or the interests of the nonprofit. Typically, a Board can fire the CEO. Sometimes, the CEO is a member of the Board. There really isn't a one-size-fits-all solution.

It especially gets complicated once you start going below the CEO. You can have the Chief Financial Officer, Chief Technology Officer, Chief Information Officer, Chief Information Security Officer, Chief Delivery Officer, Chief Growth Officer, Chief Risk Officer, Chief Talent Officer, and pretty much any other function in there.
 
Back
Top