In business Vice president

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in business, vice president refers senior management position. vice president reports directly president or ceo of company , member of executive management team. corporations use term may have individuals title of vice president responsible specific business divisions (e.g., vice president legal, vice president sales , marketing, vice president finance, or vice president human resources). when there several vice presidents in company, these individuals differentiated titles denoting higher positions such executive vice president and/or senior vice president remaining management team holding title vice president. title of assistant vice president or associate vice president used in large organizations below vice president , there can convoluted list of other types of vps seen in next section. many of these vps have minimal employees reporting them, necessity has been questioned, example inc magazine arguing flatten corporate hierarchy. similarly, universities have adopted corporate structure there concern on administrative bloat , on paying vps. commentators have claimed proliferation of vps , other administrators destroying universities.


corporate vice president older term denotes vice president named corporate officer board of directors. not vice presidents in company in modern business environment named official corporate officer.


hierarchy of vice presidents

depending on specific organization, following may example of hierarchy of vice presidents:



senior executive vice president (sr. evp)
executive vice president (evp)
senior vice president (svp)
vice president (vp)
additional vice president (avp)
assistant vice president (asst. vp)
joint vice president (jt. vp)
associate vice president


of course, comparison not strictly correct, director legal term, meaning registered relevant country s company registrar (or named in legal documents, countries not having company registration) having managerial control of company, , having legal responsibility operation, whilst vice president not. in either case responsibilities may overall company, region (us, emea, cee...), business unit or function such sales, marketing, etc.


expanded use

in large brokerage firms , investment banks, there several vice presidents in each local branch office, title being marketing approach customers, denoting actual managerial position within company. companies liberally give out job title vice president, perhaps inexpensive way company recognize employees, or perhaps because of delayering when employee can t moved higher in organization still deserves recognition. in these cases, title merely implies in middle or upper management.








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