A Corporate Officer is a high ranking person in a given corporation that is assigned a title indicating his position within the corporation. While a corporation may have many positions under its purview, only the persons holding the highest ranking positions are considered “corporate officers” (or executives).
Most corporations include at least the following Officer or Executive positions:
- Chief Executive Officer (CEO)
Other common officer positions are:
- Chief Financial Officer (CFO)
- Chief Operating Officer (COO)
- Chief Information Officer (CIO) and (Fractional CIO)
- Chief Information Security Officer (CISO)
- Chief Knowledge Officer (CKO)
- Vice President
- Managing Director
- Executive Director
Members of the Board of Directors can also be officers, but this is not mandatory nor necessarily so--the titles can be whatever the shareholders want them to be, though these must generally be outlined in the bylaws of the corporation. Further, many times positions can be combined with one person holding more than one title, and with various positions holding different reporting obligations (for example, in some cases, the President may be asked to report to the CEO, while in other organizations, the CEO may be asked to report to the President). Or they can even have multiple people holding the same title (which is often the case with the Vice President title).