Some companies have a chairman and CEO, while number two is the President and COO. Other companies have President and CEO but no official duty.

Corporate titles are given some times more for prestige than out of any differentiation in job function. Some companies a position of chief operating officer(COO) will be created solely to facilitate the transition as a means of the future CEO, before the current CEO retired.

Executive vice president is most frequently used to refer to adivisional head, however this position can also be known as vice chairman or even president and CEO, of the division, depending upon corporate's structure.

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