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CEO vs. President
https://mail.chicagofanatics.com/viewtopic.php?f=47&t=73556
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Author:  lipidquadcab [ Mon Sep 24, 2012 5:52 pm ]
Post subject:  CEO vs. President

If a company has both of these...what's the difference?

Understand a seperate title for Chairman...but CEO vs. President eludes me.

Author:  Urlacher's missing neck [ Mon Sep 24, 2012 5:53 pm ]
Post subject:  Re: CEO vs. President

CEO is like being the prime minister and President is like being the head of the royal family....actually i have no fucking idea.

Author:  doug - evergreen park [ Mon Sep 24, 2012 5:55 pm ]
Post subject:  Re: CEO vs. President

President runs day to day operations, CEO is the "visionary" and idea man...

Author:  lipidquadcab [ Mon Sep 24, 2012 5:55 pm ]
Post subject:  Re: CEO vs. President

doug - evergreen park wrote:
President runs day to day operations, CEO is the "visionary" and idea man...

Did you google for the answer? :lol:

Author:  doug - evergreen park [ Mon Sep 24, 2012 5:56 pm ]
Post subject:  Re: CEO vs. President

I did your work for you...lazy jerk. :P

Author:  lipidquadcab [ Mon Sep 24, 2012 5:58 pm ]
Post subject:  Re: CEO vs. President

doug - evergreen park wrote:
I did your work for you...lazy jerk. :P

When I searched for it, the first result was one of those "ask random people" sites and that was the most popular answer...

...just curious since I just found out my company now has a seperate President, whereas it was previously one person as CEO/President and Chairman

Author:  Bucky Chris [ Mon Sep 24, 2012 6:15 pm ]
Post subject:  Re: CEO vs. President

Yea, it's totally a crapshoot. Everyone does it differently. At my last company the President was really only in charge of Sales and Marketing. In most cases, the President reports to the CEO if there is one and the CEO is appointed by the board of directors.

Author:  Frank Coztansa [ Mon Sep 24, 2012 6:58 pm ]
Post subject:  Re: CEO vs. President

lipidquadcab wrote:
If a company has both of these...what's the difference?
bigfan wrote:
ask kenny williams?

Author:  Baby McNown [ Mon Sep 24, 2012 7:56 pm ]
Post subject:  Re: CEO vs. President

President actually knows how to do stuff. CEO wants to have a resume so he can run for President ;-)

Author:  doug - evergreen park [ Mon Sep 24, 2012 8:24 pm ]
Post subject:  Re: CEO vs. President

Actually, if your company has both you should just quit now.

Author:  good dolphin [ Tue Sep 25, 2012 9:09 am ]
Post subject:  Re: CEO vs. President

The President hands out huge contracts that put his former team in a hole then spends no money in his current position and tells everyone to wait 5+ years before judging his work.

I don't know what a CEO does.

Author:  Hank Scorpio [ Tue Sep 25, 2012 9:11 am ]
Post subject:  Re: CEO vs. President

good dolphin wrote:
The President hands out huge contracts that put his former team in a hole then spends no money in his current position and tells everyone to wait 5+ years before judging his work.

I don't know what a CEO does.


You magnificent trolling bastard

Author:  Hatchetman [ Tue Sep 25, 2012 9:14 am ]
Post subject:  Re: CEO vs. President

CEO is the dude that owns the company and calls the final shots. President runs the day to day operations.

Of course there are all sorts of variations to this theme.

Author:  rogers park bryan [ Tue Sep 25, 2012 9:14 am ]
Post subject:  Re: CEO vs. President

What about CFO's and CIO's?

Author:  Douchebag [ Tue Sep 25, 2012 9:15 am ]
Post subject:  Re: CEO vs. President

doug - evergreen park wrote:
Actually, if your company has both you should just quit now.

Exactly.

It's just another way to hand out ridiculous compensation packages to management.

Author:  good dolphin [ Tue Sep 25, 2012 9:16 am ]
Post subject:  Re: CEO vs. President

CFO is you head accountant

CIO is either some hot PR whore who the CEO is banging or some internet dude with dirt on the CEO internet searches

Author:  rogers park bryan [ Tue Sep 25, 2012 9:18 am ]
Post subject:  Re: CEO vs. President

good dolphin wrote:
CFO is you head accountant

CIO is either some hot PR whore who the CEO is banging or some internet dude with dirt on the CEO internet searches

Pretty sure my brother is the lattter.

I always give him shit that CIO means absolutely nothing

Author:  rogers park bryan [ Tue Sep 25, 2012 9:19 am ]
Post subject:  Re: CEO vs. President

Douchebag wrote:
doug - evergreen park wrote:
Actually, if your company has both you should just quit now.

Exactly.

It's just another way to hand out ridiculous compensation packages to management.

Not really

My company's CEO is not stationed in Chicago. We have a president who runs this office.


Quitting would be a poor decision

Author:  Douchebag [ Tue Sep 25, 2012 9:21 am ]
Post subject:  Re: CEO vs. President

rogers park bryan wrote:
Douchebag wrote:
doug - evergreen park wrote:
Actually, if your company has both you should just quit now.

Exactly.

It's just another way to hand out ridiculous compensation packages to management.

Not really

My company's CEO is not stationed in Chicago. We have a president who runs this office.


Quitting would be a poor decision

Are you siding with management?!?

SCAB!!!

Author:  rogers park bryan [ Tue Sep 25, 2012 9:22 am ]
Post subject:  Re: CEO vs. President

Im going into my president's office right now to tell him he's no longer needed.



Think he'll leave quietly?

Author:  Colonel Angus [ Tue Sep 25, 2012 7:27 pm ]
Post subject:  Re: CEO vs. President

rogers park bryan wrote:
Im going into my president's office right now to tell him he's no longer needed.



Think he'll leave quietly?

Nothing could possibly go wrong there.

Ronald McDonald wrote:
We would like to wish Rogers P. Bryan the best in his/her future endeavors.

Author:  bigfan [ Tue Sep 25, 2012 7:31 pm ]
Post subject:  Re: CEO vs. President

Frank Coztansa wrote:
lipidquadcab wrote:
If a company has both of these...what's the difference?
bigfan wrote:
ask kenny williams?


President is the guy the shareholders wanted to fire but the CEO likes him.

Author:  The Original Kid Cairo [ Tue Sep 25, 2012 7:32 pm ]
Post subject:  Re: CEO vs. President

rogers park bryan wrote:
good dolphin wrote:
CFO is you head accountant

CIO is either some hot PR whore who the CEO is banging or some internet dude with dirt on the CEO internet searches

Pretty sure my brother is the lattter.

How hot is he?

Author:  Dr. Kenneth Noisewater [ Tue Sep 25, 2012 7:34 pm ]
Post subject:  Re: CEO vs. President

good dolphin wrote:
CFO is you head accountant


That would be the Controller.

Author:  Crystal Lake Hoffy [ Tue Sep 25, 2012 8:44 pm ]
Post subject:  Re: CEO vs. President

Its all just hierarchical bullshit, but here it goes:

The common hierarchy is as follows:

CEO = Ultimately responsible for the quarterly and yearly performance of the company. In enterprise-level organizations, you will find them as driving the decisions for such things as major projects and acquisitions. If the company is public, the board of directors will generally define the role and responsibilities. The CEO may also be the Chairman, which is where a President may come in to play.

COO or President = Commonly a COO or President is assigned when the CEO is also acting as the Chairman of the Board in an enterprise. This person can generally take on CEO responsibilities and may have a significant amount of decisions delegated to them depending on the setup.

CFO = As someone mentioned, the User-Accountant. Responsible for final decisions on budgets for the different buckets / cost centers of a company.

CIO = Usually is ultimately responsible for the technology-related decisions of the company. Could also be called a CTO or a Chief Architect.

Vice President = VPs will report to the COO and / or CEO directly depending on the structure of the company. VPs are generally partitioned to be responsible for a segment of the company, such as the VP of sales.

VPs may also be Senior VPs, which just give them more authority and underlings. Under VPs you have directors, managers, leads and everyone else who does the actual work in a company.

Author:  Dr. Kenneth Noisewater [ Tue Sep 25, 2012 8:52 pm ]
Post subject:  Re: CEO vs. President

A CFO is responsible for all financial statements, tax returns, analysis and reports to the Board of Directors, banking relationships, insurance negotiations, tax planning, budget planning and analysis, new market analysis, business development, typically IT oversight (depending on organization size), product cost analysis, mergers & acquisitions, and general party officer among other things.

Author:  Crystal Lake Hoffy [ Tue Sep 25, 2012 8:54 pm ]
Post subject:  Re: CEO vs. President

Dr. Kenneth Noisewater wrote:
A CFO is responsible for all financial statements, tax returns, analysis and reports to the Board of Directors, banking relationships, insurance negotiations, tax planning, budget planning and analysis, new market analysis, business development, typically IT oversight (depending on organization size), product cost analysis, mergers & acquisitions, and general party officer among other things.


Thank you; though, I've never seen them be business development and IT oversight. I just know they are the ones I fight for on budget and every time I do so, I end up in hives.

Author:  good dolphin [ Wed Sep 26, 2012 9:07 am ]
Post subject:  Re: CEO vs. President

Dr. Kenneth Noisewater wrote:
general party officer .


That's the job I want

Author:  rogers park bryan [ Wed Sep 26, 2012 10:39 am ]
Post subject:  Re: CEO vs. President

Colonel Angus wrote:
rogers park bryan wrote:
Im going into my president's office right now to tell him he's no longer needed.



Think he'll leave quietly?

Nothing could possibly go wrong there.

Ronald McDonald wrote:
We would like to wish Rogers P. Bryan the best in his/her future endeavors.

:roll:

As if Ronald is our president. He's just our mascot, man.

Author:  rogers park bryan [ Wed Sep 26, 2012 10:39 am ]
Post subject:  Re: CEO vs. President

The Original Kid Cairo wrote:
rogers park bryan wrote:
good dolphin wrote:
CFO is you head accountant

CIO is either some hot PR whore who the CEO is banging or some internet dude with dirt on the CEO internet searches

Pretty sure my brother is the lattter.

How hot is he?

Not

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