executive vice president

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Explanation of "Executive Vice President"

Definition: An executive vice president is a high-ranking manager in a company who has significant responsibilities and decision-making power. This person is usually second in command, just below the president of the company, and helps to manage the business and implement its strategies.

Advanced Usage

In larger organizations, the role of an executive vice president can include overseeing multiple departments, leading projects, and making strategic decisions that affect the company’s direction.

Word Variants

• Vice President: A general term for a person who is second in command.
• Senior Vice President (SVP): A title that may indicate a higher rank than an executive vice president, depending on the company structure.

Different Meanings

• In a non-business context, "executive" can also refer to someone in charge of making decisions or managing an organization, while "vice president" can refer to a person who assists the president in various roles, not just in business.

Synonyms

• Senior Vice President
• Deputy Chief Executive
• Chief Operating Officer (in some contexts)

Related Idioms and Phrasal Verbs

• Climb the corporate ladder: To advance in one's career within a company.

  • Example: "After years of hard work, she finally climbed the corporate ladder to become the executive vice president."

• Step up to the plate: To take on a responsibility or challenge.

  • Example: "When the CEO left, the executive vice president had to step up to the plate and lead the company."

Conclusion

Understanding the term "executive vice president" is essential for anyone interested in the business world.

Academic

Noun

1. a vice president holding executive power