Executive officers defined. In many insurance policies, executive officer means, in .
Executive officers defined. S. 1. The term executive officer, when used with reference to a registrant, means its president, any vice president of the registrant in charge of a principal business unit, division or function (such as sales, administration or finance), any other officer who performs a policy making function or any other person who performs similar policy making The meaning of EXECUTIVE OFFICER is the officer second in command of a military or naval organization or vessel. Dec 6, 2024 · Key Takeaways: Corporate officers are high-ranking individuals within a corporation that have distinct responsibilities. CEOs act as the company’s public face and make major corporate decisions. means, with respect to any corporation or limited liability company, as applicable, the Chief Executive Officer, the Chief Operating Officer, the Chief Financial Officer, the President, any Executive Vice President, any Senior Vice President, any Vice President, the Secretary or the Treasurer of such corporation, depository institution or limited liability company Sep 17, 2025 · The chief executive officer (CEO) is the highest-ranking executive of a firm. Definition & meaning The term "executive officer" refers to key individuals within a corporation or organization responsible for its management and operations. May 13, 2025 · Key Takeaways A corporate officer is a high-ranking executive responsible for overseeing daily operations and implementing policies set by the board of directors. Determination of most highly compensated executive officers. This Note also Instructions to Item 402 (a) (3). In business, executive officers are usually the top staff members of a corporation, the chief executive officer (CEO) being the best-known type. The definition varies; for instance, the California Corporate Disclosure Act defines "executive officers" as the five most highly compensated officers not also sitting on the board of directors. 3b-7 Definition of “executive officer”. Officers are distinct from Executive officer definition: the officer second in command of a military or naval organization. Romano and Diane Holt Frankle, Kaye Scholer LLP, with PLC Corporate & Securities This Practice Note examines the definition of "oficer" for purposes of Section 16 of the Exchange Act and the definitions of "executive oficer" and "named executive oficer" under Items 401 and 402 of Regulation S-K and the related Securities Act and the Exchange Act disclosure obligations. In many insurance policies, executive officer means, in The term executive officer, when used with reference to a registrant, means its president, any vice president of the registrant in charge of a principal business unit, division or function (such as sales, administration or finance), any other officer who performs a policy making function or any other person who performs similar policy making functions for the registrant. The determination as to which executive officers are most highly compensated shall be made by reference to total compensation for the last completed fiscal year (as required to be disclosed pursuant to paragraph (c) (2) (x) of this Item) reduced by the amount required to be disclosed pursuant to . Officers are usually appointed by a corporation's board of directors according to its internal policies. This includes roles such as the president, vice presidents, trust officers, cashiers, secretaries, and treasurers. There are many corporate officer titles, such as Chief Executive Officer (CEO) and Chief Financial Officer (CFO). Officers can be held legally liable for certain corporate failures, such as tax noncompliance. Executive officers of § 240. History The Eisenhower Executive Office Building at night In 1937, the Brownlow Committee, which was a presidentially commissioned panel of political science and public administration experts, recommended sweeping changes to the executive branch of the U. . Define Executive Officer. Common officer roles include CEO, CFO, COO, secretary, and treasurer, each with defined responsibilities. Tracy A. federal government, including the creation of the Executive Office of the President. May 27, 2025 · Who are the officers of a corporation? Appointed by the board of directors, corporate officers oversee the company’s management activities. See examples of EXECUTIVE OFFICER used in a sentence. z2c q1roc 6pemq wszf s9 7p kplp hkcy a5 ybar