Legal Question in Business Law in Michigan

whats the difference between vice president and executive vice president? and can there be more than one?


Asked on 4/12/10, 3:15 pm

1 Answer from Attorneys
Francois Nabwangu Wright Cantrell PLLC

In business, "vice president" refers to a rank in management.

Most companies that use this title generally have large numbers of people with the title of vice president with different categories (e.g. vice president for finance). A vice president in business usually reports directly to the President or CEO of the company.

When there are several vice presidents in a company they are sometimes ranked by naming the highest ranking Executive Vice President which is next to President, the second highest ranking Senior Vice President, and the remainder of the management team just VP.

Call us at your convenience 877 887 9562 with any of your corporate structure questions.

You can have as many "Executive" VPs as you like.

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Answered on 4/17/10, 3:44 pm


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