C-level positions are top-ranking executive positions granted to individuals within an organization. The C-level positions list comprises the following titles:
● Chief Operating Officers
● Chief Technical Officers
● Chief Financial Officers
● Chief Administrative Officers
● Chief Human Resource Officers
● Chief Marketing Officers
● Chief Security Officers
● Chief Information Officers
● Chief Customer Officers
● Chief Business Officers
● Chief Knowledge Officers
● Chief Legal Officers
● Chief Revenue Officers
● Chief Procurement Officers
● Chief Experience Officers
C-level executives work in unison to manage their respective departments and achieve a common organizational goal.
Types of C-level Positions
Since they are usually required to fulfill a leadership role, professionals with C suite titles are proficient in several management techniques instead of industry-specific skills. Here is a list of C-level positions in the industry.
Chief Executive Officer (CEO)
- The US comprises a total of 35,806 CEOs with 73.2% of the positions held by men.
- Make decisions to improve the growth of the organization.
- Define organizational goals and make strategic decisions for the company.
Chief Operating Officer (COO)
- Devise workable business strategies.
- Ensure day-to-day operations progress without hiccups.
- COOs employed across the US have an average age of 52 years.
Chief Financial Officer (CF0)
- Ensure all financial controls are in place to optimize company resources.
- Oversee and track accounting, insurance tax, and credits.
- 72% of CFOs have a bachelor’s degree while 20% possess master’s degrees.
Chief Experience Officer (CXO)
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- Manage and improve customer experience.
- Responsibilities revolve around predictions and analysis.
- Over 90% of organizations have a dedicated CXO to facilitate customer experience campaigns.
Chief Marketing Officer (CMO)
- Plan, develop and monitor marketing strategies.
- Undertake extensive market research to identify opportunities.
- On an average, CMOs have an employment tenure of 40 months.
- Presently, there are 68,763 CMOs throughout the United States.
Chief Human Resource Officer (CHRO)
- Fortune 200 companies saw the addition of 27 CHROs in recent years.
- Manage the organization’s human capital.
- Craft strategies for employee growth.
Chief Legal Officer (CLO)
- Advisory on compliances for the top brass of an organization.
- Manage internal and external legal resources.
- Of all CLOs in the US, 40% track risks and 26% oversee government interactions.
- The rest are involved with supervising human resources.
Chief Security Officer (CSO)
- Develop and implement uniform security policies.
- Responsible for securing organizational assets from external threats.
- The US has 43,167 CSOs, with the most attractive pay packages in the insurance sector.
Summing Up
C- level executives are the core decision-makers for any business. They do not need to consult other members to make the final decision regarding the adoption of a product or service. Given the importance of their decisions, it can be established that C-level positions can only be held by individuals with sufficient business experience.