Page "Corporate title" Paragraph 77

* President – legally recognized highest " titled " corporate officer, and usually a member of the Board of Directors.

There is much variation ; often the CEO also holds the title of President, while in other organizations if there is a separate CEO, the President is then second highest-ranking position.

In such a case the President is often the COO and is considered to be more focused upon daily operations compared to the CEO which is supposed to be the visionary.

If the corporate President is not the COO ( such as Richard Parsons of Time Warner from 1995 – 2001 ), then many division heads report directly to the CEO themselves, with the President taking on special assignments from the CEO.