Executive or Senior Management
Senior or executive managers, also known as “C-level” or “C-suite” positions, are responsible for leading a company by overseeing its financial well-being, setting a vision, and creating a growth strategy for a business. They are also responsible for attracting top talent to fill mid-level and advisory positions.
Executive or senior management can rise from experience within a company or be hired from an outside business or even a competitor. They usually have a long history within a certain industry with expertise in a specialized area of their chosen field.
Job titles might include:
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Chief officers
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President
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Vice president
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Senior Executive
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Executive
Here are examples of jobs at this level:
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Chief technology officer (CTO)
National average salary: $128,535 per year
Primary duties: This senior executive controls the technology requirements in an organization. They oversee and hire IT staff and compose a strategy for all technological platforms. The CTO also coordinates with other management to create the technology needed across the business for internal operations from marketing to product development.
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Chief financial officer (CFO)
National average salary: $131,245 per year
Primary duties: The CFO directs the long-term financial goals of an organization. They execute and oversee the financial strategy of a business through investments, profits and revenues. CFOs are also in charge of ensuring accurate financial reporting of all company funds.
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Chief Marketing Officer (CMO)
National average salary: $125,515 per year
Primary duties: A CMO oversees the marketing operations of an entire company, often across multiple product lines. They are responsible for maintaining a vast knowledge of market research to create goals and initiate marketing campaigns. A CMO conducts analyses to make decisions that impact the marketing budget of the entire business.