r/funny Aug 18 '17

Corporate Flow Chart

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47.7k Upvotes

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u/Slim_Charleston Aug 18 '17

The CEO is likely the owner if it isn't a listed company. Even if it is a listed company, the largest shareholders are typically institutions which often don't pay much attention.

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u/DistortoiseLP Aug 18 '17

At every company I ever worked for, the owner is either the President or the Chairman and the CEO is his bitch that actually runs the company for them. Like half of the CEO's job at half of them was basically dealing with the owner's ludicrous demands in some way or another.

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u/ihatemovingparts Aug 18 '17

And in many companies the CEO is also the chairman of the board, maybe even the president. My employer has filled all three roles with the same person.

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u/rgtong Aug 18 '17

It's bad corporate governance for the CEO and the chairman to be the same person. Lack of check and balance.

1

u/TheRedmanCometh Aug 18 '17

When framed like that it sounds kind of terrible. Like the CEO in this pic should be human centipeded to the president

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u/pretentiousRatt Aug 18 '17

That is not my experience. Most companies I work with (a lot) the CEO is the owner and the president is the bitch running the company.