The Chair of the Board
A chair is responsible for leading a company's board of directors. The chair presides over meetings, acts as the board's representative, and along with other board members, the chair helps set an organization's goals and policies. This person is also responsible for approving budgets and selecting and assessing executive officers like the CEO.
Chief Operating/Operations Officer (COO)
While a CEO is responsible for strategy, a chief operations (or operating) officer is responsible for the day-to-day operational management of an organization. A COO oversees the use of resources, and the design, production and delivery of goods or services. Like most other executives, a COO reports to the CEO but can also report directly to the board.
Chief Financial Officer (CFO)
A company's CFO is responsible for the organization's financial affairs. This usually means taking responsibility for financial planning, record keeping and reporting. In very large corporations, these responsibilities may be shared with other executives like the chief accounting officer (CAO) or the chief investment officer (CIO).
While many people aspire to top-level jobs, understanding that executive positions require time and commitment puts all those perks in a new light.