How many vice presidents do big (e.g. Fortune 500) companies typically have?

Non-Running Finance/Jobs

10 years ago 07/12/2013 2:26am EDT

As my username says, I'm not in the business world so I have no concept of this. I know a guy socially who is a vice president at a really big company. Naturally this sounds pretty impressive to me.

I just looked at the "management" section of his company's web site. They have about 30 "senior vice presidents" listed. He is not among them. I'm sure he's not lying about his title--I guess he just isn't "senior."

How impressive is being a vice president, exactly? I know they're a dime a dozen at banks, but what about at a large American-based manufacturing/engineering company?

10 years ago 07/12/2013 3:45am EDT

re: an academic

Everyone in the "financial services" is a vice president. It is a title given to salesman to make them sound important to naïve prospective customers.

In other industries, it may mean more.

10 years ago 07/12/2013 4:20am EDT

re: an academic

Being a vice president is so impressive that academics will research and inquire about your professional whereabouts.

10 years ago 07/12/2013 5:00am EDT

re: facter of mat

facter of mat wrote:
Being a vice president is so impressive that academics will research and inquire about your professional whereabouts.

Do you know what the word whereabouts means?

10 years ago 07/12/2013 7:41am EDT

re: you don't sound very smart

It is somewhat impressive to be a VP at our company, but it really depends on what function area and location. I would estimate that we have around 200 for over 125,000 employees. Pay ranges quite dramatically from ~150K-1mil+. I am a director and probably make more than 40% of the VPs to illustrate the broad range.

10 years ago 07/12/2013 9:02am EDT

re: Fortune 100

I work for a Fortune 500 company - somewhere around Fortune 480 in a midwest city. Our breakdown is as follows:VPs around 20 with salary of $160k - 260K. Bonus and stock is worth 100% of base (i.e. total compentation is $300 to $500k, but the stock is tied-up for years).Senior VP - about 7 with salary of $200k - 350K. Bonus and stock is worth 125% of base.Executive VP - 5 with salary of $400k - 700K. Bonus and stock is worth 200% - 400% of base.

Fortune 100 wrote:
It is somewhat impressive to be a VP at our company, but it really depends on what function area and location. I would estimate that we have around 200 for over 125,000 employees. Pay ranges quite dramatically from ~150K-1mil+. I am a director and probably make more than 40% of the VPs to illustrate the broad range.

10 years ago 07/12/2013 9:24am EDT

re: an academic

At my corporation, a Senior VP is two levels above a VP (with General Manager in between), so you can't necessarily draw your conclusion there.

I'm a Director, one notch down from VP (and don't expect to ever get to VP), and make a little over $300K most years, but could make well over $350K in a good year.

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How many vice presidents do big (e.g. Fortune 500) companies typically have?

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