They may or may not carry the title of chief (department) officer, but they carry the responsibilities of that office. “Having a chief growth officer provides a way that someone can look over the walls and see how all the pieces fit together.”. For Terry, who had spent the better part of his 23 years with the insurer driving diversity and inclusion through its African American employee resource group, his appointment meant formalizing the organization’s efforts, facilitating company-wide conversations about race and creating a D&I governance council. “Working things through together, you get much better solutions.”. But as reactive as the appointment—and that of this year’s other C-suite recruits—may have been, it’s not likely to result in a transient tenure. Chief growth officers were hired at a rate of 46% in 2020—second only to CDOs—after several years of steadily gaining steam, with such appointments increasing 42% from 2015 to 2019. If the state of the C-suite is a reflection of the state of the world, it should come as no surprise that chief medical officer appointments increased in 2020. Necessary cookies are absolutely essential for the website to function properly. In a previous Forbes life, I was the editor of Careers and an associate editor on the mobile team, reimagining journalism for an audience that reads everything on a five-inch screen. analysis of nearly 100,000 U.S. C-suite appointments. “Normal crew movement, which before wouldn’t necessarily have to have medical or public health involvement, now does because it involves ensuring the crew coming on board isn’t coming on with the virus. sumer behaviors and tastes have changed amid Covid-19, having all of these areas under one umbrella has paid dividends, chief among them partnerships with food delivery services DoorDash and goPuff, and the acquisitions of Kind and Nature’s Bakery. But it wasn’t the only organization to mint a new chief diversity officer this past year. But banking has grown more complex, and the C-suite along with it, forcing many banks and credit unions to conclude that traditional C-level roles no longer cut it. While it certainly isn’t a new position—or at least not in hospitals and healthcare companies, where it’s long been commonplace—and its growth rate wasn’t as high as that of CDOs and CGOs—LinkedIn pegs it at 4%—the coronavirus pandemic has spurred its expansion into new industries. You also have the option to opt-out of these cookies. Chief growth officers were hired at a rate of 46% in 2020—second only to CDOs—after several years of steadily gaining steam, with such appointments increasing 42% from 2015 to 2019. The longest average CMO tenure is in the industrial sector at 4.0 years, and technology industry CMOs have the shortest tenure at … Who’s reaching the C-suite in 2020? One reason CAIO titles exist is so that companies can deeply engrain AI into their business’s operations and customer channels. In fact, she often finds herself collaborating with one of her more traditional counterparts: the CFO. And while some newcomers have been sector-specific—think, Virgin Galactic’s chief space officer, Michael Colglazier, named in July—most mirror the state of business and, more broadly, the world. Gap and eBay were among those organizations to tap their first CGOs, naming Asheesh Saksena and Julie Loeger in November and December. ... Congratulations to the C-Suite Award winners of 2020. A new analysis by LinkedIn’s Economic Graph team shows the fastest-growing “chief” titles of this year. We hope you enjoy reading these Q&A profiles. No, it’s not really me wanting to acquire domains related to c-suite (titles starting with “c”) executives. CAAO — Chief Applications Architect Officer CAO — Chief Analytics Officer CAO — Chief Automation Officer CBO — Chief Behavioral Officer CBO — Chief Brand Officer CCO — Chief Customer Officer CDO — Chief Data Officer “To hear them say, ‘Victor, we want to make you our first chief diversity officer,’ was really a moment that’s hard to describe,” says Terry, then an area vice president. All Rights Reserved, This is a BETA experience. Email me at vvalet@forbes.com. “You can have such a rigid split that it’s hard for everyone to cooperate and work together, to build the kinds of projects that are multi-teamed,” says George Anders, senior editor at large at LinkedIn and author of the study. I write about careers, jobs and the ever-changing workforce. CAO — Chief Administrative Officer — Their job predominantly works with budgeting, administration and anything that’s administrative. Incorporating the count of open jobs ensures that each job title is relevant and ripe with opportunity for job seekers to find and apply for these Best Jobs across the country. Diversity officers aren’t the only chiefs who have been in demand as a result of the events of 2020. “We had already experienced the murder of George Floyd and everything that unfolded Memorial Day weekend, but I didn’t see that coming.”. These cookies do not store any personal information. Gap and eBay were among those organizations to tap their first CGOs, naming Asheesh Saksena and Julie Loeger in November and December. Perhaps he should have: A seat in the C-suite signals a company’s commitment to the area the role represents. CDO appointments increased at a rate of 84% as a proportion of total C-suite hires in 2020 as compared to 2019—more than any other C-level role—with Terry, as well as Sony Music’s Tiffany R. Warren and UPS’ Charlene Thomas, being among those tapped to serve as their companies’ firsts. “A lot of C-level titles are created when companies have a crisis,” Anders says. CDO appointments increased at a rate of 84% as a proportion of total C-suite hires in 2020 as compared to 2019—more than any other C-level role—with Terry, as well as Sony Music’s Tiffany R. Warren and UPS’ Charlene Thomas, being among those tapped to serve as their companies’ firsts. “We had already experienced the murder of George Floyd and everything that unfolded Memorial Day weekend, but I didn’t see that coming.”. During a global public health crisis, this means being in constant communication with his fellow executives. In the interests of adding to the list creative job title around the real or imagined C-suite, here are seven C-titles we’d like to throw into the mix. “I don’t think these were knee-jerk reactions to what we’ve gone through,” says Papandreou. CEO. The travel and hospitality industry has been hard hit by Covid-19, and cruise companies, including Royal Caribbean, were among the first to feel its effect, their common spaces and close quarters ideal settings for outbreaks. “While I have the formal title, and it’s something where I have a high degree of ownership and accountability, the truth of the matter is for any diversity and inclusion initiative to be successful, it has to live in the business, it has to be integrated into everything that we do.”. C-suite executives must prepare for the unexpected. “It’s a much more holistic role,” says Sleight, whose role now brings together marketing, brand content and media, as well as sales and innovation, among other functions. This category only includes cookies that ensures basic functionalities and security features of the website. The median annual salary for CEOs is about $156,000, according to PayScale data as of March 2020. “This group is charged with refining and shaping our enterprise strategy,” Terry says. I am the deputy editor of Leadership and Communities at Forbes, where I cover the ever-changing workforce, entrepreneurs and executives. While Royal Caribbean did have healthcare infrastructure in place, as well as individuals to oversee it on a part-time basis, it didn’t have a dedicated leader, let alone one who had the ear of the CEO. For-Profit … Who’s reaching the C-suite Award winners of 2020 may induce eye rolls because the. Refer to a chief Ecosystem officer — may induce eye rolls because of the touchy-feely factor collaborating... Role upon promoting Cathryn Sleight to the job seeker in mind however, C-suite titles that fall the! Deputy editor of leadership and Communities at Forbes, where I cover the ever-changing workforce, and... 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