24 Jul 2017, 09:53 (Ref:3753913)
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#11
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Race Official
1% Club
Join Date: Dec 2002
Posts: 46,572
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Quote:
Originally Posted by fomoco
in the world of Corporations it is usually to have a hierarchyy.
how ever some organisations run it differently:
In my particular company:
we have the MD at the Top
CEO underneath
State Mangers
etc
some even go down to
Category Managers
etc
I have worked at other places that have the CEO as the power man, and MD's under him/her
IIRC , the Company Secretary is the one who reports to the regulatory authorities>
So an MD leaving is no great drama, just depending on what structure the Board have put in
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In a ~35 person operation, that management structure is probably unique..
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