Upper Management

AAA

DEFINITION of 'Upper Management'

Individuals and teams that are responsible for making the primary decisions within a company. Personnel considered to be part of a company's upper management are at the top of the corporate ladder, and carry a degree of responsibility greater than lower level personnel. Upper management are imbued with powers given by the company's shareholders or board of directors. Examples of upper management personnel include CEOs, CFOs and COOs.

INVESTOPEDIA EXPLAINS 'Upper Management'

Shareholders hold a company's upper management responsible for keeping a company profitable and growing. Because upper management personnel are often not seen by most employees, they are considered to be operate in an ivory tower outside of day-to-day operations.

RELATED TERMS
  1. Management By Objectives - MBO

    A management model that aims to improve performance of an organization ...
  2. Chief Executive Officer - CEO

    The highest ranking executive in a company whose main responsibilities ...
  3. Honcho

    Slang term describing the leader, manager, chief or person in ...
  4. Chief Investment Officer - CIO

    The executive position responsible for a company's investment ...
  5. Chief Operating Officer - COO

    The senior manager who is responsible for managing the company's ...
  6. Chief Financial Officer - CFO

    The senior manager responsible for overseeing the financial activities ...
Related Articles
  1. Investing Basics

    The Basics Of Corporate Structure

    CEOs, CFOs, presidents and vice presidents: learn how to tell the difference.
  2. Professionals

    The Path To Becoming A CEO

    Think you have what it takes to be chief executive? Find out what those at the top have in common.
  3. Options & Futures

    A Guide To CEO Compensation

    Make sure you assess whether a CEO has a stake in doing a good job for you, the shareholder.
  4. Investing

    Nasty Shareholder Activist Battles And Why They Happened

    Shareholder activists can have a big impact on a company's operations. These battles turned ugly as management lost control.
  5. Investing

    What Tech Companies Seeking Funding Must Overcome

    Tech companies face a unique set of challenges, including a need for timely responses to changes in technology and difficulty recruiting the right talent.
  6. Economics

    Vietnam -- New Asian Hot Spot For Tech Investment

    Vietnam now has a rapidly expanding tech sector that's attracting investors from around the globe due to low business costs and highly skilled workers.
  7. Stock Analysis

    Will American Airlines Fall Back To Earth In 2015?

    The airline industry enjoys blockbuster profits, and American Airlines Group has been a key beneficiary of the favorable trends that have lifted stocks.
  8. Stock Analysis

    3 Things I Learned From The Container Store's 10K

    Since going public at the end of 2013, The Container Store's shares have fallen by roughly half their value. But not all is not lost.
  9. Stock Analysis

    Qualcomm's New Buyback Program Is Well-Timed

    Qualcomm announced after market close on Monday that they had approved a new stock buyback program, authorizing to repurchase $15 billion in shares.
  10. Professionals

    What is a Corporation?

    A corporation is an organization—usually a large business—with specific characteristics.

You May Also Like

Hot Definitions
  1. Interest Rate Risk

    The risk that an investment's value will change due to a change in the absolute level of interest rates, in the spread between ...
  2. Income Effect

    In the context of economic theory, the income effect is the change in an individual's or economy's income and how that change ...
  3. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
  4. Hurdle Rate

    The minimum rate of return on a project or investment required by a manager or investor. In order to compensate for risk, ...
  5. Market Value

    The price an asset would fetch in the marketplace. Market value is also commonly used to refer to the market capitalization ...
  6. Preference Shares

    Company stock with dividends that are paid to shareholders before common stock dividends are paid out. In the event of a ...
Trading Center