Executive Vice President, General Counsel & Chief Administrative Officer Salary
An Executive Vice President, General Counsel & Chief Administrative Officer earns an average salary of $132,000 per year.
Job Description for Executive Vice President, General Counsel & Chief Administrative Officer
An executive vice-president, general counsel, and chief administrative officer is a board-level member of a company's most upper echelon of management. This person is responsible for the day-to-day operations of the organization and is the most hands-on of all board members. He or she likely is second in the company only to the CEO and reports directly to that person. This executive oversees the hiring and promotion decisions for upper management and ensures that the organization's operations are carried out in an efficient manner consistent with the ideals established for that company.Read More...
In most corporations that have a chief administrative officer (CAO), that person has earned other titles which he or she retains even after promotion to that position. In most cases, this executive will have an extensive educational background. Therefore, retaining a general counsel title is common. In this capacity, part of the CAO's duties include insuring that operations are conducted in an upstanding way that conforms with regulations regarding any interactions with the public sector, as well as employment laws, environmental regulations, and the like. This executive will receive reports from upper-level department directors. He or she analyzes them for both efficiency and best practices, but he or she also looks for opportunities to reduce waste and increase productivity while maintaining regulatory adherence.
This is a position usually promoted from within the company. Most persons who are candidates for such a job will have a law degree as well, as an emphasis in business education and management. This position requires extensive practical experience as well, serving as legal representation in a managerial capacity with demonstrated competence. A person working in this job likely has his or her own office and administrative staff and should expect to work long hours during the business week. Frequent travel is also a likely aspect of the position.
Executive Vice President, General Counsel & Chief Administrative Officer Tasks
- Oversee the legal department and compliance with government regulations.
- Develop effective legal strategies and representation to protect the company's interests in legal cases and with regulatory agencies.
- Report compliance and legal issues to management and develop plans for resolving those problems.
- Advise company management on legal issues and provide feedback on company legal strategies and the selection of outside legal counsel.
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