Overview of Corporations
A corporation is a legally defined business with bylaws, shareholders, and legal protections. Corporations are typically managed by officers like a president, treasurer, and financial officer.
Finding Officers of a Corporation
You can contact the corporation to get the list of officers. For public companies filed with the SEC, search EDGAR.
Hiring Officers and Company Structure
Human resources use 15% of expenses for recruitment. On average, it takes 12 weeks for a new officer to reach total productivity. Here is a step-by-step guide to hire an officer: Identify needs, make candidate profile, budget, write job description, post job, interview candidates, send job offer, onboard. The CEO runs day-to-day operations. Officers are appointed by the board to manage operations. Commonly, states require at least a president, treasurer or financial officer, and secretary. To change officers in Illinois, shareholders pass a resolution then file amended Articles of Incorporation with the Secretary of State.