In With the New
The Department of Labor routinely eliminates outmoded job titles from its database. Titles such as bonbon dipper and rubber attacher have been bounced recently, making room for new positions like the ones below.
- Chief Risk Officer Risk management isn't just for insurance companies anymore. Risk officers identify and mitigate various risks facing a company, from computer viruses to acts of nature.
- Chief Ethics Officer Brought about in part by the Sarbanes-Oxley Act and increased government scrutiny, this new kind of CEO establishes and enforces codes of ethics and organizes integrity training programs for employees.
- Corporate Development Officer As M&A activity continues to surge, more companies are appointing executives to focus solely on merger and acquisition plans.
- Chief Diversity Officer Diversity is becoming a key part of strategic planning. In addition to overseeing compliance issues, CDOs develop, implement, and manage all aspects of a company's strategy for promoting diversity.
- Chief Blogging Officer Believe it or not, some businesses, including yogurt maker Stonyfield Farms, are hiring senior executives to write company blogs. "Blogging has become a corporate job," says Laura Lorber, an editor at CareerJournal.com.