Hourly Wage for Vice President of Subsidiary Salary in the United States

The Vice President of Subsidiary defines the vision and develops short and long-term goals and strategy that drive the achievement of maximum financial performance. Leads, plans and directs all aspects of a subsidiary organization's policies, objectives, and initiatives approved by the parent organization. Being a Vice President of Subsidiary develops budgets and allocates funding to support the strategy, and adjusts funding based on major expenditures. Builds and leads a team of executives with required expertise and skills to deliver results on the goals and nurtures a culture that supports the organizations objectives. In addition, Vice President of Subsidiary requires a bachelor's degree. Typically reports to Chief Executive Officer (CEO) of parent company. The Vice President of Subsidiary manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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