I wondered that when I first heard about his new job. However, in the wake of recent news reports about the resignation letter of a 'VP' it turned out that this is an extreme case of title inflation: about 40% of GS employees have that title! It appears that what normal companies call a VP is an 'Executive VP'.
Posted Mar 30, 2012 20:00 UTC (Fri) by man_ls (subscriber, #15091)
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I understand that customers prefer to be contacted by a VP than by an underling, and thus the inflation. But 40% of VPs is a bit too much... Nowadays unless GC employees present themselves as "Ultimate Grand Chamberlain and Patron Saint", I guess customers spit at them.