Titles given in an organization to show what duties and responsibilities a person has
Corporate titles or business titles are given to corporate officers to show what duties and responsibilities they have in the organization. Such titles are used by publicly and privately held for-profit corporations, cooperatives, non-profit organizations, educational institutions, partnerships, and sole proprietorships that also confer corporate titles. Variations. There are considerable variations in the composition and responsibilities of corporate titles.
https://en.wikipedia.org/wiki/Corporate_title