Editing Vice president (section)

===In financial services companies===
In financial companies, a "vice president" is usually a seniority rank that denotes higher responsibility, though such may not be leadership. The title does not denote a leadership position within the company, but often a role relatively junior to the executive board. Financial services companies have multiple vice presidents,<ref name="economist">{{cite news |url=http://www.economist.com/node/16423358 |title=Too many chiefs |work=[[The Economist]] |date=2010-06-24 |accessdate=2024-10-05 |quote=The number of members of LinkedIn, a professional network, with the title vice-president grew 426% faster than the membership of the site as a whole in 2005-09. |archiveurl=https://web.archive.org/web/20190920234223/https://www.economist.com/business/2010/06/24/too-many-chiefs |archivedate=2019-09-20}}</ref> possibly because the title is a form of [[delayering]] when an employee can not be moved higher in the organization but still deserves recognition.<ref>{{cite web|url=http://www.acc.com/legalresources/quickcounsel/lpjtii.cfm|title=The Legal Pitfalls of Job Title Inflation (Part I): Apparent Authority and Employee Misclassification|publisher=Association of Corporate Counsel|year=2013 |archiveurl=https://web.archive.org/web/20140103185921/http://www.acc.com/legalresources/quickcounsel/lpjtii.cfm |archivedate=2014-01-03}}</ref>  In most cases, the title merely implies that someone is in a medium-seniority individual contributor role. Larger financial institutions have thousands of employees with the title "vice president".<ref>{{cite news| url = https://www.wsj.com/articles/SB10001424052702304692804577281252012689294| title = Goldman Plays Damage Control |work=[[The Wall Street Journal]] |first1=Liz |last1=Rappaport |first2=David |last2=Enrich |date=March 14, 2012 |archive-url=https://web.archive.org/web/20150311012855/https://www.wsj.com/articles/SB10001424052702304692804577281252012689294 |archive-date=2015-03-11}} </ref>