The term CORP. VIP refers to the most important members of a corporate organization. The President (PRES) is the highest-ranking executive in the organization and is responsible for making major decisions. The Chief Executive Officer (CEO) is the head of the organization and is responsible for managing the day-to-day operations. The Chief Financial Officer (CFO) is responsible for managing the financial aspects of the organization. The Director (DIR) is responsible for overseeing the activities of a particular department or division. The Executive (EXEC) is responsible for carrying out the directives of the President, CEO, and CFO.