EVP
Abbreviation with 2 meanings
| Stands for | Executive vice president |
|---|---|
| Meanings | 2 |
| Categories | Business & Finance |
EVP has two meanings. It stands for Executive vice president (job title) or Employee value proposition (human resources).
Meanings of EVP at a glance
| # | EVP stands for | Context |
|---|---|---|
| 1 | Executive vice president | Business & Finance › Job Title |
| 2 | Employee value proposition | Business & Finance › Human Resources |
1. Executive vice president
Business & Finance · Job Title Abbreviations
One of the highest ranks below the C-suite, held by executives who lead major divisions or functions and usually report directly to the CEO or president. Some companies combine it with a chief title, as in "EVP and CFO."
Example: The EVP of operations oversees manufacturing, logistics and procurement worldwide.
EVPs are frequently among the "named executive officers" whose pay is disclosed in US proxy statements. The combined-title convention shows both rank and role, so "EVP, General Counsel" tells readers the lawyer sits at the top executive level. Plural EVPs.
2. Employee value proposition
Business & Finance · Human Resources Abbreviations
Package of pay, benefits, career growth, culture, purpose and flexibility that an employer offers in exchange for employees' skills and effort, articulated to attract and retain talent. It underpins employer branding and recruitment marketing.
Example: Our EVP research showed candidates cared more about flexibility than about free lunches.
The concept gained traction after McKinsey's 1997 "War for Talent" research. In job titles, EVP far more often means executive vice president, so context matters.
Related abbreviations
More job title abbreviations
- EA – Executive assistant
- ED – Executive director
- EIR – Entrepreneur in residence
- EM – Engineering manager
- Exec – Executive
- FA – Financial advisor
- GC – General counsel
- GM – General manager
See all 70 job title abbreviations →