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In page Vice president:

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As many of these VPs have minimal employees reporting to them, their necessity has been questioned, with for example Inc. magazine arguing to flatten the corporate hierarchy.[1] Similarly, as universities have adopted a corporate structure[2] there is concern over administrative bloat[3] and over-paying VPs.[4] Benjamin Ginsberg, a political scientist and professor, has claimed the proliferation of VPs and other administrators is destroying universities.[5] "Corporate vice president" is an older term that usually denotes a vice president that is named as a corporate officer by the board of directors. Not all vice presidents in a company in the modern business environment are named as an official corporate officer.[citation needed]