Rather, the core of IP assets should fall to a C-level officer who has the buy-in of board directors.

FORBES: Enterprise Management of Intellectual Property

His first senior-level hire was a chief marketing officer, Jerri DeVard.

FORBES: Last Call: Can Nokia Compete With Apple And Android?

In the aftermath of the big trading error, Knight also said it would create a board-level risk committee and a chief risk officer position.

FORBES: Getco Gets NYSE Listing Via Reverse Merger With Knight Capital

Obama has called for the creation of a new Cabinet-level position: a "chief technology officer" who would make sure the federal government imports the best technology tools from the private sector.

NPR: Obama's Technology Outlook

He is the only career officer in the agency's history to rise from entry-level employee to director.

NPR: With Republican Defeat, Rumsfeld Steps Down

Titus, an A-level student, has previously been convicted of threatening behaviour for swearing at a police officer who was trying to break up a fight.

BBC: EDL member jailed for Liverpool Street football brawl

The SEC asked Rakoff to approve relatively light penalties for two low-level executives in exchange for their cooperation in prosecuting the Vitesse CEO and another senior company officer.

FORBES: Judge Rakoff Indicts No-Fault Securities Settlement Syndrome