Chief Executive Officer

Chief Executive Officer (pronunciation: /ˌʃiːf ɪɡˈzɛkjʊtɪv ˈɔːfɪsər/), often abbreviated as CEO, is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate operations and being the public face of the company.

Etymology

The term "Chief Executive Officer" is first attested in the United States in the late 19th century, replacing the older term "President". The term is derived from the combination of the words "chief", "executive", and "officer".

Related Terms

• Board of Directors
• Chief Financial Officer
• Chief Operating Officer
• President
• Executive Director

Roles and Responsibilities

The CEO of a company is responsible for the overall success of an organization and for making top-level managerial decisions. They may ask for input on major decisions, but they are the ultimate authority in making final decisions.

See Also

• Corporate Governance
• Corporate Title
• Executive Compensation

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