Chief Executive Officer

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Chief Executive Officer (CEO)

A title held often by the Chairperson of the Board, or the president. The person principally responsible for the activities of a company.

Chief Executive Officer

In a corporation, the highest ranking officer in the company. In smaller companies, the chief executive officer may be combined with the president (the second-highest officer). The CEO has the responsibility of setting the overarching goals of the company and ensuring that they are met. He/she often serves as a point person between the company's management and the board of directors. The CEO is usually a member of the board of directors himself/herself. Generally speaking, the smaller a firm is, the more day-to-day management responsibilities the CEO has.

chief executive officer (CEO)

The person responsible to a company's board of directors for carrying out its policies. Essentially, the CEO is the highest-ranking executive managing the firm on a day-to-day basis. Also called chief operating officer. See also chairman.