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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.