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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
chief executivethe person who has overall responsibility for the MANAGEMENT of a firm. In a JOINT-STOCK COMPANY the chief executive is usually the full-time managing director, or the full-time executive chairman appointed by the BOARD OF DIRECTORS.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson