digplanet beta 1: Athena
Share digplanet:


Applied sciences






















"Chief Executive", "CEO", and "CEOs" redirect here. For other uses, see Chief executive (disambiguation) and CEO (disambiguation)

A chief executive officer (CEO) is generally the most senior corporate officer (executive) or administrator in charge of managing a for-profit or non-profit organization. An individual appointed as a CEO of a corporation, company, organization, or agency typically reports to the board of directors. In British English, terms often used as synonyms for CEO include managing director (MD)[1] and chief executive (CE).[2]


The responsibilities of an organization's CEO or MD are set by the organization's board of directors or other authority, depending on the organization's legal structure. They can be far-reaching or quite limited and are typically enshrined in a formal delegation of authority.

Typically, the CEO/MD has responsibilities as a director, decision maker, leader, manager and executor. The communicator role can involve the press and the rest of the outside world, as well as the organization's management and employees; the decision-making role involves high-level decisions about policy and strategy. As a leader of the company, the CEO/MD advises the board of directors, motivates employees, and drives change within the organization. As a manager, the CEO/MD presides over the organization's day-to-day operations.[3]

An owner of a Business, registered as Sole Proprietorship / Proprietorship can be called a CEO.


According to a study by Carola Frydman of MIT, from 1936 to the early 2000s there has been a rapid increase in the share of MBA graduates acting as CEOs; from approximately 10% of CEOs in 1960 to more than 50% by the end of the century. Earlier in the century, top executives were more likely to have technical degrees in science and engineering or law degrees.[4]

International use[edit]

In some European Union countries, there are two separate boards, one executive board for the day-to-day business and one supervisory board for control purposes (selected by the shareholders). In these countries, the CEO presides over the executive board and the chairman presides over the supervisory board, and these two roles will always be held by different people. This ensures a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority. The aim is to prevent a conflict of interest and too much power being concentrated in the hands of one person.

In the United States, the board of directors (elected by the shareholders) is often equivalent to the supervisory board, while the executive board may often be known as the executive committee (the division/subsidiary heads and C-level officers that report directly to the CEO).

In the United States, and in business, the executive officers are usually the top officers of a corporation, the chief executive officer (CEO) being the best-known type. The definition varies; for instance, the California Corporate Disclosure Act defines "Executive Officers" as the five most highly compensated officers not also sitting on the board of directors. In the case of a sole proprietorship, an executive officer is the sole proprietor. In the case of a partnership, an executive officer is a managing partner, senior partner, or administrative partner. In the case of a limited liability company, executive officer is any member, manager or officer.

Related positions[edit]

Main article: Corporate title

In the US the term "chief" is a for-profit title used exclusively in business,[citation needed] the term "executive director" replaces "chief" in the not-for-profit sector. These terms are mutually exclusive and have legal duties and responsibilities attached to them which are incompatible. Implicit in the use of these titles is that the public not be misled and the general standard regarding their use be consistently applied.

In the UK "Chief Executive" and, much more rarely "Chief Executive Officer", are used in both business and the charitable sector (not-for-profit sector).[5] As of 2013 the use of the term [director] is deprecated for senior charity staff, to avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are normally non-executive (unpaid) roles.

Typically, a CEO has several subordinate executives, each of whom has specific functional responsibilities.[6]

Common associates include a chief administrative officer (CAO), chief brand officer (CBO), chief business development officer (CBDO), chief financial officer (CFO), chief operating officer (COO), chief sales officer (CSO), chief marketing officer (CMO), chief information officer (CIO), chief communications officer (CCO), chief legal officer (CLO), chief technology officer (CTO), chief risk officer (CRO), chief creative officer (CCO), chief compliance officer (CCO), chief audit executive (CAE), chief diversity officer (CDO), or chief human resources officer (CHRO), chief commercial officer (CCO), chief content officer (CCO), chief information security officer (CISO), chief accounting officer (CAO), chief analytics officer (CAO), and chief strategy officer (CSO).[citation needed]

Hospitals and healthcare organizations also often include a Chief Medical Officer (CMO), a chief nursing officer (CNO), and a chief medical informatics officer (CMIO).[citation needed]

In the United Kingdom, the term "director" is used instead of "chief officer". Senior positions may include the audit executive, business development director, chief executive, compliance director, creative director, director of communications, diversity director, financial director, human resources director, information technology director, legal affairs director, managing director (MD), marketing director, operations director and technical director.[citation needed]

See also[edit]


  1. ^ Professional English in Use – Finance, Ian MacKenzie, Cambridge University Press, 2006, p.16
  2. ^ "Chief Executive Definition from Financial Times Lexicon". Lexicon.ft.com. Retrieved 2012-11-28. 
  3. ^ Capstone Publishing (2003). The Capstone Encyclopaedia of Business. Oxford, U.K: Capstone Publishing. pp. 79–80. ISBN 1-84112-053-7. 
  4. ^ Bertrand, Marianne (2012), "CEOs", Annual Review of Economics (Annual Reviews): 121–150, doi:10.1146/annurev.economics.050708.143301 
  5. ^ "Association of Chief Executives of Voluntary Organisations". Acevo.org.uk. 2012-11-16. Retrieved 2012-11-28. 
  6. ^ Markus Menz (2011-10-04). "Menz, M. 2012. Functional Top Management Team Members: A Review, Synthesis, and Research Agenda. Journal of Management, 38(1): 45-80". Jom.sagepub.com. Retrieved 2012-11-28. 

External links[edit]

Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Chief_executive_officer — Please support Wikipedia.
This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia.
1000000 videos foundNext > 

Role of the CEO Chief Executive Officer

Jim Crocker, CEO of Boardroom Metrics describes the 5 key roles of the Chief Executive Officer.

Founder and Chief Executive Officer of Amazon.com Jeff Bezos

Jeff Bezos is the founder and Chief Executive Officer of Amazon.com, one of the pillars of Internet e-commerce. Bezos graduated from Princeton University in ...

Mohammed Dewji - Group Chief Executive Officer of Mohammed Enterprises Tanzania

CNBC Africa's Gugu Mfuphi chats to Mohammed Dewji, Group Chief Executive Officer of Mohammed Enterprises Tanzania. In November 2013, Forbes Africa magazine n...

Interview with Kevin Lewis, Chief Executive Officer of MCHO

Roger Longman, Chief Executive Officer, Real Endpoints LLC

Roger Longman Chief Executive Officer, Real Endpoints Roger Longman has spent nearly thirty years in the healthcare industry, most recently as Managing Direc...

Christopher Bailey to be appointed Chief Creative and Chief Executive Officer, Burberry

Burberry Chairman Sir John Peace discusses with Angela Ahrendts and Christopher Bailey the news that Angela will step down as Chief Executive Officer by mid-...

Daryl Brewster, Chief Executive Officer, CECP, discusses Purposeful Corporate Engagement

COMMIT!Forum 2013: Video4Good Interviews Daryl Brewster, Chief Executive Officer, CECP, regarding Purposeful Corporate Engagement www.commitforum.com.

Will Price - Chief Executive Officer, Widgetbox

Distinguished Innovator Lecture Series Will Price - Chief Executive Officer, Widgetbox http://cet.berkeley.edu/

Fireside Chat With Jean-Jacques Bienaimé, Chief Executive Officer, BioMarin

From the 15th Annual BIO CEO & Investor Conference at the Waldorf Astoria Hotel in New York on February 12th, 2013 Jean-Jacques Bienaimé Chief Executive Offi...

Jean-Jacques Bienaimé, Chief Executive Officer, BioMarin Pharmaceutical Inc.

Jean-Jacques Bienaimé Chief Executive Officer, BioMarin Mr. Bienaimé joined BioMarin in May 2005 as chief executive officer and member of the board of direct...

1000000 videos foundNext > 

200484 news items

Canada NewsWire (press release)
Tue, 29 Jul 2014 16:03:45 -0700

LANGLEY, BC, July 29, 2014 /CNW/ - Hardwoods Distribution Inc. (the "Company") today announced that Lance Blanco, the President, Chief Executive Officer and a director of the Company, recently suffered a cycling accident. The full extent of Mr. Blanco ...
Marketwired (press release)
Tue, 29 Jul 2014 08:56:15 -0700

She succeeds J.P. Fingado, who served as interim President and Chief Executive Officer. Fingado, an Operating Partner with Francisco Partners, was recently elected to the Quantros Board of Directors and will work closely with Callanan and the company's ...
Tue, 29 Jul 2014 08:33:45 -0700

YourMembership.com Inc.'s board of directors today announced the appointments of JP Guilbault to company President and Chief Executive Officer and William Stover to Vice Chairman of the Board. Guilbault previously served as President and Chief ...


Mon, 28 Jul 2014 06:41:15 -0700

ATLANTA, GA - InTown Suites, a leader in extended-stay living, today announced that Jonathan Pertchik, a seasoned real estate executive, has been named Chief Executive Officer of the company. Most recently Mr. Pertchik was Chief Executive Officer and ...
Wall Street Journal
Tue, 29 Jul 2014 07:26:15 -0700

KORTENHOEF, The Netherlands / ACCESSWIRE / July 29, 2014 / Readen Holding Corp.(OTC Pink: RHCO) (PINKSHEETS: RHCO) today announced that its Board of Directors has appointed John Leenders as Chief Executive Officer and chairman of the ...
PR Newswire (press release)
Tue, 29 Jul 2014 05:22:30 -0700

The Board is pleased to announce that Mr. Sune Mathiesen, currently Chief Executive Officer of Provital Solutions A/S ("Provital"), has been appointed Chief Executive Officer and a Director of LiqTech. Mr. Mathiesen will assume these positions on July ...
Financial News
Mon, 28 Jul 2014 02:11:15 -0700

The winners of this year's Awards for Excellence in Institutional Asset Management will be announced at the prestigious gala dinner on October 7, 2014 at London's Victoria & Albert Museum. Here is the shortlist for Chief Executive Officer of the Year ...
Mon, 28 Jul 2014 05:22:30 -0700

... leading purchaser of structured settlement payments, annuity payments, lottery payments and other receivables through the J.G. Wentworth and Peachtree brands, today announced Stewart A. Stockdale has been named Chief Executive Officer and Director ...

Oops, we seem to be having trouble contacting Twitter

Talk About Chief executive officer

You can talk about Chief executive officer with people all over the world in our discussions.

Support Wikipedia

A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia. Please add your support for Wikipedia!