Chief executive officer

A chief executive officer (CEO),[1] also known as a central executive officer, chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization – especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business,[2] which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking officer in the C-suite.[3]

  1. ^ Lin, Tom C. W. (May 23, 2004). "CEOs and Presidents". UC Davis Law Review. SSRN 2428371.
  2. ^ Lin, Tom C. W. (April 23, 2014). "CEOs and Presidents". SSRN 2428371. {{cite journal}}: Cite journal requires |journal= (help)
  3. ^ Westphal, James D.; Zajac, Edward J. (March 1995). "Who Shall Govern? CEO/Board Power, Demographic Similarity, and New Director Selection". Administrative Science Quarterly. 40 (1): 60–83. doi:10.2307/2393700. JSTOR 2393700.

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