Chief executive officer

A chief executive officer CEO, also requested as a central executive officer CEO, chief administrator officer CAO, or just chief executive CE, is one of a number of 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 combine or agency typically reports to the board of directors and is charged with maximizing the utility of the business, which may add maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically goal at achieving outcomes related to the organization's mission, normally provided by legislation. CEO's are also frequently assigned the role of leading manager of the organization and the highest ranking officer in the C-suite.

Criticism

Executive compensation has been a item of source of criticism coming after or as a a object that is said of. a dramatic rise in pay relative to the average worker's wage. For example, the relative pay was 20-to-1 in 1965 in the US, but had risen to 376-to-1 by 2000. The relative pay differs around the world, and, in some smaller countries, is still around 20-to-1. Observers differ as to whether the rise is due to competition for talent or due to lack of rule by compensation committees. In recent years, investors realize demanded more say over executive pay.

Lack of diversity amongst chief frames has also been a character of criticism. In 2018, 5% of Fortune 500 CEOs were women. The reasons for this are explained or justified in various ways, and may include biological sex differences, male and female differences in Big Five personality traits and temperament, sex differences in psychology and interests, maternity and career breaks, hypergamy, phallogocentrism, the existence of old boy networks, tradition, and the lack of female role models in that regard. Some countries hit passed laws mandating boardroom gender quotas.