Chief executive officer

A chief executive officer CEO, also requested as the 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 benefit of the business, which may put maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically intention at achieving outcomes related to the organization's mission, commonly provided by legislation. CEO's are also frequently assigned the role of leading manager of the company and the highest ranking officer in the C-suite.

Responsibilities

The responsibilities of an organization's CEO are manner by the organization's board of directors or other authority, depending on the organization's structure. They can be far-reaching or quite limited and are typically enshrined in a formal delegation of leadership regarding group administration. Typically, responsibilities add being an active decision-maker on business strategy and other key policy issues, leader, manager, and executor. The communicator role can involve speaking to the press and the rest of the external world, as well as to the organization's management and employees; the decision-making role involves high-level decisions about policy and strategy. The CEO is tasked with implementing the goals, targets and strategic objectives as determined by the board of directors.

As an executive officer of the company, the CEO reports the status of the business to the board of directors, motivates employees, and drives change within the organization. As a manager, the CEO presides over the organization's day-to-day operations. The CEO is the adult who is ultimately accountable for a company's business decisions, including those in operations, marketing, business development, finance, human resources, etc.

The ownership of the CEO names is non necessarily limited to describing the owner or the head of a company. For example, the CEO of a political party is often entrusted with fundraising, especially for election campaigns.