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A chief executive officer (CEO), [1] also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
Chief executive is a term used for a head of government (e.g., presidential, prime ministerial, or gubernatorial powers) given by a constitution or basic law, which allows its holder to perform various functions that may include implementing policy, supervising the executive branch of government, preparing an executive budget for submission to the legislature, appointing and removing executive ...
In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of ...
Many positions at this level report to a president or chief executive officer, or to a company's board of directors. [3] People in senior executive positions of publicly traded companies are often offered stock options so it is in their interest that the company's stock price increases over time, in parallel with being accountable to investors.
In the corporate environment, the head of a company is the Chief Executive Officer (CEO), with the president being second in command. Leading the company's executive group rather than the overall company, the executive president in this instance is responsible for day-to-day operations.
The president shall take care that the laws are faithfully executed and the president has the power to appoint and remove executive officers. The president may make treaties, which need to be ratified by two-thirds of the Senate, and is accorded those foreign-affairs functions not otherwise granted to Congress or shared with the Senate. Thus ...
An executive officer is a person who is principally responsible for leading all or part of an organization, although the exact nature of the role varies depending on the organization. In many militaries and police forces, an executive officer, or "XO", is the second-in-command, reporting to the commanding officer. The XO is typically ...
The Eisenhower Executive Office Building at night. In 1937, the Brownlow Committee, which was a presidentially commissioned panel of political science and public administration experts, recommended sweeping changes to the executive branch of the U.S. federal government, including the creation of the Executive Office of the President.