chief executive officer (CEO)

chief executive officer (CEO) definition - business

chief executive officer (CEO)

The person responsible to a company's board of directors for carrying out its policies. Essentially, the CEO is the highest-ranking executive managing the firm on a day-to-day basis. See also chairman.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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