Chief executive officer
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CEO is a redirect to this article. For other meanings, see CEO (disambiguation).
In many Anglophone countries, Chief Executive Officer (CEO) refers to the executive member of the board of directors (cf. managing director) or the chairman of the board of directors or general manager (cf. chairman or president of the board of directors) of a company or, in general, its managing director with sole signatory power. Occasionally, Anglo-Saxon titles such as these are also used in German-speaking countries in the course of the internationalisation of companies, without, however, having any relevance under commercial or company law.
Term
Germany
For persons who manage German companies or work in German companies, CEO is merely an additional designation that is not legally relevant and does not affect the meanings of managing director or chairman of the management board as defined under commercial and corporate law.
Switzerland
The term CEO also has no meaning in Swiss commercial and company law. It is only used to describe the function of a managing director who is also the chairman or president of the executive board.
Austria
In Austrian law, the term CEO also has no further meaning and is merely regarded as an additional designation.
See also
- board of directors
- CEO Disease
- Elite
- Line organization
- Superior
Questions and Answers
Q: What is a Chief Executive Officer (CEO)?
A: A Chief Executive Officer (CEO) is the highest-ranking corporate officer in charge of total management of a corporation, company, organization, or agency.
Q: What are the other job titles a CEO can have?
A: Apart from being called CEO, a Chief Executive Officer can also be referred to as the highest ranking corporate officer, administrator, corporate administrator, executive or executive officer.
Q: What is the primary responsibility of a CEO?
A: The primary responsibility of a CEO is to manage the overall performance of the organization, including setting goals, developing strategies, and making sure that the resources are utilized effectively to attain the desired outcomes.
Q: What is the difference between a CEO and other executives in an organization?
A: The CEO is the highest-ranking corporate officer in the organization and has the final say in decision-making, while other executives in the organization are in charge of a specific part of the organization.
Q: What kind of organizations require a CEO?
A: Any corporation, company, organization or agency that needs top-level executive management will require a CEO.
Q: What are some of the key traits required to be an effective CEO?
A: Some of the key traits required to be an effective CEO include strong leadership qualities, effective communication skills, sound decision-making abilities, strategic thinking, and the ability to create a positive culture in the organization.
Q: Is the CEO responsible for the day-to-day running of the organization?
A: While the CEO is responsible for the overall management and performance of the organization, the day-to-day running is usually handled by the other executives and managers in the organization.
