What is CEO?
CEO is the acronym for Chief Executive Officer. CEO is the person with the highest authority in the operational hierarchy of an organization. He is responsible for the strategies and vision of the company.
It’s not every business that has a CEO. Overall, they all have a CEO, but the CEO role is most often used in large multinational companies, where a person is needed with the ability and competence to be at the helm of the organization as a whole.
Depending on the company, the CEO may also be the Chairman of the Board. In this case, a person is appointed to the role of Chief Operating Officer (COO).
Usually the CEO is named according to his recognition in the market of the company’s performance. A world-famous CEO was Steve Jobs, responsible for launching the innovative products of the Apple company. In the case of the famous Google company, Larry Page assumes the role of CEO, being responsible for the technology strategy and development of new products of the company.
The term CEO is a foreigner increasingly used in business communications. It was introduced with globalization and with the need of one responsible for the strategies and vision of the big companies in the international market.
There are several English acronyms to designate the directors of the different sectors of a company. They are called “CxO” ( Chief and Officer C), where x is the job title, for example, ” Chief Financial Officer ” (CFO) and ” Chief Operating Officer ” (COO).
The acronym CEO may also indicate a Center of Dental Specialties or Center for Ornithological Studies.