What is Chief Executive Officer (CEO) ?
A ‘Chief Executive Officer’ or CEO is an individual or a group of individuals who manage an organization. Irrespective of the fact that a company is owned either publicly or privately, a CEO is required to look after the company on an administrative level.
A CEO is responsible for maximizing the profitability of an organization and is answerable to the board of directors who are in charge of the company. Other duties of the CEO include maximizing the share value of the company, looking after the market share, etc.
If the organization is not concerned with profit, for example, an NGO, the CEOs are still required to deal with fulfilling the organization’s core beliefs and realizing its targets.