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[[File:lighterstill.jpg]][[File:Ceo_times3.jpg|right|frame]]
*Date: [http://www.wikipedia.org/wiki/18th_Century 1793]
==Definitions==
*a principal executive: as
:a : the president of a republic
:b : the governor of a [[state]]
===CEO===
*Etymology: chief executive officer
*Date: [http://www.wikipedia.org/wiki/1975 1975]
*the executive with the chief decision-making authority in an organization or business
==Description==
A chief executive officer (CEO) or chief executive is the highest-ranking corporate officer (executive) or administrator in charge of total management of an organization. An individual appointed as CEO of a corporation, company, organization, or agency reports to the board of directors.
==Responsibilities==
The [[responsibility]] of the '''chief executive officer''' is to [[align]] the company, internally and externally, with their [[strategic]] [[vision]]. The core [[duty]] of a CEO is to [[facilitate]] [[business]] outside of the company while guiding employees and other executive officers towards a central [[purpose]]. The size and sector of the company will dictate the secondary [[responsibilities]]. A CEO must have a [[balance]] of internal and external [[initiative]]s to build a sustainable company.
* For corporations, the CEO primarily [[coordinates]] external [[initiative]]s at a high level. As there are many other c-level executives (e.g. [[marketing]], [[information]], [[technical]], [[financial]] etc.), seldom do corporate CEOs have low-level [[functions]].
* For emerging [http://en.wikipedia.org/wiki/Entrepreneurs entrepreneurs], their [[acting]] position as a CEO is much [[different]] than that on the corporate level. As oftentimes other c-level executives are not incorporated in small operations, it is the [[duty]] of the CEO (and sometimes founder) to [[assume]] those positions.
* Mid-sized companies borrow from corporate and entrepreneurial CEO [[responsibilities]]. There will not be all c-level positions available so the CEO must [[compensate]] for gaps either through [[delegating]] or assuming additional [[responsibility]].
In many [[states]], when an [[organization]] incorporates it is [[necessary]] to specify [[individuals]] in the role of President, Treasurer, and Secretary with the proviso that the [[person]] nominated as President cannot also hold the position of Treasurer. But often a [[person]] can be specified as Secretary/Treasurer.
In many non-profits, there is a gross [[confusion]] between the Chair of the Board (sometimes referred to as the President of the Board), the Secretary of the Board (also confused with the Secretary of the corporation), and then a Board often times creates the position of Treasurer.
Boards should not have Presidents or Treasurers, but Boards and Corporations both need Secretaries. (The source of the word is neat - keeper of the secrets.)[http://en.wikipedia.org/wiki/Chief_executive]
[[Category: General Reference]]
