![]() The term "chief executive officer" is attested as early as 1782, when an ordinance of the Congress of the Confederation used the term to refer to governors and other leaders of the executive branches of each of the Thirteen Colonies. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking officer in the C-suite. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. ![]() The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. For other uses, see Chief executive (disambiguation) and CEO (disambiguation).Ī chief executive officer ( CEO) (also known as a central executive officer, or just chief executive (CE), or as managing director (MD) in the UK) is the highest officer charged with the management of an organization – especially an independent legal entity such as a company or nonprofit institution.ĬEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). ![]() "Chief executive" and "CEO" redirect here.
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