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The highest-ranking C-suite executive in a company is the chief executive officer, or CEO. Making important business decisions, overseeing the company’s operations and resources, and serving as the public face of the organization are among the chief executive officer’s primary duties. The CEO serves as the board of directors’ primary communication channel. An organization’s chief executive officer has professional responsibility for the company’s overall success. CEO is frequently replaced by titles like MD (Managing Director), President, or Chief Executive in many firms. The Board of Directors receives direct reports from the CEO and holds them responsible for the company’s success.
The following are typical duties of a CEO:
- speaking on the company’s behalf to the public, government agencies, and shareholders.
- guiding the business toward both immediate and long-term objectives
- Developing the goal and vision of the firm
- assessing the work of other firm executives, such as presidents, vice presidents, directors, and COOs (chief operating officers).
- evaluating the company’s risks and making sure they are tracked and reduced
