Financial Terms Glossary

CEO - Chief Executive Officer

Formal

Stands for Chief Executive Officer. The person appointed to be in overall charge of the affairs of the business, with ultimate responsibility for its performance and operation.

Informal

Is the head of a business, responsible for everything - all seeing, worthy and wise. Carries the ultimate 'can' if things go wrong, but is the figurehead for accolades when success is achieved. Invariably finishes career by writing a book telling everyone else how it was done.

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