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LSDefine
Simple English definitions for legal terms
chief executive officer
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A quick definition of chief executive officer:
A CEO is the boss of a big company. They make sure everything runs smoothly and report to a group of important people called the board of directors.
A more thorough explanation:
Definition: A chief executive officer (CEO) is the highest-ranking executive in a company or organization. They are responsible for managing the day-to-day operations of the company and reporting to the board of directors.
For example, the CEO of Apple Inc. is Tim Cook. He is responsible for overseeing the company's operations, making strategic decisions, and ensuring that the company is profitable.
Another example is the CEO of Amazon, Jeff Bezos. He is responsible for managing the company's growth, making key decisions, and ensuring that the company remains competitive in the market.
These examples illustrate how the CEO is the top executive in a company and is responsible for making important decisions that affect the company's success.