WHAT IS A CEO?
A Chief Executive Officer (CEO) is the highest-ranking executive in a company. Broadly speaking, a CEO’s primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, and acting as the main point of communication between the board of directors and corporate operations. In many cases, the CEO serves as the public face of the company.
Roles and Responsibilities
In addition to the overall success of an organization or company, the CEO is responsible for leading the development and execution of long-term strategies, with the goal of increasing shareholder value.
The roles and responsibilities of a CEO vary from one company to another, often depending on the organizational structure and/or size of the company. In smaller companies, the CEO takes on a more “hands-on role”, such as making lower-level business decisions (e.g., hiring of staff). In larger companies, he or she usually only deals with high-level corporate strategy and major company decisions. Other tasks are delegated to managers or departments.
Here is a 2019 study that was done by Zippia regarding the demographics of CEOs in the US.
Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Chief Executive Officers in the United States. These estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found a lot of interesting details.
Check out the infographic to learn what these are!