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chief executive officer (ceo)

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Financial Dictionary

chief executive officer (CEO)

The person responsible to a company's board of directors for carrying out its policies. Essentially, the CEO is the highest-ranking executive managing the firm on a day-to-day basis. Also called chief operating officer. See also chairman.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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