Chief Executive Officer .

• Chief Executive Officer

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Chief executive officer

1 A chief executive officer (CEO) is the highest-ranking corporate officer

(executive) or administrator in charge of total management of an organization. An

individual appointed as a CEO of a corporation, company, organization, or agency typically reports to the board of directors. In British English, terms often

used as synonyms for CEO include managing director (MD) and chief executive

(CE).https://store.theartofservice.com/the-chief-executive-officer-toolkit.html

Chief executive officer Responsibilities

1 The responsibilities of an organization's CEO or MD are set by the organization's board of directors or other authority, depending on the organization's legal structure. They can be far-reaching or quite limited

and are typically enshrined in a formal delegation of authority.


Chief executive officer Responsibilities

1 Typically, the CEO/MD has responsibilities as a director, decision

maker, leader, manager and executor


Chief executive officer Characteristics

1 According to a study by Carola Frydman of MIT, from 1936 to the early 2000s

there has been a rapid increase in the share of MBA graduates acting as CEOs; from approximately 10% of CEOs in 1960

to more than 50% by the end of the century. Earlier in the century, top

executives were more likely to have obtained technical degrees in science

and engineering or law degrees.


Chief executive officer International use

1 In some European Union countries, there are two separate boards, one executive board for the day-to-day

business and one supervisory board for control purposes (selected by the

shareholders)



1 In the United States, the board of directors (elected by the

shareholders) is often equivalent to the supervisory board, while the

executive board may often be known as the executive committee (the

division/subsidiary heads and C-level officers that report directly to the

CEO).



1 In the United States, and in business, the executive officers are usually the

top officers of a corporation, the chief executive officer (CEO) being

the best-known type


Chief executive officer Related positions

1 In the US the term "chief" is a for-profit title used exclusively in business, the term "executive director" replaces "chief" in the

not-for-profit sector. These terms are mutually exclusive and have legal duties

and responsibilities attached to them which are incompatible. Implicit in the use

of these titles is that the public not be misled and the general standard regarding

their use be consistently applied.



1 In the UK "Chief Executive" and, much more rarely "Chief Executive Officer", are used in both business and the charitable sector (not-for-profit sector). As of 2013

the use of the term [director] is deprecated for senior charity staff, to

avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are

normally non-executive (unpaid) roles.



1 Typically, a CEO has several subordinate executives, each of

whom has specific functional responsibilities.



1 Common associates include a chief business development officer (CBDO), chief financial officer (CFO), chief operating officer (COO),

chief marketing officer (CMO), chief information officer (CIO), chief communications

officer (CCO), chief legal officer (CLO), chief technology officer (CTO), chief risk officer (CRO), chief creative officer (CCO), chief

compliance officer (CCO), chief audit executive (CAE), chief diversity officer (CDO), or chief

human resources officer (CHRO).



1 Hospitals and healthcare organizations also often include a

Chief Medical Officer (CMO), a chief nursing officer (CNO), and a chief

medical informatics officer (CMIO).



1 In the United Kingdom the term "director" is used instead of "chief officer". Senior

positions may include the audit executive, business development director, chief

executive, compliance director, creative director, director of communications,

diversity director, financial director, human resources director, information technology director, legal affairs director, managing

director (MD), marketing director, operations director and technical director.


Corporate governance Separation of Chief Executive Officer and Chairman of the Board roles

1 Shareholders elect a board of directors, who in turn hire a Chief Executive Officer (CEO) to lead

management. The primary responsibility of the board relates to

the selection and retention of the CEO. However, in many U.S.

corporations the CEO and Chairman of the Board roles are held by the

same person. This creates an inherent conflict of interest between

management and the board.



1 Critics of combined roles argue the two roles should be separated to

avoid the conflict of interest. Advocates argue that empirical

studies do not indicate that separation of the roles improves

stock market performance and that it should be up to shareholders to

determine what corporate governance model is appropriate for

the firm.https://store.theartofservice.com/the-chief-executive-officer-toolkit.html


1 In 2004, 73.4% of U.S


Steve Ballmer - Chief Executive Officer

1 In January 2000, Ballmer was officially named Chief

Executive Officer



1 When Ballmer took over as CEO, the company was fighting an antitrust lawsuit brought on

by the U.S



1 Upon becoming CEO, Ballmer required detailed business justification in order to

approve of new products, rather than allowing hundreds of products that sounded potentially interesting or trendy. In 2005, he

recruited B. Kevin Turner from Wal-Mart Stores, where he was executive vice

president, to become Microsoft's chief operating officer to add scorecards for

measuring customer satisfaction and other key sales metrics.



1 Since Bill Gates' retirement, Ballmer oversaw a dramatic shift away from the

company's PC-first heritage, replacing most major division heads in order to break down

the talent-hoarding fiefdoms, and Businessweek said that the company

arguably now has the best product lineup in its history. Ballmer has been instrumental in

driving Microsoft's cloud computing strategy, with acquisitions such as Skype.



1 Under Ballmer's tenure as CEO, Microsoft's annual revenue has

surged from $25 billion to $70 billion, while its net income has increased 215 percent to $23 billion, and its gross profit of 75 cents on every dollar in sales is double that of

Google or International Business Machines Corp



1 However, Ballmer has attracted criticism for failing to capitalize on

several new consumer technologies, several of which Microsoft originally

invented but Apple Inc



1 In 2009, and for the first time since Bill Gates resigned from day-to-day management at Microsoft, Ballmer delivered the opening keynote at Consumer Electronics Show|CES.



1 On June 19, 2012 Ballmer revealed Microsoft's new tablet device called Microsoft Surface (tablet)|Microsoft

Surface at an event held in Hollywood, Los Angeles.



1 On August 23, 2013, Microsoft announced that Steve Ballmer would retire within the next 12 months. A special committee that includes Bill

Gates will decide on the next CEO.Chaudhuri, Saabira (August 23,

2013). . The Wall Street Journal.



1 There has been a list of potential successors to Ballmer as Microsoft

CEO, but all have departed the company: Jim Allchin, Brad

Silverberg, Paul Maritz, Nathan Myhrvold, Greg Maffei, Pete Higgins, Jeff Raikes, J. Allard, Robbie Bach, Bill Veghte, Ray Ozzie, Bob Muglia and

Steven Sinofsky.



1 B. Kevin Turner, Microsoft's Chief Operating Officer (COO), is

considered by some to be a de facto number two to Ballmer, with Turner having a strong grasp of business

and operations but lacking technological vision..

Money.cnn.com. Retrieved on September 4, 2013.



1 Ballmer has also served as director of Accenture Ltd. and a general partner

of Accenture SCA since October 2001.


Yahoo! - Chief Executive Officers

1 * Scott Thompson (businessman)|Scott

Thompson (2012)


Medical Research Council (United Kingdom) - Chief Executive Officers

1 As Chief Executive Officers (originally

secretaries) served:


Orange (telecommunications) - Chief Executive Officers

1 The company is headed either by the Chairman of the Board of Directors,

whose title in that case is the Chairman and Chief Executive Officer, or by another person

appointed by the Board of Directors and given the title of Chief Executive

Officer.


Norsk Hydro - Chief Executive Officers

1 * 1941ndash;1956 Bjarne Eriksen (businessperson)|

Bjarne Eriksen


Mitre Corporation - Chief executive officers

1 * 1986–1990: Charles A. Zraket[http://purl.umn.edu/107728

Oral history interview with Charles A. Zraket], Charles Babbage Institute,

University of Minnesota


Richard Fuld - Chief Executive Officer

1 Having served as CEO from 1994 through the firm's collapse in 2008,

Fuld was the longest-tenured CEO on Wall Street at the time of the

financial crisis of 2008



1 Fuld had a succession of number twos under him, usually titled as

President and Chief Operating Officer



1 In 2006, Institutional Investor (magazine)|Institutional Investor

magazine named Fuld America's top chief executive in the private sector. That same year in December, Fuld told The Wall Street Journal, as long as I am alive this firm will never be

sold. In March 2008, Fuld appeared in Barron's (newspaper)|Barron's list of the 30 best CEOs and was dubbed

Mr. Wall Street.https://store.theartofservice.com/the-chief-executive-officer-toolkit.html


1 Overall, Fuld received nearly half a billion dollars in total compensation from 1993 to

2007


List of chief executive officers

1 The following is a 'list of chief executive officers' (CEOs) of notable

companies. The list also includes lead executives with a position

corresponding to CEO (Managing Director), and any concurrent

positions held (Chairman, President, etc.).



1 | East Carolina University



1 | Chairman of the Executive Committee



1 | Stanford university



1 | 2001[http://investing.businessweek.com/research/stocks/people/person.as

p?personId=366001ticker=YUM David Novak: Executive Profile

Biography - Businessweek]


Bank of Montreal - Chief Executive Officer

1 Since the middle of the twentieth century, the senior officer of Bank of Montreal has been styled President

and Chief Executive Officer beginning with G. Arnold Hart. That officer often

also held the title Chairman of the Board, until 2003 when a non-

executive chairman was appointed.


Bank of Montreal - Chief Executive Officer

1 The title of the second-ranking executive has changed several times and has often been

left vacant


Girl Scouts of the USA - Chief Executive Officers

1 * Jane Deeter Rippin (February 1919 – November 1930)



1 * Constance Rittenhouse (September 1935 – December

1950)



1 National Executive Directors:



1 * Sally Stickney Cortner (July 1960 – May 1961) (Interim)



1 * Louise A. Wood (May 1961 – April

1972)



1 * Frances Hesselbein (July 1976 – February 1990) was awarded the Presidential Medal of Freedom in 1998 in part for her work in Girl

Scouts.



1 * Mary Rose Main (February 1990 – October 1997)



1 * Joel E. Becker (October 1997 – January 1998) (Interim)



1 * Marsha J. Evans|Marsha Johnson Evans (January 1998 – July 2002):

retired Rear admiral (United States)|rear admiral, left the Girl Scouts to become president of the American

Red Cross



1 * Jackie Barnes (July 2002 – October 2003)

(Interim)


One share, one vote - Separation of Chief Executive Officer and Chairman of the Board roles

1 In 2004, 73.4% of U.S


Democratic Alliance (South Africa) - Chief Executive Officers

1 Chief executive officers of the Democratic Alliance:


Spredfast - Rod Favaron, Chief Executive Officer

1 - Rod is responsible for overall company operations and long-term strategic direction


4Kids Entertainment - Chief Executive Officers

1 * June 1990–December 1990: Robert Kotick[http://www.themediabriefing.com/peop

le/robert-kotick ]



1 * March 1991–January 11, 2011: Alfred R.

Kahnhttp://www.4kidsentertainment.com/press-release/january-11-2011-4kids-entertainment-chairman-and-

ceo-alfred-r-kahn-retires/



1 * January 11, 2011 – September 30, 2012:

Michael Goldstein


Timbro - Chief executive officers

1 Other notable people currently or previously associated with Timbro

include Michael C. Moynihan, Johan Norberg, Eva Cooper, Fredrik Erixon,

Johnny Munkhammar, Fredrik Segerfeldt, Erik Zsiga, Kristian

Karlsson, Dick Kling, Dick Erixon, Mattias Svensson, Sven Otto Littorin, Ulf Kristersson, Henrik Landerholm,

Christofer Fjellner, Johan Forssell and Carl Rudbeck.


Medical Research Council (UK) - Chief Executive Officers

1 MRC CEOs are normally

automatically knighted.


Sveriges television - Chief executive officers

1 Before Sveriges Television was formed in 1978, television

broadcasting was controlled by channel controllers. Nils Erik Baehrentz was the controller between 1958-1968. He was

succeeded by Håkan Unsgaard who became TV1's controller in 1968 and Örjan Wallquist who became the TV2

controller in 1969.https://store.theartofservice.com/the-chief-executive-officer-toolkit.html

Sveriges television - Chief executive officers

1 When Sam Nilsson retired, the executive chair was split between a CEO and a Programme Officer. This

position was abolished in 2007.


Pennsylvania Railroad - Chief executive officers

1 The controlling non-institutional shareholders of PRR were, during the

early 1960s, Henry Stryker Taylor, who was a part of the Jacob Bunn business dynasty of Illinois, and

Howard Butcher III, a principal in the Philadelphia brokerage house of Butcher Sherrerd (later Butcher

Singer).


Kyiv Post - Chief editors and chief executive officers

1 The Kyiv Post has had at least 13 chief editors since its first edition on Oct



1 The longest-serving chief editor is [https://www.facebook.com/brian.bon

ner Brian Bonner], an American citizen who became the editor in the

summer of 1999 and returned on June 9, 2008



1 Bonner's tenure was interrupted briefly twice



1 Zahoor also fired Bonner as chief editor a second time on April 30,

2014, as the newspaper underwent deep budget cuts, but reinstated him

on Sept. 1, 2014. He remains chief editor.



1 Parusinski, hired by Bonner as a business reporter in 2011 and later promoted to lifestyle editor, served

as chief editor for four months during Bonner's absence from May 1, 2014, to Sept. 1, 2014. Zahoor promoted Parusinski to chief executive officer

on Sept. 1, 2013, replacing J. Michael Willard, who had held the post since July 2011. During founder Sunden's

ownership of the Kyiv Post from 1995 to 2009, Sunden effectively served as chief executive officer in addition

to publisher.



1 She became the first Ukrainian and first woman to be chief executive officer of the

Kyiv Post


David Jones Limited - Chief Executive Officers

1 *Peter Wilkinson (Australian

businessman)|Peter Wilkinson, 1997–

2002https://store.theartofservice.com/the-chief-executive-officer-toolkit.html

Ken Lewis (executive) - Chief Executive Officer

1 Lewis became CEO, President and Chairman of Bank of America after the retirement of Hugh McColl in

2001


Government of Los Angeles County - Chief Executive Officer

1 The Chief Executive Officer (CEO), also known the Chief Administrative

Officer, assists the Board of Supervisors in handling the mounting administrative details of the County

and is responsible for making recommendations to the Board.


Government of Los Angeles County - Chief Executive Officer

1 The CEO has direct supervision over 31 of the 37 departments, while the

other 8 departments—Assessor, Auditor-Controller, Community

Development Commission, County Counsel, District Attorney, Executive Office of the Board of Supervisors,

Fire, and Sheriff—do not report to the CEO.


Professional wrestling authority figures - Chief Executive Officer (CEO)

1 * Stone Cold Steve Austin|Steve Austin

(June 7, 1999 – June 27, 1999)1



1 1 Kayfabe-appointed CEO by Linda McMahon; subsequently lost power in

a ladder match at King of the Ring (1999)|King of the Ring.



1 2 Linda McMahon gained control after her husband Vince McMahon

was barred from appearing on WWF television after Fully Loaded (1999)|

Fully Loaded. In real life, Linda McMahon served on the board of

directors for WWE from 1980; Vince McMahon appointed her to the

position of CEO in 1994 during the WWF steroid scandal.


Willie Walsh (Irish businessman) - Aer Lingus chief executive officer

1 In October 2001 Walsh was elevated from COO to CEO, succeeding

Michael Foley who had resigned following a harassment complaint



1 The company operating profits rebounded, but the cost of the write-

offs and redundancies meant that net profitability was not as quick to recover. Not all of Walsh's reforms

were successful, such as the outsourcing of aircraft cleaning. The

contracting had not been agreed with Aer Lingus unions which led to large payments to the private contractor while Aer Lingus employees did the cleaning work. A three-day lockout

(industry)|lock-out occurred in 2002 during the peak of the cutbacks.



1 The management team suggested to the principal shareholder, the Irish

Government, a float of Aer Lingus on the stock market. Stock floats are

often rewarding to top management and this was opposed by the unions who feared a privatised Aer Lingus

would impose even tougher working conditions. The Government

eventually turned down the float and this led to Walsh and other

management executives resigning from the company in January 2005.



1 The Taoiseach Bertie Ahern subsequently described Walsh's offer

of an MBO as a time when management wanted to steal the assets for themselves through a

management buy out, shafting staff interests..



1 Dermot Mannion, formerly of Emirates Airline, succeeded Walsh as

Aer Lingus chief executive officer.


Willie Walsh (Irish businessman) - British Airways chief executive officer

1 The British Airways board were seeking a successor to chief

executive officer Rod Eddington who had announced plans to return to his

native Australia at the end of his contract. Walsh was hired in May 2005 at age 43, with a six-month

shadowing period to get to know the business before the departure of

Eddington on October 2005.https://store.theartofservice.com/the-chief-executive-officer-toolkit.html

Chief Executive Officer (Afghanistan)

1 As part of a national unity agreement, it was agreed that Ashraf Ghani would assume the presidency and a new post of Chief Executive

Officer would be created for Abdullah Abdullah


Chief Executive Officer (Afghanistan) - Roles and responsibilities

1 The Chief Executive Officer chairs a weekly meeting of a Ministers' Council which can make policy

recommendations to the President. The Chief Executive Officer can also

recommend ministers for the Cabinet of Afghanistan, a body chaired by the

President. http://www.dw.de/understanding-

afghanistans-chief-executive-officer/a-17965187


Chief Executive Officer (Afghanistan) - Roles and responsibilities

1 The national unity agreement calls for a meeting of the Loya Jirga within

two years to consider the need for the re-creation of a post of Prime

Minister of Afghanistan|Prime Minister within the Afghan

Government.


Jeff Zucker - Chief Executive Officer of NBC

1 On December 15, 2005, Zucker was promoted by NBC to Chief Executive Officer of NBC Universal Television Group behind Robert

Charles Wright, vice chairman of General Electric and chairman CEO of NBC Universal. Zucker was responsible for all programming across the company’s television properties, including network, news, cable, and Sports

and Olympics. His responsibilities also included the company’s studio operations

and global distribution efforts.


Debra L. Lee - As Chief Executive Officer of Black Entertainment Television

1 Under Lee, Black Entertainment Television has begun to move in a different format direction for the

network


Rick Wagoner - Chief Executive Officer

1 Wagoner became president and chief executive officer in June 2000 and was elected chairman on May 1, 2003. Under his leadership, GM suffered more than $85 billion in

losses.



1 In an interview,Interview With Rick Wagoner, Motor Trend magazine, June 2006, p



1 In April 2005 Wagoner took back personal control of GM's North

American car division in light of its poor performance. In early June 2005 Wagoner announced that GM in the United States would close several

plants and shed 25,000 employees (17% of GM's U.S. workforce) by 2008. The cuts will result in GM

production reducing output by one million cars and trucks (from 6

million to 5 million).



1 In the Automotive industry crisis of 2008–2009, Wagoner came under renewed pressure as GM sought financial support from the U.S



1 During hearings for government loans to the Big Three Automakers, Wagoner, Alan Mulally and Robert Nardelli were criticized for flying to

Washington, D.C



1 The BBC reported that Wagoner was popular among GM

employees and reporters



1 On March 29, 2009, Wagoner agreed to immediately resign his position as GM

Chairman and CEO, as part of the Obama administration deal to provide GM with further short-term financing. The following day, the US government rejected GM's initial restructuring plan and gave the company 60 days to come

with a new proposal or be forced into bankruptcy. He was replaced as CEO by Fritz Henderson, who had been serving as GM's

President and Chief Operating Officer.



1 After 32 years at GM, Wagoner retired with an exit package of over $10 million: $1.65 million

in benefits per year for his first five years of retirement, $74,030 per year pension for the

rest of his life, and a $2.6 million life insurance policy that can be cashed out at any time.

[http://www.huffingtonpost.com/2009/07/14/rick-wagoner-gets-82-mill_n_232339.html Rick Wagoner Gets Over $10 Million], Huffington

Post, August 14, 2009.


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