Definition: A "CEO" stands for "Chief Executive Officer." It is a noun that refers to the highest-ranking person in a company or organization. The CEO is responsible for making important decisions about the company's operations and overall direction. They report to a group called the board of directors and may hire other managers to help run the company.
In more advanced discussions, you might hear about the CEO's role in corporate governance, strategy formulation, and stakeholder management. They often play a crucial role in setting the company culture and public image.
While "CEO" itself does not have specific idioms or phrasal verbs, here are a couple of related phrases: - "Climbing the corporate ladder": This means advancing in one's career within a company, often to higher positions like CEO. - "Call the shots": This idiom means to be in charge or make the decisions, similar to what a CEO does.