2006-11-30 19:29:23 · 33 answers · asked by Anonymous in Business & Finance ➔ Corporations
The CEO is a company's top decision-maker, and all other executives answer to him or her. The CEO typically delegates many of the tactical responsibilities to other managers, while the president (sometimes also called COO) deals with day-to-day operations and tactics.
Presidents answer to CEOs. According to Investopedia.com, presidents often hold the title of Chief Operating Officer, or COO. The COO is responsible for executing the policy of the CEO and board of directors. So, in short, it's a "vision thing" versus a "nuts and bolts thing."
2006-11-30 19:41:41 · answer #1 · answered by Mock-mast 3 · 0⤊ 0⤋
In business world CEO is higher rank than President
2006-11-30 19:40:46 · answer #2 · answered by kila T 1 · 1⤊ 0⤋
CEO means Chief Executive Officer. President is also called "chief" of state ( or business or whatever hes president of ). Generally a company will have one or the other because they hold the same rank.
If there is both, It is most likely the CEO outranks the president(s), because then the president(s) would be of sub-committees within the entity. In which case those presidents would be reporting up to the CEO.
Also, there are a many companies who appoint a President almost entirely to be a good figurehead or spokesperson for that company, even though they hold no real power within the company.
2006-11-30 19:39:56 · answer #3 · answered by trevathecleva 2 · 0⤊ 0⤋
The CEO,in rank.
The actual highest is the Majority Stockholder.
So it could be the President, but President is a Title.
CEO is a Job Description. The Chief Executive Officer is just what it says, Chief, the Big Kahuna, Mondo Boss.
2006-11-30 19:50:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋
CEO is the Chief Executive Officer of a company, so he/she is the leader of all other executives (including Presidents for different divisions/countries, EVPs and other VPs....).
For some companies the CEO and President may be the same individual if the company size doesn't warrant the need for a separate President, or if the CEO is a very hands-on person.
2006-12-01 03:25:55 · answer #5 · answered by swy3388 3 · 0⤊ 0⤋
CEO ie Chief Executive Officer is higher in rank in the business world.
2006-11-30 19:44:44 · answer #6 · answered by george v 1 · 0⤊ 0⤋
Some enterprises don't have CEOs, they just have a President... Of course, then the president is higher if there is no CEO
2006-11-30 19:45:06 · answer #7 · answered by Anonymous · 0⤊ 0⤋
CEO(Chief Executive Officer) President is just a figure head, the CEO has all the power, but can be voted out by the board of trustee's or majority of stock holders
2006-11-30 19:40:26 · answer #8 · answered by back2skewl 5 · 1⤊ 0⤋
CEO is higher. President is like the General Manager who reports to a managerial position while a CEO reports to the stockholders
2006-12-01 01:29:58 · answer #9 · answered by Warren 2 · 0⤊ 0⤋
CEO should be higher in ranking than the President or MD.
2006-11-30 19:50:26 · answer #10 · answered by PoshBerries 6 · 0⤊ 0⤋