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The Executive Officer, Ceo

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The Chief Executive Officer, CEO, is the highest ranking executive in an organization whose primary obligations include emerging and executing high-level strategies, making key corporate decisions, managing the overall operations and resources of a company, and acting as the highest aspect of communication between the board of directors and the corporate operations. The CEO will often have a position on the board, and in some cases is even the chair (Investopedia, 2016). The CEOs role varies depending on the its organization and size. In smaller companies, CEO will be more hands on with operations, making more business decisions. In larger companies, such as Fortune 100 companies, the CEO may be primarily focused on overall growth while …show more content…

One hundred percent of Fortune 100 CEOs earned their B.A or their B.S degrees. There were 100 different bachelor degrees received with the top 3 being engineering, business administration, and accounting. At least 57% of the CEOs received their graduate degrees from prestigious schools such as Harvard, Cornell, and Wharton. The top 3 graduate degrees received were MBA, JD, and Economics. There was a total of 41 different institutions in which the CEOs attended that gave them an advantage to make it to the top (Myatt, 2013). During their career, many of the CEOs served in a multitude of positions prior to serving as CEO. Many CEOs come from a background in finance and operations, however, some have a legal or engineering background.
Over the last few years, shareholders and directors encouraged their management teams to stay in place. This has resulted in CEOs staying in their positions longer. The average tenure is now 9.7 years, which contraries a decade-long trend of shorter periods as CEO. In 2000, the average amount of time CEOs remained in their posts was 10 years. By 2012, 12 years later, that number had declined to 8.1 years. The report speculates that CEO tenure has waned over the years because the marketplace has become more competitive and private equity firms have persuaded bosses away from large organizations. However, CEO tenure lengthened in 2013 because of the waning effects of the 2008 financial crisis and

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