What is equal to a ceo

CEO – Chief Executive Officer – This person is the highest-ranking corporate officer.  They are the head of management for an organization.  They report to the board of directors. They make high-level decisions about policy and strategy.  

The group of people who reports to the CEO include:  

  • - CBDO (Chief Business Development Officer)
  • - CFO (Chief Financial Officer)
  • - COO (Chief Operating Officer)
  • - CMO (Chief Marketing Officer)
  • - CIO (Chief Information Officer)
  • - CCO (Chief Communications Officer)
  • - CLO (Chief Legal Officer)
  • - CTO (Chief Technology Officer)
  • - CRO (Chief Risk Officer)
  • - CCO (Chief Creative Officer)
  • - CCO (Chief Compliance Officer)
  • - CAE (Chief Audit Executive)
  • - CDO (Chief Diversity Officer)
  • - CHRO (Chief Human Resources Officer). 

COO – Chief Operating Officer – This person is responsible for the day to day operations or an organization. This person may also be called the company’s President.  This person could be thought of as the second in command behind the Chairman or CEO.

CMD -Chief Managing Director(often referred as MD)A managing director ('MD') is a whole time director of a company, holding an executive position to control the day to day affairs of the enterprise. MD is the head of management (either shares the same importance of CEO / COO or is superior to them).More often than not, an MD is remunerated, and their one-time term cannot exceed five years, and additionally requires shareholders' approval by of a resolution at a general meeting.A company needs a chief operating officer (COO) because the CEO is usually too busy to monitor production quotas and other factors on a daily basis.Consider a case where CEO stands compared to the president of country and Coo will be Wise President working under CEO. Managing Director is responsible for the day-to-day business of a company. On the other hand, a Chief Executive Officer has no responsibility for the daily affairs of a firm. The CEO has the responsibility to facilitate business, and should also have a strategic vision to align the company, both internally and externally. A CEO has to guide the employees, and the executive officers whereas Managing Directors are held responsible for any action of the company. He is also accountable to the shareholders and bond.

Overall you can say that CEOo work for the company growing up and cmd work for business and care for shares. However, the task of all is for company development and it is not so easy to completely define their proper working.

If anyone can comment and provide more inform, please welcome yourself.

  1. Finding a job
  2. CEO vs. President: Key Differences in Top Business Positions

By Indeed Editorial Team

Updated November 8, 2021 | Published March 12, 2020

Updated November 8, 2021

Published March 12, 2020

Knowing how corporations are organized can help you understand how decisions are made and implemented, navigate chains of command and design a career development plan. Two of the highest positions in a business structure are the CEO and the president. While they may have overlapping duties, they are different roles. In this article, we define what a CEO is, what a president is and what the differences are between them.

Related: A Guide To Executive Business Titles

What is a CEO?

Chief executive officers, or CEOs, hold the highest position in their company. Sometimes, the chairman of the board of directors acts as the CEO if they are particularly involved in the business. Nonprofit organizations often use the title executive director for this position. CEOs are hired by the board of directors, who are elected by shareholders, and usually have a permanent seat on the board to report business strategies and the corporation's vision.

Here are some of a CEO's main duties and responsibilities:

  • Setting the company's vision. CEOs guide the direction of their company by setting long-term goals and framing how the company will impact its community. Corporate visions outline what values the company's products offer their market and guide charitable giving, community involvement and what the corporate culture will look like.

  • Being the main connection between the board of directors and operations. The CEO is the primary person who presents business strategies, results and goals to the board of directors, then works to implement the board of directors' decisions. Because they have a seat on the board and work as an employee of the company, they have a unique insight into how the company relates to its board and the expectations the board has for the organization.

  • Overseeing the broad scope of business operations. CEOs use their unique relationship with the board of directors and other corporate officers to make and delegate the large-scale business strategies that affect the organization's day-to-day functions.

  • Acting as the public face of the company. CEOs are the head salesperson for their company and make major announcements about their organization. They meet with high-profile clients and investors, announce new products and share major changes that are being implemented.

Read more: What Is a Chief Executive Officer (CEO)? Definition and Role

What is a president?

The president is the second-in-command of a company, directly underneath the CEO. If a company does not have a CEO, the president holds the highest position in the organization. If the CEO is the head salesperson, the president is the head manager. A company president oversees the people in the company and implements the business strategies that are set by the CEO.

The main responsibilities and duties of the president of a company include:

  • Managing the budget and finances. The president uses the business strategies and long-term goals from the CEO to build the company's budget. They make sure that individual departments stay within the budget and manage the finances of the organization.

  • Implementing the CEO's business strategy. The president uses the CEO's business strategy and goals to structure day-to-day operations. They set goals for each department or division, design new positions and reorganize departments to reflect the CEO and board of directors' vision.

  • Guiding and leading managers. The president sets the tone for the company's management style. They work closely with department or division managers to help them lead their teams.

  • Providing recommendations to the board of directors. The president has a closer relationship with the company's employees than the board does and works directly with the operations and logistics, so they provide specific suggestions on how to implement the CEO's business strategy and accomplish the company's vision.

  • Designing metrics to measure employee performance. The president oversees how employee performance is measured and reported to meet the business goals. They use the CEO's goals and vision to determine what traits and objectives effective, efficient employees should have.

Related: Differences Between a President and a COO

CEO vs. president

Here are the key differences between CEOs and presidents:

  • Scope of responsibilities: CEOs focus on broad business strategy and setting the company's vision, while presidents concentrate on the daily operations of the business.

  • Relationship to the board of directors: CEOs have a seat on the board and present directly to them. Presidents report and provide feedback through the CEO.

  • Chain of command: CEOs are hired by and report to the board of directors, but presidents are hired by the company and report to the CEO.

  • Primary audience: CEOs are the face of the company, so they primarily speak to the public and shareholders. The president's main audience is the employees of the company, as the president guides their daily work and relationship with the corporate culture.

  • Measurement of success: CEO performance is measured by how competitive the company is in its industry, with metrics that include returns on investments, revenue growth and cash flow. The president's success is measured by their relationship with the CEO and how closely they can execute business strategies and achieve the CEO's objectives.

FAQs about presidents and CEOs

Here are answers to some frequently asked questions regarding the difference between CEOs and presidents:

Is the owner of a business a CEO or president?

A business owner can be in either role, depending on what focus they prefer to take in running the business. Owners should carefully consider if they want to establish a board of directors, what relationship they want to have with them and what role they believe they are best suited to fill.

What other titles have a similar role to the president?

Sometimes, the role of the president is held by the chief operating officer (COO). Both positions focus on how the company functions daily to achieve the goals and vision of the CEO.

How do I become a CEO or president?

There are a few ways to become a CEO or president. Many CEOs and presidents started their own businesses and chose the title that best suits their role in running their company. Here are the steps to earning a top role in an existing company:

  1. Earn a bachelor's degree. Attending college and earning a bachelor's degree in business administration will help you develop the networking skills and business fundamentals that the highest corporate positions need. If your school offers a specialization in organizational leadership, you will build management skills and have coursework that focuses on interpersonal skills.

  2. Build work experience. CEOs and presidents usually have a great deal of experience working in business. Many of them build their careers by starting at the entry level and earning promotions in the same company. Others develop their experience by working at several companies through accepting roles that offer more responsibility in higher positions on the corporate ladder.

  3. Get a master's degree. While a graduate degree isn't always required of CEOs and presidents, it can give you more opportunities for working in higher positions. Master's degree programs also give you a more in-depth understanding of business structures, leadership, ethics, project management and organizational behavior.

Related: Should I Get a Master’s Degree? 9 Factors To Consider