What is the difference between CEO and Owner? - ProProfs Discuss
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What is the difference between CEO and Owner?

What is the difference between CEO and Owner?

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Asked by Marlon , Last updated: Nov 09, 2024

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4 Answers

L. Agate

L. Agate

L. Agate
L. Agate

Answered Jun 28, 2020

CEO stands for Chief Executive Officer. In most cases, the Chief Executive Officer is the owner of the company, but not all the time. CEO can be regarded as a boss because he only reports to the board of directors, and he/she is also the face of the company. In limited liability companies, they usually appoint a suitable and trustworthy person to hold the post of CEO.

A CEO also carries out the management responsibility of the company. The owner is a generic name that is not only used in business but other affairs of life. The owner is often regarded as the founder of that business. The owner derives its profit from the company’s account and also has the responsibility of hiring people with a competent skill that can make the company move forward.

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D. Peter

D. Peter

Apart from developing codes, I also spend some time in quality writing.

D. Peter
D. Peter, Software Developer, B.E (Bachelor of Engineering), Mexico

Answered Jun 16, 2020

CEO stands for Chief Executive Officer, who holds the highest rank in the corporate world. They can be compared to an administrator who has a stake in companies or organizations concerning its management. He answers to no one except the Board of Directors. CEO may be the owner of the company. However, that is not always the case. You can have a CEO as the owner of a company as well.

This situation hinders the rules of the company, the country where the company comes from, and the type of company it is. The term CEO varies in different companies in various parts of the world. Many organizations appoint the appropriate employee to hold the post of CEO even if he or she isn’t the actual owner of the company.

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Todd Gurley

Todd Gurley

Todd Gurley
Todd Gurley

Answered Jun 15, 2020

The word owner sounds more generic as it applies to a lot of things. While it is common to see people referring to themselves as owners of various businesses and establishments, the word can also be used to describe someone who owns something. This means so far something belongs to me, I'm equally the owner.

This is just to say the usage of the word 'owner' should not be limited to businesses alone. In other words, once you own something and you have exclusive rights over it, you are the owner. On the other hand, CEO or Chief Executive Officer is just a title for someone occupying the highest position or having the highest rank in a company.

Usually, a CEO is regarded as the owner of a company or an establishment, but, at times, the title can be used for another person other than the real owner of the company. In a situation where the CEO is not the owner of the company, people usually rise to that position based on appointment.

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C. Lucan

C. Lucan

I'm a freelance Copywriter and well that explains everything!

C. Lucan
C. Lucan, Copywriter, Literature Major, Baton Rouge, Louisiana

Answered Jun 07, 2020

The word owner sounds more generic as it applies to a lot of things. While it is common to see people referring to themselves as owners of various businesses and establishments, the word can also be used to describe someone who owns something. This means so far something belongs to me, I'm equally the owner. This is just to say the usage of the word 'owner' should not be limited to businesses alone. In other words, once you own something and you have exclusive rights over it, you are the owner.

On the other hand, CEO or Chief Executive Officer is just a title for someone occupying the highest position or having the highest rank in a company. Usually, a CEO is regarded as the owner of a company or an establishment, but, at times, the title can be used for another person other than the real owner of the company. In a situation where the CEO is not the owner of the company, people usually rise to that position based on appointment.

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