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by sebastianavina
4247 days ago
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I think it has something to do with the fact that everybody has shares on the companies, so somebody has to be the leader of the board. Hence they call themselves CEO's. When you have traditional business and you are the only owner, you're simply "the boss" there is no point to have a CEO because everything the boss says is unquestionable. source: I own several traditional business. |
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Wouldn't Chairman/woman of the Board be more appropriate then? I agree with the parent that Chief Executive Officer is a bit funny when there is only one "executive officer" (like calling yourself "lead developer" when you're the only one) but there isn't really a better option.