Depending on the size of the business and the owner's preference, the business owner can be called anything they want; the most common names for business owners are business owner and chief executive officer. Larger companies usually refer to the owner of their company as the CEO, while smaller companies simply refer to their business owner as the owner.Continue Reading
There is no specific name for a business owner, and the name that the owner is called is simply a preference of the business owner and what the employees are comfortable calling him or her. It is important for employees to address the business owner by the name he or she prefers.
There are many small businesses in the United States, and many of the owners of these businesses do not go by CEO, but rather business owner. The CEO title is often reserved for larger companies where there are several owners who have put time and money into the business. The CEO is the go-to person that stands with the rest of the owners, but is the face of the ownership. The CEO handles daily operations that involve the company while the rest of the owners can work behind the scenes.Learn more about Careers
The major duties of a board of directors are typically to appoint a chief executive, govern the organization by establishing objectives and policies, account to the stakeholders and ensure availability of adequate resources. A board of directors is a group of appointed persons who jointly administer the activities of an organization.Full Answer >
As of 2015, James R. Kimbrell owns La Mesa RV and serves as the company's president and chief executive officer. James R. Kimbrell founded La Mesa RV and established the company in 1972 with a single dealership located in La Mesa, California.Full Answer >
According to the U.S. Bureau of Labor Statistics, the median annual wage for a chief executive officer was $168,140 in 2012. The hourly wage this corresponds to varies because CEOs do not usually adhere to a standard 40-hour work week.Full Answer >
The chief executive officer is the highest-ranking overall position in the entire company, while the chief financial officer is the highest-ranking financial position. While both essential positions in any company, there are major differences in the roles each one plays.Full Answer >