Quote:
Originally Posted by Rochard
I am the CEO of multiple companies on paper, although I am really the owner more than anything else.
A CEO is someone who runs a large company, and can be replaced by the owner or board of directors or the stockholders at a moment's notice.
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I agree with Rochard and with 12clicks. The SBA defines their purview as the 28 or so million businesses with fewer than 500 employees. Of these, like 20 million are just one person. For various filings, one might identify a CEO. I certainly feel like the job is different in my businesses where people work for me. The job would be very different if I answered to shareholders in public etc.
But when people talk about CEO and executive compensation, I think the SBA definition of above 500 employees is probably pretty appropriate to what folks mean.