What is the difference between CEO, Chairman and President? Which is the highest of them?

Question

What is the difference between CEO, Chairman and President? Which is the highest of them?

Answer 1

chief executive officer (CEO), also called the President or Managing Director.

Top executive responsible for a firm's overall operations and performance. He or she is the leader of the firm, serves as the main link between the board of directors (the board) and the firm's various parts or levels, and is held solely responsible for the firm's success or failure. One of the major duties of a CEO is to maintain and implement corporate policy, as established by the board. Also called President or managing director, he or she may also be the chairman (or chairperson) of the board

chairman of the board (ranks higher than the CEO)

Highest ranking officer in a firm's board of directors who presides over the board's meetings, but may or may not have actual executive authority. In smaller firms, usually the same person holds the position of chairman and chief executive officer. Also called chairperson of the board. See also board of directors.