CEO vs Owner

Everyone knows that a CEO is a title given to someone really ‘big.’

Although not physically big, CEOs are literally big in terms of rank and
position. However, the public doesn’t know that much about the
implications of becoming a CEO or what a CEO really is. They just
liken the title to a simple owner of a company or firm when in fact,
that’s not always the case.

The word owner is a very generic word that can be used not only in
business but in everyday living. A person, a group or any entity can
become an owner of something. He or she is someone who has the
exclusive rights to use, hold, enjoy, transfer, benefit-from, convey and
even let go of some of his or her properties (in business terms ‘“
assets). Often, owners have an implied prime principle responsibility
over a certain program or process.

A CEO, completely known as the Chief Executive Officer, is a more

trivial term. He is the executive that holds the highest rank in the
corporate world. He can be equated to an administrator who has a
complete on a company or organization with regard to its
management. He is the boss himself who reports to only one body ‘the
BOD or Board of Directors’.

To avoid confusion between the CEO and an owner, the CEO can be
the owner of the company but not all the time. One can be a CEO and
owner. Another can become the CEO President, a CEO and chairman
all in one, or simply a CEO per se. All of these depend on the policies
of the company, the country where the company operates and the type
of company because the term CEO can vary across the globe due to its
different international uses. Although it is less likely, there are some
big multinational corporations in Asia that practices the habit of
having not only two but three CEOs.

In several instances, many organizations appoint a suitable and

exemplary employee to hold the post of CEO even if he or she isn’t the
real owner most especially in a Limited Liability Company. This
individual was most likely appointed because of his managing skills
and people handling skills as well. To sustain a strong company, the
CEO is tasked on strengthening both the internal and external visions
of the company

1. Owner is the generic term for sole proprietorship while CEO is a title
or position given to someone who has
complete management responsibility of the company he is working in.

2. It is possible that the CEO is or isn’t the owner and the owner is or
isn’t the CEO.

Read more: Difference Between CEO and Owner | Difference Between

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