Plural of CEO, referring to multiple chief executive officers - the highest-ranking executives in companies.
Abbreviation of 'Chief Executive Officer,' first used in the 1960s as corporate structures became more complex and formalized. The title replaced earlier terms like 'company president' to emphasize executive authority.
The average tenure of Fortune 500 CEOs is only about 5 years, making it one of the most high-stakes, short-lived positions in business. The acronym CEO is so universally recognized that it's often used without explanation, even in non-English speaking countries.
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