A CEO is a top manager of a company responsible for its activities and the fulfillment of all set business goals and objectives.
In addition to operating activities, the CEO is responsible for the strategic development of the company. Its task is to develop a strategy and submit it to the Board of Directors for approval. It is the CEO who is creates and inspires the corporation's development strategy. Despite the fact that the strategy takes a long time to implement, the CEO is responsible for its execution to the Board of Directors here and now on a regular basis, along with reporting on current operational results.