answersLogoWhite

0

Do the shareholders decide who will be the CEO?

Updated: 8/19/2019
User Avatar

Frida3098

Lvl 1
13y ago

Best Answer

The board of directors, who are supposed to represent the owners/shareholders appoint the CEO. Ownership/shareholding of large public companies tends to be fragmented so only large shareholders may have some say.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do the shareholders decide who will be the CEO?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Explain the relationship a CEO has to a company's shareholders?

i think that the CEO works for the shareholders.


What are the owners of a corporation called?

The owners of a corporation are called the CEO.


Who owns homeserve?

various shareholders, including ceo Richard Harpin


Who is the ceo of satyam?

Tech Mahindra Ltd. Plus public shareholders.


What is IBM ownership?

IBM is a public company, owned by its Shareholders. The CEO of IBM is Samuel J. Palmisano.


Who is the owner of McDonald?

Steve Easterbrook is the current CEO of McDonald's.


Who does the CEO report to?

The CEO typically reports to the board of directors. The board is responsible for appointing and overseeing the CEO, ensuring that the company is being managed effectively and in the best interests of shareholders.


Why do shareholders need accounting information?

To decide if they are going to increase or decrease their holding.


Who is the owner of tescos?

It's a public company so it's owned by the shareholders. It's CEO is Sir Terry Leahy


Who is the owner of the Apple Company?

The owner of the Apple Company is the shareholders, as a group. The CEO was Steve Jobs, but he just died on 5 October 2011 now Tim Cook is the CEO.


What is Google owner name?

Google is a publicly traded company; its owners are all shareholders, the number of which exceeds 328.59M. All shareholders are owners.


Who manages a corporation?

A corporation is ran by the Chief Executive Office, the CEO is held accountable to the board of directors, and the board of directors follow the demands of the shareholders.