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50-678: North Ayrshire was a county constituency of the House of Commons of the Parliament of the United Kingdom from 1868 until 1918. It returned one Member of Parliament (MP), using the first-past-the-post voting system. The Representation of the People (Scotland) Act 1868 provided that the new North Ayrshire constituency was to consist of the District of Cunningham , consisting of

100-488: A company's business decisions, including those in operations, marketing, business development , finance, human resources , etc. The use of the CEO title is not necessarily limited to describing the head of a company. For example, the CEO of a political party is often entrusted with fundraising, particularly for election campaigns. In some countries, there is a dual board system with two separate boards, one executive board for

150-424: A corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability , market share , revenue , or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation . CEOs are also frequently assigned

200-402: A facade of charm and eloquence. Traits such as courage and risk-taking, generally considered desirable, are often found alongside these psychopathic tendencies. Tara Swart, a neuroscientist at MIT Sloan School of Management , has suggested that individuals with psychopathic traits thrive in chaotic environments and are aware that others do not. As a result, they may intentionally create chaos in

250-420: A few cases one). From 1535 each Welsh county and borough was represented, by one knight or burgess. The franchise was restricted differently in different types of constituency; in county constituencies forty shilling freeholders (i.e. landowners) could vote, while in boroughs the franchise varied from potwallopers , giving many residents votes, to rotten boroughs with hardly any voters. A county borough

300-697: A form or degree of mixed-member proportional representation . The existing constituencies were created, effectively, for the first general election of the Scottish Parliament, in 1999. When created, all but two had the names and boundaries of Westminster constituencies. The two exceptions were the Orkney Holyrood constituency , covering the Orkney Islands council area , and the Shetland Holyrood constituency , covering

350-462: A formal delegation of authority regarding business administration . Typically, responsibilities include being an active decision-maker on business strategy and other key policy issues, as well as leader , manager, and executor roles. The communicator role can involve speaking to the press and to the public, as well as to the organization's management and employees; the decision-making role involves high-level decisions about policy and strategy. The CEO

400-448: A more suitable label cannot be found. Where used, "The compass point reference used will generally form a prefix in cases where the rest of the constituency name refers to the county area or a local council, but a suffix where the rest of the name refers to a population centre." This is the reason for the difference in naming between, for example, North Shropshire (a county constituency ) and Reading West (a borough constituency ). In

450-608: A number of single-member first-past-the Post constituencies, matching the way Westminster MPs are elected. Following the decision that all MEPs should be elected by some form of proportional representation , the Labour government passed the European Parliamentary Elections Act 1999 , creating eleven constituencies on Great Britain, which were first used in 1999 . The South West England constituency

500-599: A source of criticism following a dramatic rise in pay relative to the average worker's wage . For example, the relative pay was 20-to-1 in 1965 in the US, but had risen to 376-to-1 by 2000. The relative pay differs around the world, and, in some smaller countries, is still around 20-to-1. Observers differ as to whether the rise is due to competition for talent or due to lack of control by compensation committees. In recent years, investors have demanded more say over executive pay. Lack of diversity amongst chief executives has also been

550-504: A source of criticism. In 2018, 5% of Fortune 500 CEOs were women. In 2023 the number rose to 10.4% of for Women CEO's of Fortune 500 companies . The reasons for this are explained or justified in various ways, and may include biological sex differences, male and female differences in Big Five personality traits and temperament, sex differences in psychology and interests, maternity and career breaks, hypergamy , phallogocentrism ,

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600-687: Is in the Holyrood area of Edinburgh , while the main meeting place of the Parliament of the United Kingdom is the Palace of Westminster , in the City of Westminster . There are 73 Holyrood constituencies covering Scotland , and each elects one Member of the Scottish Parliament (MSP) by the first-past-the-post system . Also, the constituencies are grouped into eight electoral regions, and each of these regions elects seven additional members , to produce

650-402: Is often used in lieu of chief executive officer. Business publicists since the days of Edward Bernays (1891–1995) and his client John D. Rockefeller (1839–1937) and even more successfully the corporate publicists for Henry Ford , promoted the concept of the " celebrity CEO". Business journalists have often adopted this approach, which assumes that the corporate achievements, especially in

700-418: Is sometimes included as one such subordinate executive officer, but, as suggested by Anthony Johndrow, CEO of Reputation Economy Advisors, it can also be seen as "simply another way to add emphasis to the role of a modern-day CEO – where they are both the external face of, and the driving force behind, an organization culture". In the US, the term "chief executive officer" is used primarily in business, whereas

750-427: Is tasked with implementing the goals, targets and strategic objectives as determined by the board of directors. As an executive officer of the company, the CEO reports the status of the business to the board of directors, motivates employees, and drives change within the organization. As a manager, the CEO presides over the organization's day-to-day operations. The CEO is the person who is ultimately accountable for

800-542: Is to prevent a conflict of interest and too much power being concentrated in the hands of one person. In the United States, the board of directors (elected by the shareholders ) is often equivalent to the supervisory board, while the executive board may often be known as the executive committee (the division/subsidiary heads and C-level officers that report directly to the CEO). In the United States, and in business,

850-526: The 2005 United Kingdom general election , the House of Commons had 646 constituencies covering the whole of the United Kingdom. This rose to 650 in the 2010 election following the Fifth Periodic Review of Westminster constituencies . Each constituency elects one Member of Parliament (MP) by the " first-past-the-post " system of election. The House of Commons is one of the two chambers of

900-621: The Acts of Union 1707 , Scottish burghs were grouped into districts of burghs in the Parliament of Great Britain , except that Edinburgh was a constituency in its own right . After the Acts of Union 1800 , smaller Irish boroughs were disenfranchised, while most others returned only one MP to the United Kingdom Parliament. The Reform Act 1832 reduced the number of parliamentary boroughs in England and Wales by eliminating

950-552: The Dictionary says that the use of "CEO" as an acronym for a chief executive officer originated in Australia , with the first attestation being in 1914. The first American usage cited is from 1972. The responsibilities of an organization's CEO are set by the organization's board of directors or other authority, depending on the organization's structure. They can be far-reaching or quite limited, and are typically enshrined in

1000-531: The Scottish Parliament (Constituencies) Act 2004 , which enabled the creation of a new set of Westminster constituencies without change to Holyrood constituencies. The new Westminster boundaries became effective for the 2005 United Kingdom general election . There are 40 Senedd constituencies covering Wales , and each elects one Member of the Senedd (MS) by the first-past-the-post system . Also,

1050-580: The Shetland Islands council area . For Westminster elections, these council areas were covered (and still are covered) by the Orkney and Shetland Westminster constituency . In 1999, under the Scotland Act 1998 , the expectation was that there would be a permanent link between the boundaries of Holyrood constituencies and those of Westminster constituencies. This link was broken, however, by

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1100-546: The bicameral Parliament of the United Kingdom , the other being the House of Lords . There are fourteen London Assembly constituencies covering the Greater London area, and each constituency elects one member of the assembly by the first-past-the-post system . Eleven additional members are elected from Greater London as a whole to produce a form or degree of mixed-member proportional representation . Constituency names and boundaries remain now as they were for

1150-498: The first general election of the assembly, in 2000. The assembly is part of the Greater London Authority and general elections of the assembly are held at the same time as election of the mayor of London . There are 18 Northern Ireland Assembly Constituencies : four borough (for Belfast ) and 14 county constituencies elsewhere (see below). Each elects five MLAs to the 90 member NI Assembly by means of

1200-424: The single transferable vote system. Assembly Constituency boundaries are identical to their House of Commons equivalents. The constituencies below are not used for the election of members to the 11 district councils . Scottish Parliament constituencies are sometimes called Holyrood constituencies, to distinguish them from Westminster (House of Commons) constituencies. The Scottish Parliament Building

1250-559: The Boundary Commissions for England , Wales , Scotland and Northern Ireland the power to create names for constituencies, and does not provide a set of statutory guidelines for the Commissions to follow in doing so. Constituency names are geographic, and "should normally reflect the main population centre(s) contained in the constituency". Compass points are used to distinguish constituencies from each other when

1300-535: The CEO is also the president, is the vice president (VP). An organization may have more than one vice president, each tasked with a different area of responsibility (e.g., VP of finance, VP of human resources). Examples of subordinate executive officers who typically report to the CEO include the chief operating officer (COO), chief financial officer (CFO), chief strategy officer (CSO), chief marketing officer (CMO) and chief business officer (CBO). The public relations -focused position of chief reputation officer

1350-528: The UK, chief executive and chief executive officer are used in local government , where their position in law is described as the "head of paid service", and in business and in the charitable sector . As of 2013 , the use of the term director for senior charity staff is deprecated to avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are normally non-executive (unpaid) roles. The term managing director

1400-475: The United Kingdom elected its Members of the European Parliament (MEPs) through twelve multimember European Parliament constituencies . One, Northern Ireland , used single transferable vote , while the eleven covering Great Britain used the d'Hondt method of party-list proportional representation . For its first European Parliamentary elections in 1979 Great Britain was divided into

1450-422: The arena of manufacturing, are produced by uniquely talented individuals, especially the "heroic CEO". In effect, journalists celebrate a CEO who takes distinctive strategic actions. The model is the celebrity in entertainment, sports, and politics – compare the " great man theory ". Guthey et al. argues that "...these individuals are not self-made, but rather are created by a process of widespread media exposure to

1500-617: The case of a partnership , an executive officer is a managing partner, senior partner, or administrative partner. In the case of a limited liability company , an executive officer is any member, manager, or officer. Depending on the organization, a CEO may have several subordinate executives to help run the day-to-day administration of the company, each of whom has specific functional responsibilities referred to as senior executives, executive officers or corporate officers. Subordinate executives are given different titles in different organizations, but one common category of subordinate executive, if

1550-557: The constituencies are grouped into five electoral regions, and each of these regions elects four additional members , to produce a form or degree of mixed-member proportional representation . The current set of Senedd constituencies is the second to be created. The first was created for the first general election of the National Assembly for Wales, in 1999. Before its withdrawal from the European Union in 2020,

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1600-456: The council. The spending limits for election campaigns are different in the two, the reasoning being that candidates in county constituencies tend to need to travel farther. For by-elections to any of these bodies, the limit in all constituencies is £100,000. In the House of Commons of England , each English county elected two " knights of the shire " while each enfranchised borough elected "burgesses" (usually two, sometimes four, and in

1650-450: The day-to-day business and one supervisory board for control purposes (selected by the shareholders). In these countries, the CEO presides over the executive board and the chairperson presides over the supervisory board, and these two roles will always be held by different people. This ensures a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority. The aim

1700-567: The distinction; the Boundary Commission for England has stated that, "as a general principle, where constituencies contain more than a small rural element they should normally be designated as county constituencies. Otherwise they should be designated as borough constituencies." In Scotland, all House of Commons constituencies are county constituencies except those in the cities of Glasgow , Edinburgh , Aberdeen , Dundee and three urban areas of Lanarkshire . In England and Wales,

1750-506: The executive officers are usually the top officers of a corporation, the chief executive officer (CEO) being the best-known type. The definition varies; for instance, the California Corporate Disclosure Act defines "executive officers" as the five most highly compensated officers not also sitting on the board of directors. In the case of a sole proprietorship , an executive officer is the sole proprietor. In

1800-562: The existence of old boy networks , tradition, and the lack of female role models in that regard. Some countries have passed laws mandating boardroom gender quotas. In 2023 Rockefeller Foundation awarded a grant to Korn Ferry to research strategies and then action a plan to help more women to become CEO's. There are contentious claims that a significant number of CEO's have psychopathic tendencies, often characterized by power-seeking behavior and dominance. These individuals can often conceal their ruthlessness and antisocial behavior behind

1850-777: The following body also included members elected by constituencies: Electoral areas called constituencies were previously used in elections to the European Parliament , prior to the United Kingdom's exit from the European Union (see European Parliament constituency ). In local government elections (other than for the London Assembly) electoral areas are called wards or electoral divisions . House of Commons, Scottish Parliament, Senedd and Northern Ireland Assembly constituencies are designated as either county or borough constituencies, except that in Scotland

1900-635: The following candidates had been selected; *Chalmers was supported by the Union of Democratic Control and contested the 1918 general election as a Labour Party candidate. County constituency In the United Kingdom (UK), each of the electoral areas or divisions called constituencies elects one member to the House of Commons . Within the United Kingdom there are five bodies with members elected by electoral districts called " constituencies " as opposed to " wards ": Between 1921 and 1973

1950-531: The parishes of Ardrossan , Dalry , Dreghorn , Fenwick , Irvine , Kilbirnie , Kilmarnock , Kilmaurs , Kilwinning , Largs , Loudoun , Stevenston , Stewarton , West Kilbride and Beith , and the parish of Dunlop so far as situated within the County of Ayr. General Election 1914–15 : Another General Election was required to take place before the end of 1915. The political parties had been making preparations for an election to take place and by July 1914,

2000-409: The point that their actions, personalities, and even private lives function symbolically to represent significant dynamics and tensions prevalent in the contemporary business atmosphere". Journalism thereby exaggerates the importance of the CEO and tends to neglect harder-to-describe broader corporate factors. There is little attention to the intricately organized technical bureaucracy that actually does

2050-465: The position of returning officer in borough constituencies is held ex officio by the mayor or chairman of the borough or district council, and the high sheriff of the county in county constituencies. The administration of elections is carried out by the acting returning officer, who will typically be a local council's chief executive or Head of Legal Services. The role, however, is separate from these posts, and can be held by any person appointed by

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2100-413: The previous common electoral quota for the whole United Kingdom and replaced it with four separate national minimal seat quotas for the respective Boundaries commissions to work to, as a result the separate national electoral quotas came into effect: England 69,534; Northern Ireland 67,145, Wales 58,383 and in Scotland only 54,741 electors. The Parliamentary Voting System and Constituencies Act 2011 gives

2150-836: The role of the main manager of the organization and the highest-ranking officer in the C-suite . The term "chief executive officer" is attested as early as 1782, when an ordinance of the Congress of the Confederation of the United States of America used the term to refer to governors and other leaders of the executive branches of each of the Thirteen Colonies . In draft additions to the Oxford English Dictionary published online in 2011,

2200-800: The rotten boroughs. It also divided larger counties into two two-seat divisions , the boundaries of which were defined in the Parliamentary Boundaries Act 1832 , and gave seven counties a third member. Similar reforms were also made for Scotland and for Ireland . The Redistribution of Seats Act 1885 ( 48 & 49 Vict. c. 23) equalised the population of constituencies; it split larger boroughs into multiple single-member constituencies, reduced smaller boroughs from two seats each to one, split each two-seat county and division into two single-member constituencies, and each three-seat county into single-member constituencies. The House of Commons (Redistribution of Seats) Act 1958 , eliminated

2250-430: The term burgh is used instead of borough . Since the advent of universal suffrage , the differences between county and borough constituencies are slight. Formerly (see below ) the franchise differed, and there were also county borough and university constituencies. Borough constituencies are predominantly urban while county constituencies are predominantly rural . There is no definitive statutory criterion for

2300-409: The term "executive director" is used primarily in the not-for-profit sector. These terms are generally mutually exclusive and refer to distinct legal duties and responsibilities. The CEO is the highest-ranking executive in a company, making corporate decisions, managing operations, allocating resources, and serving as the main point of communication between the board of directors and the company. In

2350-457: The work. Hubris sets in when the CEO internalizes the celebrity and becomes excessively self-confident in making complex decisions. There may be an emphasis on the sort of decisions that attract the celebrity journalists . Research published in 2009 by Ulrike Malmendier and Geoffrey Tate indicates that "firms with award-winning CEOs subsequently underperform, in terms both of stock and of operating performance". Executive compensation has been

2400-802: The workplace. This perspective is explored in the book Snakes in Suits , co-authored by Robert D. Hare . However, Scott Lilienfeld has argued that the attention given to psychopathy in the workplace by both the media and scholars has far exceeded the available scientific evidence. Emilia Bunea, writing in Psychology Today , has linked psychopathic traits in managers to workplace bullying , employee dissatisfaction, and turnover intentions. Despite this, Bunea cautions that excessive worry about supposed psychopathic managers could discourage individuals from pursuing careers in corporations and deter employees from addressing issues with difficult bosses. In

2450-478: Was expanded from the 2004 elections onward to include Gibraltar , the only British overseas territory that was part of the European Union , following a court case. Chief executive CEOs find roles in various organizations, including public and private corporations , nonprofit organizations , and even some government organizations (notably state-owned enterprises ). The governor and CEO of

2500-465: Was the constituency of a county corporate , combining the franchises of both county and borough. Until 1950 there were also university constituencies , which gave graduates an additional representation. Similar distinctions applied in the Irish House of Commons , while the non-university elected members of the Parliament of Scotland were called Shire Commissioners and Burgh Commissioners. After

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