What does a CEO Exactly do?

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So I work for a large bank in the United States. Me and my coworkers always joke that whenever something bad or inconvenient happens it’s the CEOs fault. Though it’s just a running joke it got me thinking, on a day to day basis what does a CEO actually do? I get the “Chief Executive Officer” nomenclature means they more than likely make executive decisions but what does that look like? Are they at their desk signing papers all day? Death by meeting?

Edit: Holy crap thanks for all the answers I feel like this sub always pulls through when I have a weird question. Thanks guys!

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Anonymous 0 Comments

CEOs at places I worked at: Comes in. Fires 25,000 people. Saves the company money. Collects $42,000,000 and leaves for the next company.
Next CEO: buys his friend’s company, fires 15,000 people. Collects $30,000,000 and moves to the next company.

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