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CEO facts & stats

7 fact-checked facts about chief executives: leadership, company structure and management ideas, each with the reason behind it. 5 more are in today's round and join this page after it closes.

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The basics

What does CFO stand for?

AnswerChief financial officer

The CFO oversees a company's finances.

In a corporation, the CEO typically reports to whom?

AnswerThe board of directors

The board hires, oversees and can replace the CEO.

Going deeper

What is a mission statement?

AnswerA short statement of an organization's purpose

It explains why the organization exists.

A company's yearly meeting where shareholders can vote is called what?

AnswerAnnual general meeting

Shareholders vote on matters like board seats at the AGM.

What does CTO usually stand for?

AnswerChief technology officer

The CTO leads technology strategy.

Expert level

The Fortune 500 list was first published in which year?

Answer1955

Fortune magazine launched the list in 1955.

Management thinker Peter Drucker popularized which idea?

AnswerManagement by objectives

Drucker described it in his 1954 book The Practice of Management.

Know these cold?Today's round is five questions like these, 20 seconds each. Your streak and level follow you to every arena.Play today's round