Acting CEO
An "Acting CEO" is a temporary leader of a company who takes on the responsibilities of the Chief Executive Officer (CEO) when the permanent CEO is unavailable. This situation can arise due to various reasons, such as resignation, illness, or during a transition period while a new CEO is being selected. The acting CEO ensures that the company continues to operate smoothly and maintains its strategic direction.
The role of an acting CEO includes making important decisions, overseeing daily operations, and representing the company in public and internal matters. While they may not have the same long-term authority as a permanent CEO, acting CEOs play a crucial role in maintaining stability and guiding the organization during uncertain times.