Business VIP (3)
I believe the answer is:
'business vip' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for ceo that I've seen before include "Initially, the top boss" , "Initially, top man in an organisation" , "Initials commonly used for top boss" .)
I've seen this clue in the Universal, The Star Tribune and the USA Today.
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