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I believe it is the CEO which is the higher. It stands for chief executive officer. For CFO it is chief financial officer. 
CEO is higher than CFO.

Depending on the size of the business/corporation, a CEO can have higher or limited impact. CEO stands for Chief Executive Officer, who generally deal with a broad array of higher-level tasks. Another name for CEO can be known as 'president'. 

CFO stands for Chief Financial Officer. If the name doesn't already give the definition of it up, the CFO takes care of the financial activities of the company. The CFO usually has a great contact with the president (CEO) of the organization to make sure that everything financial-wise is going alright.

To answer your question, CEO is higher than CFO. Chief Executive Officer runs the show while Chief Financial Officer takes care of anything financial. 
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