Analyze the relationship between 'Fairfax Financial' and 'Prem Watsa' within the context of the input sentence.
Options: stock exchange, publisher, industry, chief executive officer

"Given the volatility of the market, combined with the capital-intensive nature of the business, we believe that APR Energy would benefit from a period as a privately held company as it seeks financial stability," Fairfax Financial Chairman and Chief Executive Prem Watsa said in a statement.
chief executive officer