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A chief operating officer (COO), also called chief operations officer, is an executive in charge of the daily operations of an organization (i.e. personnel, resources, and logistics). COOs are usually second-in-command immediately after the CEO , and report directly to them, acting on their behalf in their absence.
In the biotechnology, information technology, and emerging innovation industries, the chief business officers assume full management responsibility for the company’s deal-making, provide leadership and execute a deal strategy that will allow the company to fulfill its scientific/technology mission and build shareholder value, and provides managerial guidance to the company’s product ...
There are considerable variations in the composition and responsibilities of corporate titles. Within the corporate office or corporate center of a corporation, some corporations have a chairman and chief executive officer (CEO) as the top-ranking executive, while the number two is the president and chief operating officer (COO); other corporations have a president and CEO but no official deputy.
As COO and CFO, Mitchell also spearheads change management. “How I think about managing about 85,000 people within the organization is inspiring them to understand why the changes matter, how it ...
The Deputy Director of the CIA (DDCIA) assists the director in his or her duties as head of the CIA and exercises the powers of the director when the director's position is vacant or in the director's absence or disability. Either the director or deputy director may be a military officer, but both positions may not be filled, at the same time ...
A CFO transition is taking place at the iconic American fashion house Ralph Lauren—and mentoring played a big role. Jane Nielsen, who became CFO in 2016 and added the role of COO in 2019, will ...
The COO job, too, has evolved and expanded to become “more transformative than ever,” writes Darryl Piasecki, a St. Louis–based managing partner for McKinsey who specializes in strategy and ...
The role of operations director generally encompasses the oversight of operational aspects of company strategy with responsibilities to ensure operation information is supplied to the chief executive and the board of directors as well as external parties. [1]