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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.
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.
Chief operating officer (COO) – Executive position; Chief procurement officer (CPO) – Highest level executive in charge of acquiring goods and services at a company; Chief revenue officer (CRO) – Corporate executive title; Chief technology officer (CTO) – Officer in charge of technical operations
A COO’s core job is to ensure "the trains run efficiently, and one of the truest measurements of efficiency is financial health,” Scott W. Simmons, comanaging partner at Crist Kolder told me.
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 ...
Corporate titles or business titles are given to company and organization officials to show what job function, and seniority, a person has within an organisation. [1] The most senior roles, marked by signing authority, are often referred to as "C-level", "C-suite" or "CxO" positions because many of them start with the word "chief". [2]