Chief Operating Officer - COO

Loading the player...

DEFINITION of 'Chief Operating Officer - COO'

The senior manager who is responsible for managing the company's day-to-day operations and reporting them to the chief executive officer (CEO).

BREAKING DOWN 'Chief Operating Officer - COO'

A company needs a chief operating officer (COO) because the CEO is usually too busy to monitor production quotas and other factors on a daily basis.

RELATED TERMS
  1. Chief Legal Officer - CLO

    A publicly traded company's most powerful legal executive. The ...
  2. Leadership

    The ability of a company's management to make sound decisions ...
  3. The National Association of College ...

    An organization dedicated to furthering the interests of professionals ...
  4. Corporate Headquarters

    A place where a company's executive offices and executives' direct ...
  5. C-Suite

    A widely-used slang term used to collectively refer to a corporation's ...
  6. Chief Executive Officer - CEO

    The highest ranking executive in a company whose main responsibilities ...
Related Articles
  1. Stock Analysis

    The Economics of Birchbox

    Find out how subscription-based Birchbox makes money from its monthly sample box model. Read more on the next steps in Birchbox's expansion.
  2. Professionals

    The Path To Becoming A CEO

    Think you have what it takes to be chief executive? Find out what those at the top have in common.
  3. Professionals

    Project Manager: Career Path & Qualifications

    Learn more about what project managers job, the qualifications necessary for the position and the most common careers for these professionals.
  4. Stock Analysis

    The Top 5 Disney Shareholders

    Learn about the top individual shareholders of Walt Disney Company stock and their connections to the hugely successful media corporation.
  5. Fundamental Analysis

    The Basics Of Corporate Structure

    CEOs, CFOs, presidents and vice presidents: learn how to tell the difference.
  6. Professionals

    What Does a Chief Operating Officer (COO) Do?

    The Chief Operating Officer (COO) is usually considered the second-in-command at most corporations.
  7. Entrepreneurship

    Female CEOs Who Climbed The Corporate Ladder

    These women climbed the ladder and broke the glass ceiling.
  8. Active Trading Fundamentals

    Evaluating A Company's Management

    Financial statements don't tell you everything about a company's health. Investigate the management behind the numbers!
  9. Options & Futures

    A Guide To CEO Compensation

    Make sure you assess whether a CEO has a stake in doing a good job for you, the shareholder.
  10. Markets

    Get Tough On Management Puff

    Company managers are often skilled at fooling investors. Be critical and don't believe the hype.
RELATED FAQS
  1. Why is trading volume usually higher when the price of a security is changing?

    The typical day-to-day responsibilities of a chief operating officer (COO) vary from company to company, based on company ... Read Full Answer >>
  2. Why is it less than ideal for a CEO of a company to also hold the position of COO?

    When it comes to executive-level positions within an organization, assigned titles and the roles associated with each can ... Read Full Answer >>
  3. What is Tim Cook's career and educational background? (AAPL)

    Timothy D. Cook ascended from a small-town in Alabama to become the head of a global corporation, Apple Inc. Educated as ... Read Full Answer >>
  4. What are some high profile cases of companies who failed to be socially responsible?

    Examples of high-profile cases of companies that failed to be socially responsible include Enron, WorldCom and Adelphia. ... Read Full Answer >>
  5. What are the key differences between pro forma statements and GAAP statements?

    The U.S. generally accepted accounting principles (GAAP) require companies to adhere to uniform reporting standards that ... Read Full Answer >>
  6. How do the C-suite members work together to make a successful company?

    Corporate managers, typically chosen by a board of directors in large organizations, are ultimately responsible to stakeholders ... Read Full Answer >>
Hot Definitions
  1. Flight To Quality

    The action of investors moving their capital away from riskier investments to the safest possible investment vehicles. This ...
  2. Discouraged Worker

    A person who is eligible for employment and is able to work, but is currently unemployed and has not attempted to find employment ...
  3. Ponzimonium

    After Bernard Madoff's $65 billion Ponzi scheme was revealed, many new (smaller-scale) Ponzi schemers became exposed. Ponzimonium ...
  4. Quarterly Earnings Report

    A quarterly filing made by public companies to report their performance. Included in earnings reports are items such as net ...
  5. Dark Pool Liquidity

    The trading volume created by institutional orders that are unavailable to the public. The bulk of dark pool liquidity is ...
Trading Center