Chief Operating Officer - COO

AAA

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).

INVESTOPEDIA EXPLAINS '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.

VIDEO

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. The Basics Of Corporate Structure
    Investing Basics

    The Basics Of Corporate Structure

  2. The Path To Becoming A CEO
    Professionals

    The Path To Becoming A CEO

  3. Female CEOs Who Climbed The Corporate ...
    Entrepreneurship

    Female CEOs Who Climbed The Corporate ...

  4. Evaluating A Company's Management
    Active Trading Fundamentals

    Evaluating A Company's Management

comments powered by Disqus
Hot Definitions
  1. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  2. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  3. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  4. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  5. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  6. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
Trading Center