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Chief Operating Officer - COO
What does it mean?
The senior manager who is responsible for managing the company's day-to-day operations and reporting them to the CEO.
In Other Words...
A company needs a COO because the CEO is usually too busy to monitor production quotas and other factors on a daily basis.
Related Links
Lifting the Lid on CEO Compensation - Make sure you assess whether a CEO has a stake in doing a good job for you, the shareholder.
Related Terms
CEO | CFO
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