Definition of COO Chief Operating Officer
- Posted on November 18, 2019
- Financial Terms
- By admin admin
COO stands for Chief Operating Officer. They are the highest-ranking officer in charge of the daily operations of the firm, and are in charge of the logistics of running the firm, producing the goods, delivering them to products, setting up stores etc. The COO is a common successor when the CEO steps down, due to their integration with the operations of the company.
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