C-suite positions in corporations are those that are reserved for the top executives. These executives have years of experience and strong decision-making skills. But do you know what each C-suite executive does? Let’s break it down by individual title. CEO or Chief Executive Officer Starting at the top, the CEO ranks highest in the C-suite executive chain of command. This individual is the one responsible for overseeing the entire organization. Specific duties may vary within different industries. Essentially, the CEO is tasked with making sure the organization succeeds on all levels each day. He or she is also the main person who reports to the board of directors. COO or Chief Operating Officer The COO oversees the day-to-day business operations of a company. In most businesses, this position is second in command, reporting directly to the CEO. The COO helps ensure the CEO’s goals are achieved through productive and effective work means and methods. CFO or Chief Financial Officer CFOs are senior personnel who are responsible for the financial health of a company. They continuously track and analyze the finances of the institution. They also have to study market trends and investment strategies to stay ahead of or equal to the competition. CFOs will recommend ways to improve the income and outflow of the company’s capital. Read more: https://joeshew.com/what-c-suite-executives-do/
Published: April 28, 2020
R&R Global Partners
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