Chief Executive Officer - CEO
This is the senior manager who is responsible for overseeing the activities
of an entire company.
The CEO usually also holds a position on the board of directors, or also
holds the title of president.
Chief Financial Officer - CFO
This is the senior manager who is responsible for overseeing the financial
activities of an entire company. This includes signing checks, monitoring cash
flow, and financial planning.
The CFO is similar to a treasurer or controller.
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).
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.
Chief Technical Officer - CTO
A chief technical officer or chief technology officer is a business executive
position whose holder is focused on technical issues in a company. It emerged in
the United States in the 1980s as a business-focused extension of the position
of Director of R&D.
During the dot-com and computer boom of the 1990s, many companies used the
CTO title for their main technical person. The MIS and IT community often use
the title CTO as either synonymous with Chief Information Officer, or as a
subordinate to the CIO who is more versed in the technical intricacies. The role
of the CTO varies between companies and industries, but usually relates to
technology. The roles include:
Long term technology direction (strategic)
Short term technology
Business-focused oversight of R&D
in the corporation
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