CEO, COO & CFO forms the top management of the firm and look after day to day to operations but with different responsibilities. These individuals are hired by board of directors.
CEO(Chief Executive Officer): CEO is one of the highest ranking corporate officer and the head of the management. With the assitance of senior managers CEO implements the decisons approved by board of directors. CEO directly reports to chairman/board of directors . Sometimes, he will be designated as president of the company
COO(Chief operating officer): COO is one of the highest rank manager of a firm responsible for managing the day-to-day activities of the corporation and for operations management. He is often designated as vice president.
CFO(Chief financial officer): CFO is one of the highest rank manager of a firm primarily responsible for managing the financial risks of the business or agency. He also responsible for financial planning, reporting financial performance, preparing budgets and monitoring expenditures and costs. The CFO is required to present this information to the board of directors at regular intervals , to shareholders and to regulatory bodies.
Mohan Bhupathiraju
Mohan Bhupathiraju is a co-founder & editor at LastBull.com. Handled multiple projects in BFSI for few of the Forbes top 100 companies. He works in IT industry in the US. Presently working on start up Ideas in Finance & Technology niches.
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