A Chief Operating Officer (COO) is a corporate officer responsible for managing the day-to-day activities of the corporation. The COO is one of the highest ranking members of an organization, monitoring the daily operations of the company and reporting to the Board of Directors. The COO is usually an executive or senior vice president. It has been suggested that this article or section be merged into Corporate title. ... Corporate redirects here. ... A vice president is an officer in government or business who is next in rank below a president. ...
The chief operating officer is responsible for operations management (OM). The focus of the COO is on strategic, tactical, and short-term OM, which means he or she is responsible for the design, operation, and improvement of the systems that create and deliver the firm's products/services. Managers need to understand the real work behind the company's core operations, and the buck stops with the COO, whose primary concern is operations improvement. The duties of the COO may reside in certain organizations with a Vice President of Operations. Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. ...
In that role, Pilcher is responsible for day-to-day operations of our City government, with its 2,000 employees and $500 million annual budget.
As ChiefOperatingOfficer, Pilcher says his goal is to make the City more responsive and effective in its delivery of services.
Previously, he was the chiefoperatingofficer at ConoverBond Development, vice president for strategic planning at Sunhawk.com, director of seaport business services at the Port of Seattle, and worked in management at Glacier Park Co. and its parent company, Burlington Resources.
Veteran investment banker William Downe has been promoted to be chiefoperatingofficer of Bank of Montreal, making him a potential successor to chief executive officer Tony Comper.
As COO he will report directly to Comper and will be responsible for all of BMO's operating units, the bank said.
CIBC chief executive Gerald McCaughey spent almost a year being groomed as president and COO before officially taking the reins from John Hunkin.
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