President, COO Salary
A President, COO earns an average salary of $165,312 per year. A skill in Business Strategy is associated with high pay for this job. Most people in this job have more than five years' experience in related jobs.
|Salary||$87,567 - $269,225|
|Bonus||$4,869 - $80,664|
|Profit Sharing||$3,500 - $50,000|
|Total Pay (||$99,659 - $337,302|
Job Description for President, COO
A principal chief operating officer, often referred to as a COO, is an executive position within a company which requires varied and all-inclusive responsibilities. This person is responsible for the company's daily operations and will generally keep extended hours, though some may stick to traditional daytime hours. Formal education requirements for the position also vary greatly; many established companies and organizations require a COO to have obtained a bachelor’s or master's degree in a business-related field, while others choose candidates based on their experience within the field.Read More...
A COO will have a wide variety of responsibilities, but will primarily be responsible for providing leadership, vision, and management skills to ensure that all industry operations and procedures are fulfilled. Other responsibilities include, but are not limited to: gearing the company toward surpassing profitability and business objectives; providing accurate reports regarding operation conditions; leading all development; implementing growth strategies and processes; collaborating with management personnel to accommodate growth objectives; serving as a motivator; maintaining a positive image within the company; and serving as a representative to various clients and business partners.
Those in this position must exhibit natural leadership skills and abilities related to strategic thinking and decision-making. COOs must be able to communicate effectively within the company, as well as with clients and the general public. Overall, they must be extremely versatile and willing to go the extra mile.
President, COO Tasks
- Identify growth and market opportunities.
- Manage overall budget and financial policies, sales, marketing, inventory, and day-to-day administrative operations.
- Direct, coordinate, and evaluate all branches or departments and establish long-term goals and objectives.
- Plan and execute operational strategies to deliver products or services and improve the organization's position within the industry.
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Rated 5 out of 5
based on 26 votes.