CEO vs COO vs CFO - Roles, Responsibilities and Salary

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Northwest Executive Education

Northwest Executive Education

Күн бұрын

In the C-suite, the most prominent positions are the CEO, COO, and CFO - the chief executive officer, the chief operations officer, and the chief financial officer. These 3 positions, along with others, form the top-most tier of leadership at any organization. They share certain aspects of their roles but the functional roles are very different.
The difference between CEO, COO and CFO in terms of their roles and responsibilities, is based on their respective functions relative to their departments.
6 key differences between the CEO, the COO, and the CFO -
1) Primary responsibilities
2) Hierarchy
3) Liaising
4) Functional role
5) Culture
6) Challenges
CEO vs COO vs CFO salary -
The salaries of executives in the C-suite are highly dependent on factors such as the size of the company, their own experience, the industry, the kind of company, etc.
To learn more about -
The differences between CEO, COO and CFO, visit - bit.ly/3idSG21
CEO vs CFO - Roles and Responsibilities - bit.ly/3zpThGq
You might also find these helpful -
• What are C-Level Executives? Titles and Responsibilities of C-Level Executives - bit.ly/3SbV6zf
• VP and Director - Which Position is Higher? - bit.ly/3S7fYrk
• CEO vs Managing Director - Is a CEO Higher than an MD? - bit.ly/3S8dyZH
• CEO vs COO vs CFO - Roles, Responsibilities and Salary - bit.ly/3zktZtb
• CEO vs President - What is the Difference? - bit.ly/3JmoSNF
• What is the role of a COO? - bit.ly/3oFCEBw
• Vice President and General Manager - VP & GM Roles and Responsibilities - bit.ly/3oImCXy
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Пікірлер: 39
@claudefrancis9128
@claudefrancis9128 2 жыл бұрын
She explains everything so clearly its just great now i have a better understanding of the different roles of business positions
@belawamonajulie3964
@belawamonajulie3964 2 жыл бұрын
In some cases... CFO can also = to Finance Director.
@Nedwin
@Nedwin 2 жыл бұрын
Nice and quite informative video. Thanks!
@codyangelette7265
@codyangelette7265 2 жыл бұрын
How is the ceo the highest position if they report to the board of directors and get paid less than the other c class executives
@cypsrp7924
@cypsrp7924 2 жыл бұрын
Not really sure about this video, but usually the equity offered to the CEO is far above that of other c-suite folks.
@alexprice5479
@alexprice5479 Жыл бұрын
The board members aren’t usually employees
@lewisyoutube4080
@lewisyoutube4080 Жыл бұрын
My interpretation is basically every business regardless of size will have a CEO, but only the larger companies will have a full C Suite, for example my family have been business owners but they never had a CFO or CCO and just filled the CEO/MD role themselves.
@Goofdipsauce
@Goofdipsauce Жыл бұрын
@@lewisyoutube4080this! Just statistics. And therefore whenever you have another c-suite position he earns more on average but the CEO of that company would earn more than the rest of the c-suite in that company.
@bektinasima7204
@bektinasima7204 11 ай бұрын
Not all company have CFO or COO that affects the average numbers
@Beezmantv
@Beezmantv 3 жыл бұрын
*Thank you very much!!* 😍 ☺️ 😎 😎
@andriyapradiptakarim5979
@andriyapradiptakarim5979 2 жыл бұрын
My Request : CHIEF EXECUTIVE OFFICER CHIEF OPERATING OFFICER CHIEF FINANCIAL OFFICER CHIEF MARKETING OFFICER CHIEF INFORMATION OFFICER CHIEF TECHNICAL OFFICER CHIEF EXPERIENCE OFFICER
@terrycrews1760
@terrycrews1760 8 ай бұрын
These salaries are definitely off. It must be measuring that against small business owners w/less that 1MM in annual revenue which is very very small. Large Middle Market and Corporate organizations with C Suite execs are likely making more like 200-250K on average annually. I’m not even in a VP role at the bank in commercial banking. I’m several several levels down from the top and I make 95K in salary and about 105 total after bonus. Like I said somethings.
@dzikijohnny
@dzikijohnny Жыл бұрын
I saw a link from Ericka Williams KZbin channel so I watched your video.
@shaungorham5479
@shaungorham5479 2 жыл бұрын
Thank You, From Shaun Gorham.
@fdcapital
@fdcapital 2 жыл бұрын
Useful video
@elviraelvira7771
@elviraelvira7771 2 ай бұрын
Для чего нужна музыка в этом видео? Она только мешает воспринимать информацию.
@michellekoffler2127
@michellekoffler2127 Жыл бұрын
Think the base salary numbers are off. Think most C levels executives are making $500k. Does anyone else think so?
@akira357
@akira357 Жыл бұрын
Oh yeah it's wwwwaaayyyy off. Lol there's noway in heck these guys making only 100k and happily walk into a Porsche dealership and pick one up. The the video credit, it probably the actual average given how they can write off ALL THEIR EXPENSES as business expenses...thus keeping their tax bracket low
@justincarrizales1206
@justincarrizales1206 Жыл бұрын
@@akira357some ceo make less but get paid more in stock
@invertedgod
@invertedgod Ай бұрын
think $200k+ in well off companies. the average salary is probably being thrown off by smaller companies. and i can guarantee that no c-suite execs are making close to 500k unless they had a hand founding the company or the companies revenue is insane. the board would not allow them to rake in so much profit.
@kisomizaiditz6067
@kisomizaiditz6067 Жыл бұрын
Thanks,
@luiz6041
@luiz6041 2 жыл бұрын
CEO earns less than the others under him
@mustafasahibole5859
@mustafasahibole5859 2 жыл бұрын
Thanks for sharing this video. I have one doubt regarding salaries, when CEO is higher then CFO then how CFO's salary is higher then CEO?
@cypsrp7924
@cypsrp7924 2 жыл бұрын
not that common, I would think. But, usually the gap is made up in equity (significantly).
@Heioshi
@Heioshi 2 жыл бұрын
Probably because many companies have CEOs, even the small ones, which lowers the average while COO and CFO are likely to be found only in relatively large organisations which doesn't hurt their average
@freddytonnesen4099
@freddytonnesen4099 Ай бұрын
Because small companies doesn’t have COO and CFO but probably a CEO who have little to non salary in some start-up companies. So that’s why the CEO salary average down compared to COO and CFO. However, in a company with all three positions, the CEO probably have the highest salary.
@komsel.education
@komsel.education Жыл бұрын
Ghaniyyun Haliim Sariiul Hisaab
@leslieemehnjume1080
@leslieemehnjume1080 11 ай бұрын
Mistake on salaries. No one supervises a staff who earns more than them.
@John83118
@John83118 8 ай бұрын
This content is pioneering; much like a book that introduced novel ideas in its genre. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
@nikyabodigital
@nikyabodigital 3 жыл бұрын
Arent these Cs the "Board of directors?"
@nickleone9566
@nickleone9566 2 жыл бұрын
No
@naveeth8867
@naveeth8867 2 жыл бұрын
They would have a seat on the board (maybe not all 3, but at least the CEO), but the board is also made up of other key stakeholders. For example, people who own or represent companies that own a large % of the shares (e.g. early investors) or advisors that have been elected onto the board.
@a.e.5477
@a.e.5477 2 жыл бұрын
Avg salaries are misleading the video says avg. CEO salary is $116k per year and the Avg. COO salary is $123k ... i.e. higher than the CEO?
@zanrahan
@zanrahan 2 жыл бұрын
Generally only larger companies that pay higher have COO hence the higher average salary. There’s plenty of start ups that have CEOs but no COOs
@adenissack4650
@adenissack4650 2 жыл бұрын
Chief executive
@tenikachavis1412
@tenikachavis1412 11 ай бұрын
Thank you 🤗💕🤗
@agusspiegel
@agusspiegel 2 жыл бұрын
was this read by a person?
@a.e.5477
@a.e.5477 2 жыл бұрын
it's a script written by human, but read by a software
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