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What is a president & chief operating officer and how to become one
Management teams are composed of different individuals who oversee the performance of the department they lead. One may oversee finance, while another may oversee marketing or human resources, or legal processes. One member may handle information technology, while another may be assigned to oversee the overall operations. Sometimes, one member of the team may have dual roles, such as being both the president and the chief operating officer.
Presidents and chief operating officers are high-ranking officials in a company, if not the highest-ranking. They run the whole company and are in charge of the execution of the company's strategic plans. They also make crucial company decisions and set directives. In addition, they manage the operations side of the business. They create plans to improve operations efficiency and ensure that these plans are implemented.
If you have high business acumen, a strategic mindset, and leadership capabilities, you might be born to lead companies. Just make sure you persevere and make connections with the right people.
Avg. Salary $211,982
Avg. Salary $59,228
Growth rate 6%
Growth rate 0.3%
American Indian and Alaska Native 0.65%
Asian 7.73%
Black or African American 3.79%
Hispanic or Latino 7.87%
Unknown 3.90%
White 76.06%
Genderfemale 13.92%
male 86.08%
Age - 52American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 52Stress level is very high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
President & chief operating officer career paths
Key steps to become a president & chief operating officer
Explore president & chief operating officer education requirements
Start to develop specific president & chief operating officer skills
Skills Percentages Financial Performance 11.38% Revenue Growth 7.29% Product Development 7.12% R 6.53% Strategic Partnerships 4.63% Research president & chief operating officer duties and responsibilities
- Establish, manage and coordinate activities of this start-up management company specializing in turning around trouble health insurance plans.
- Institute financial and operational audits as part of normal ISO audit program to monitor branch operations.
- Change this mid-size flexible packaging company from annual EBITDA losses of $-900K to a 3 year EBITDA avg.
- Establish new partnerships in Asia for sourcing, manufacturing, leading engine technology, ISO certification for parent company.
Get president & chief operating officer experience
Generally, it takes more than 10 years to become a president & chief operating officer. The most common roles before becoming a president & chief operating officer include vice president, senior vice president team lead and president.Prepare your president & chief operating officer resume
When your background is strong enough, you can start writing your president & chief operating officer resume.
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Apply for president & chief operating officer jobs
Now it's time to start searching for a president & chief operating officer job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
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Average president & chief operating officer salary
The average president & chief operating officer salary in the United States is $211,982 per year or $102 per hour. President & chief operating officer salaries range between $114,000 and $391,000 per year.
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Updated January 8, 2025
