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Become A President & Chief Operating Officer

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Working As A President & Chief Operating Officer

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Coordinating the Work and Activities of Others
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Make Decisions

  • Stressful

  • $134,540

    Average Salary

What Does A President & Chief Operating Officer Do At Bank of America

* Review supervisory commentary to ensure it conforms with BAC Policy Requirement
* Proactively identify and recommend process improvements to enhance compliance with BAC Policy Requirements
* Engage with BCO’s, as necessary, to discuss and review initial QA results
* Develop subject matter expertise to be viewed as an additional resource for BCO’s

How To Become A President & Chief Operating Officer

Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience. 

Education

Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).

College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.

Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.

Work Experience in a Related Occupation

Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.

Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.

Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.

Important Qualities

Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.

Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.

Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.

Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.

Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.

Time-management skills. Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals.

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President & Chief Operating Officer jobs

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President & Chief Operating Officer Demographics

Gender

  • Male

    75.0%
  • Female

    22.7%
  • Unknown

    2.3%

Ethnicity

  • White

    84.3%
  • Hispanic or Latino

    7.6%
  • Asian

    6.2%
  • Unknown

    1.4%
  • Black or African American

    0.6%
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Languages Spoken

  • Spanish

    41.2%
  • French

    11.8%
  • Italian

    6.7%
  • Chinese

    6.7%
  • Portuguese

    5.9%
  • German

    5.9%
  • Mandarin

    5.0%
  • Japanese

    3.4%
  • Russian

    1.7%
  • Greek

    1.7%
  • Carrier

    1.7%
  • Arabic

    1.7%
  • Swedish

    0.8%
  • Telugu

    0.8%
  • Dutch

    0.8%
  • Korean

    0.8%
  • Cantonese

    0.8%
  • Tagalog

    0.8%
  • Serbian

    0.8%
  • Hakka

    0.8%
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President & Chief Operating Officer

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President & Chief Operating Officer Education

President & Chief Operating Officer

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Real President & Chief Operating Officer Salaries

Job Title Company Location Start Date Salary
President and Chief Operating Officer Peabody Investments Corp. Saint Louis, MO Sep 09, 2013 $800,000
President and Chief Operating Officer Peabody Investments Corp. Saint Louis, MO Aug 26, 2014 $800,000
KFC Global President and YUM COO Yum! Restaurants International, Inc. Plano, TX Dec 01, 2014 $700,000
KFC Global President and YUM COO Yum! Brands, Inc. Plano, TX Dec 01, 2014 $700,000
President and Chief Operating Officer Infinity World Development Corp Las Vegas, NV Mar 30, 2010 $500,000 -
$750,000
President and Chief Operating Officer Infinity World Development Corp Las Vegas, NV Mar 22, 2010 $500,000 -
$750,000
President and Chief Operating Officer Wilton Brands LLC Woodridge, IL Jan 16, 2013 $420,000
President and Chief Operating Officer Intercept Pharmaceuticals, Inc. New York, NY Sep 19, 2010 $350,000
President & COO, TGI Fridays International TGI Friday's Inc. Carrollton, TX Aug 11, 2010 $333,950
President & COO Nature's Sunshine Products Inc. Provo, UT Jan 02, 2012 $325,000
President-Chief Operating Officer The Uniform Superstore, Inc. Houston, TX May 15, 2012 $300,000
President and COO WUXI Nextcode Genomics USA, Inc. Cambridge, MA Apr 20, 2015 $300,000 -
$400,000
VP, Chief Operating Officer, Biosurgery Global Strategic UNI Sanofi Us Services Inc. Cambridge, MA Oct 09, 2016 $281,041 -
$421,561
SR. Vice President & Chief Operations Officer, GLO Pepsico, Inc. NY Nov 15, 2010 $265,000
President and Chief Operating Officer Broadreach Healthcare Arlington, VA Jan 01, 2011 $265,000
Vice President & Chief Operating Officer Sutter Health San Francisco, CA Aug 22, 2014 $257,400
Division President, Chief Operating Officer Anchor Brewers & Distillers, LLC San Francisco, CA Oct 18, 2013 $252,000
Division President, Chief Operating Officer Anchor Brewers & Distillers LLC San Francisco, CA Mar 13, 2015 $252,000
President and Chief Operating Officer The Marshall Retail Group, LLC Las Vegas, NV Jun 06, 2016 $225,035 -
$325,000
President, Chief Operating Officer New Dream Network LLC Los Angeles, CA Jan 15, 2015 $225,000
Vice President and Chief Operating Officer Oxygen Development LLC Palm Springs, FL Nov 23, 2012 $225,000
President, Chief Operating Officer New Dream Network, LLC Brea, CA Jan 22, 2013 $225,000
President and Chief Operating Officer Anchor Brewers & Distillers, LLC San Francisco, CA Oct 18, 2013 $211,349
President and Chief Operations Officer Markov Processes International Summit, NJ Oct 15, 2009 $200,000
Vice President/Coo Prestige Autotech Corporation Chino, CA Sep 15, 2011 $200,000 -
$230,400

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Top Skills for A President & Chief Operating Officer

FinancialPerformanceRevenueGrowthNewProductDevelopmentStrategicPartnershipsPBusinessDevelopmentCustomerServiceOversightBusinessPlanAdditionalRegulatoryComplianceSafetyDirectReportsLogisticsStrategicPlanRealEstateHealthcareProjectManagementAnnualRevenueHumanResources

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Top President & Chief Operating Officer Skills

  1. Financial Performance
  2. Revenue Growth
  3. New Product Development
You can check out examples of real life uses of top skills on resumes here:
  • Managed all day to day operations with an unwavering commitment to outstanding customer service and solid financial performance.
  • Key Accomplishments: Ignited revenue growth of $800M in 13 global operating sites with 2,000+ employees.
  • Managed sales, distribution, new product development and launch, advertising and public relations activities.
  • Manage key client relationships to foster new business growth and continue strategic partnerships.
  • Recruited, developed, motivated and retained high level account executives.

Top President & Chief Operating Officer Employers

President & Chief Operating Officer Videos

Career Advice on becoming a Chief Operating Officer by Rob S (Full Version)

Fireside Chat With John F. Milligan, PhD, President and Chief Operating Officer, Gilead Sciences

Edward L. Monser, President and Chief Operating Officer of Emerson

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