CEO vs COO vs CFO - Roles, Responsibilities and Salary

Поділитися
Вставка
  • Опубліковано 28 вер 2024
  • 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
    --------------------------------------------------------------------------------------------------------------
    LET'S CONNECT!
    Visit our Northwest Education website for more details: bit.ly/3zQqpsb
    Career growth advice & resources - bit.ly/3zQXTqq
    Facebook: bit.ly/3Q5UY2E
    Twitter: bit.ly/3zO4oKy
    LinkedIn: bit.ly/3Ske1Ib
    Subscribe to our channel!
    #clevel #csuite #ceo #cfo #coo #ceorole #cforole #coorole #ceo #coo #cfo #csuiteexecutives #clevelexecutives #chiefexecutiveofficer

КОМЕНТАРІ • 39

  • @claudefrancis9128
    @claudefrancis9128 2 роки тому +6

    She explains everything so clearly its just great now i have a better understanding of the different roles of business positions

  • @belawamonajulie3964
    @belawamonajulie3964 2 роки тому +13

    In some cases... CFO can also = to Finance Director.

  • @codyangelette7265
    @codyangelette7265 2 роки тому +13

    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 роки тому +4

      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 Рік тому +2

      The board members aren’t usually employees

    • @lewisyoutube4080
      @lewisyoutube4080 Рік тому +2

      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 Рік тому

      @@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 місяців тому

      Not all company have CFO or COO that affects the average numbers

  • @mustafasahibole5859
    @mustafasahibole5859 2 роки тому +7

    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 роки тому +2

      not that common, I would think. But, usually the gap is made up in equity (significantly).

    • @Heioshi
      @Heioshi 2 роки тому +5

      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 Місяць тому

      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.

  • @adenissack4650
    @adenissack4650 2 роки тому +1

    Chief executive

  • @komsel.education
    @komsel.education Рік тому +1

    Ghaniyyun Haliim
    Sariiul Hisaab

  • @nikyabodigital
    @nikyabodigital 3 роки тому +7

    Arent these Cs the "Board of directors?"

    • @nickleone9566
      @nickleone9566 2 роки тому +1

      No

    • @naveeth8867
      @naveeth8867 2 роки тому +3

      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.

  • @tenikachavis1412
    @tenikachavis1412 11 місяців тому

    Thank you 🤗💕🤗

  • @luiz6041
    @luiz6041 2 роки тому +1

    CEO earns less than the others under him

  • @terrycrews1760
    @terrycrews1760 8 місяців тому +2

    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.

  • @Nedwin
    @Nedwin 2 роки тому +7

    Nice and quite informative video. Thanks!

  • @andriyapradiptakarim5979
    @andriyapradiptakarim5979 2 роки тому +3

    My Request :
    CHIEF EXECUTIVE OFFICER
    CHIEF OPERATING OFFICER
    CHIEF FINANCIAL OFFICER
    CHIEF MARKETING OFFICER
    CHIEF INFORMATION OFFICER
    CHIEF TECHNICAL OFFICER
    CHIEF EXPERIENCE OFFICER

  • @dzikijohnny
    @dzikijohnny Рік тому +3

    I saw a link from Ericka Williams UA-cam channel so I watched your video.

  • @Beezmantv
    @Beezmantv 3 роки тому +4

    *Thank you very much!!*
    😍 ☺️ 😎 😎

  • @kisomizaiditz6067
    @kisomizaiditz6067 Рік тому +2

    Thanks,

  • @michellekoffler2127
    @michellekoffler2127 Рік тому +2

    Think the base salary numbers are off. Think most C levels executives are making $500k. Does anyone else think so?

    • @akira357
      @akira357 Рік тому

      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 Рік тому +1

      @@akira357some ceo make less but get paid more in stock

    • @invertedgod
      @invertedgod Місяць тому

      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.

  • @John83118
    @John83118 8 місяців тому

    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

  • @shaungorham5479
    @shaungorham5479 2 роки тому +1

    Thank You, From Shaun Gorham.

  • @elviraelvira7771
    @elviraelvira7771 Місяць тому

    Для чего нужна музыка в этом видео? Она только мешает воспринимать информацию.

  • @fdcapital
    @fdcapital 2 роки тому +1

    Useful video

  • @leslieemehnjume1080
    @leslieemehnjume1080 11 місяців тому

    Mistake on salaries.
    No one supervises a staff who earns more than them.

  • @agusspiegel
    @agusspiegel 2 роки тому +1

    was this read by a person?

    • @a.e.5477
      @a.e.5477 2 роки тому +1

      it's a script written by human, but read by a software

  • @a.e.5477
    @a.e.5477 2 роки тому +5

    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 роки тому +5

      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