In these cases, because the vice president of operations manages the development of long-term operational strategies and the chief operating officer oversees the company's daily operations, the company might consider that the chief operating officer is ranked lower than the vice president. A chief operating officer always has a higher rank than a vice president. This is because the position of chief operating officer is higher in the company hierarchy than the position of vice president. The Executive Vice President is superior to the Chief Operating Officer (COO).
The two executive positions have different functions and salaries, but they generally hold the same type of position. The difference in names usually varies depending on the location of the company, the way it is organized and the industry of which it is a part. A chief operating officer is one of the highest-ranking executive positions in an organization and is part of the top management. No, a chief operating officer is not superior to a vice president because they usually hold the same type of position.
Basically, there's no difference between the chief operating officer and the vice president of operations. The difference in names usually varies depending on the location of the company, the way it is organized and the sector to which it belongs. Common high-level executives include the chief executive officer (CEO), chief financial officer (CFO), chief operating officer and chief information officer (CIO). The COO (chief executive officer) is also known as executive vice president of operations, chief operating officer and chief operating officer.
The chief operating officer is responsible for the daily operation of the company and its office building, and is usually accountable to the highest-ranking executive, usually the chief executive officer. A chief operating officer (COO) is responsible for managing daily operations and, at the same time, is accountable to the highest-ranking executive. The Chief Operating Officer (COO) is a senior executive responsible for managing and overseeing 26% of daily administrative operational functions. The vice president of operations leads their departments, while chief operating officers typically have responsibilities that span the entire company, including the position of chief of staff to the chief of staff.
The chief operating officer belongs to the category of “C” positions (chief executive officer, chief operating officer, IT director, chief financial officer), positions that sometimes overlap with those of president and vice presidents. Research in Motion's corporate structure had more than one chief operating officer, including Jim Rowan as director of global operations and Thorsten Heins as director of product operations and sales.
