The chief operating officer is second in command after the executive director and works closely with them. They are usually hired by the CEO. The CFO is also hired by the CEO and works alongside the COO at a level below the CEO. They usually also work alongside other senior management positions.
Each company has a different organizational structure, which translates into its chain of command. A company's hierarchy begins with the CEO at the top. Behind the CEO are the vice president and senior management employees, who report directly to the CEO. Then, there are the department managers and supervisors who report to the higher-level executives.
Finally, there are the front-line workers who depend on their respective supervisors and department managers. All employees recognize the structure of the company when there is a chain of command. A chief operating officer or chief operating officer, also called chief operating officer, is one of the highest-ranking executive positions in an organization and is part of the top management. The chief operating officer is usually the second-in-command of the company, especially if the highest-ranking executive is the president and CEO.
The chief operating officer is responsible for the daily operation of the company and its office building and routinely reports to the highest-ranking executive, usually the chief executive (CEO).