CEO vs COO vs CFO - Roles, Responsibilities and Salary

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  • Опубликовано: 15 июл 2021
  • 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
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Комментарии • 36

  • @Nedwin
    @Nedwin 2 года назад +6

    Nice and quite informative video. Thanks!

  • @claudefrancis9128
    @claudefrancis9128 Год назад +6

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

  • @dzikijohnny
    @dzikijohnny Год назад +3

    I saw a link from Ericka Williams RUclips channel so I watched your video.

  • @Beezmantv
    @Beezmantv 2 года назад +4

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

  • @belawamonajulie3964
    @belawamonajulie3964 2 года назад +12

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

  • @fdcapital
    @fdcapital 2 года назад +1

    Useful video

  • @shaungorham5479
    @shaungorham5479 2 года назад +1

    Thank You, From Shaun Gorham.

  • @tenikachavis1412
    @tenikachavis1412 8 месяцев назад

    Thank you 🤗💕🤗

  • @kisomizaiditz6067
    @kisomizaiditz6067 Год назад +2

    Thanks,

  • @terrycrews1760
    @terrycrews1760 5 месяцев назад +1

    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.

  • @codyangelette7265
    @codyangelette7265 2 года назад +10

    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 года назад +2

      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 Год назад +1

      The board members aren’t usually employees

    • @lewisyoutube4080
      @lewisyoutube4080 Год назад +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 11 месяцев назад

      @@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 8 месяцев назад

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

  • @adenissack4650
    @adenissack4650 2 года назад +1

    Chief executive

  • @John83118
    @John83118 5 месяцев назад

    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

  • @michellekoffler2127
    @michellekoffler2127 Год назад +2

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

    • @akira357
      @akira357 Год назад

      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 11 месяцев назад

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

  • @mustafasahibole5859
    @mustafasahibole5859 2 года назад +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 года назад +2

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

    • @Heioshi
      @Heioshi Год назад +4

      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

  • @mohdhelmyibrahim2514
    @mohdhelmyibrahim2514 Год назад +1

    Ghaniyyun Haliim
    Sariiul Hisaab

  • @a.e.5477
    @a.e.5477 2 года назад +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 года назад +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

  • @andriyapradiptakarim5979
    @andriyapradiptakarim5979 Год назад +3

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

  • @leslieemehnjume1080
    @leslieemehnjume1080 8 месяцев назад

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

  • @agusspiegel
    @agusspiegel 2 года назад +1

    was this read by a person?

    • @a.e.5477
      @a.e.5477 2 года назад +1

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

  • @luiz6041
    @luiz6041 2 года назад +1

    CEO earns less than the others under him

  • @nikyabodigital
    @nikyabodigital 2 года назад +7

    Arent these Cs the "Board of directors?"

    • @nickleone9566
      @nickleone9566 2 года назад +1

      No

    • @naveeth8867
      @naveeth8867 2 года назад +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.