How much does a director of operations make. Director of Operations Salary: Comprehensive Guide to Compensation and Career Prospects

How much does a Director of Operations earn. What factors influence their salary. What are the key responsibilities of this role. How can one advance to this position. What industries offer the highest salaries for Directors of Operations.

Understanding the Role of a Director of Operations

The Director of Operations plays a crucial role in organizations across various industries. This high-level executive position is responsible for overseeing the day-to-day operations of a company, ensuring efficiency, productivity, and profitability. Their duties often encompass strategic planning, resource allocation, and performance management.

Key Responsibilities

• Developing and implementing operational strategies
• Managing budgets and financial planning
• Overseeing multiple departments and teams
• Ensuring compliance with regulations and company policies
• Optimizing processes and workflows
• Collaborating with other executives to achieve organizational goals

Understanding these responsibilities is crucial for those aspiring to this role or seeking to hire a Director of Operations. The breadth of duties reflects the importance and complexity of the position within an organization.

Salary Range for Directors of Operations

The salary of a Director of Operations can vary significantly based on several factors. On average, the annual compensation for this role ranges from $100,000 to $250,000 in the United States. However, top earners in this position can command salaries exceeding $300,000, especially in large corporations or high-cost-of-living areas.

Factors Influencing Salary

1. Company size and revenue
2. Industry sector
3. Geographic location
4. Years of experience
5. Educational background
6. Specific skillset and expertise

Is there a significant difference in salaries between industries. Indeed, certain sectors tend to offer higher compensation for Directors of Operations. Technology, finance, and healthcare industries often provide more lucrative packages due to the complexity of operations and the high stakes involved in these fields.

Regional Variations in Director of Operations Salaries

Geographic location plays a substantial role in determining the salary of a Director of Operations. Major metropolitan areas and tech hubs typically offer higher salaries to compensate for the increased cost of living and to attract top talent.

Top-Paying Cities for Directors of Operations

• San Francisco, CA
• New York, NY
• Boston, MA
• Seattle, WA
• Los Angeles, CA

Do rural areas offer competitive salaries for this role. While salaries in rural areas are generally lower, some companies in these regions may offer competitive packages to attract experienced professionals. Additionally, the lower cost of living in these areas can offset the salary difference, potentially resulting in a higher quality of life.

Education and Experience Requirements

Becoming a Director of Operations typically requires a combination of education and extensive experience in management and operations. Most organizations expect candidates to have at least a bachelor’s degree, with many preferring or requiring a master’s degree in business administration (MBA) or a related field.

Typical Educational Background

• Bachelor’s degree in Business Administration, Operations Management, or related field
• MBA or Master’s in Operations Management (often preferred)
• Relevant certifications (e.g., Six Sigma, Project Management Professional)

How many years of experience are typically required for this role. Most companies look for candidates with at least 7-10 years of progressive experience in operations management. This experience should demonstrate a track record of successfully managing teams, implementing strategic initiatives, and driving operational excellence.

Career Path to Becoming a Director of Operations

The journey to becoming a Director of Operations often involves climbing the corporate ladder through various operational and managerial roles. This progression allows individuals to gain the necessary skills, experience, and industry knowledge required for the position.

Common Career Progression

1. Entry-level operations or management position
2. Operations Manager or Department Manager
3. Senior Operations Manager
4. Director of Operations
5. Vice President of Operations
6. Chief Operating Officer (COO)

Is it possible to fast-track this career path. While rare, some individuals may accelerate their progression through exceptional performance, additional education, or by joining rapidly growing startups where responsibilities can expand quickly. However, the depth of experience gained through a more traditional path is often valuable in successfully executing the role of Director of Operations.

Skills and Competencies for Success

To excel as a Director of Operations, individuals must possess a diverse set of skills and competencies. These abilities enable them to navigate complex organizational challenges, lead teams effectively, and drive operational excellence.

Essential Skills for Directors of Operations

• Strategic thinking and planning
• Financial acumen and budgeting
• Project management
• Leadership and team management
• Problem-solving and decision-making
• Communication and interpersonal skills
• Change management
• Data analysis and interpretation

Which skill is most critical for success in this role. While all these skills are important, strategic thinking and planning are often considered crucial for Directors of Operations. The ability to develop and implement long-term strategies that align with organizational goals is fundamental to driving sustainable growth and operational efficiency.

Industry-Specific Considerations for Directors of Operations

The role of a Director of Operations can vary significantly across different industries, each presenting unique challenges and opportunities. Understanding these industry-specific nuances is crucial for professionals looking to specialize or transition between sectors.

Industry Variations

• Manufacturing: Focus on supply chain management and lean operations
• Healthcare: Emphasis on regulatory compliance and patient care logistics
• Technology: Rapid scaling and agile methodologies
• Retail: Inventory management and omnichannel operations
• Finance: Risk management and regulatory compliance

Are certain industries more challenging for Directors of Operations. Industries undergoing rapid transformation, such as technology and healthcare, often present more complex challenges due to the pace of change and regulatory pressures. However, these sectors also offer opportunities for innovation and significant impact.

Compensation Beyond Base Salary

While base salary is a significant component of a Director of Operations’ compensation, it’s important to consider the total compensation package. Many organizations offer additional benefits and incentives that can substantially increase the overall value of the position.

Common Additional Compensation Elements

• Performance bonuses
• Stock options or equity grants
• Profit-sharing plans
• Health and wellness benefits
• Retirement plans (e.g., 401(k) with company match)
• Professional development allowances
• Relocation assistance

How significant can these additional components be. In some cases, particularly in high-growth companies or industries, performance bonuses and equity compensation can equal or even exceed the base salary. This structure aligns the Director’s interests with the company’s success and can lead to substantial financial rewards.

Future Outlook and Trends for Directors of Operations

The role of Director of Operations is evolving in response to technological advancements, changing business models, and global economic shifts. Understanding these trends is crucial for current and aspiring Directors to remain competitive and drive value in their organizations.

Emerging Trends

1. Increased focus on data-driven decision making
2. Integration of artificial intelligence and machine learning in operations
3. Emphasis on sustainability and corporate social responsibility
4. Rise of remote and hybrid work models
5. Greater need for cross-functional collaboration

How will these trends impact the skills required for future Directors of Operations. As operations become more technologically advanced and data-driven, Directors will need to develop stronger analytical skills and technological literacy. Additionally, the ability to manage remote teams and drive innovation in distributed work environments will become increasingly important.

The role of Director of Operations continues to be a critical position in organizations across various industries. With competitive salaries, diverse responsibilities, and opportunities for significant impact, it remains an attractive career path for ambitious professionals. As the business landscape evolves, Directors of Operations must stay adaptable, embracing new technologies and methodologies to drive operational excellence and contribute to their organizations’ success.

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2021 Director of Operations Salary in Seattle (Updated Daily)

Account Executive

Account Manager

Accountant

Analytics Manager

Android Developer

Art Director

Associate Product Manager

Automation Engineer

Brand Manager

Budget Analyst

Business Analyst

Business Development Manager

Business Development Representative

Business Intelligence Analyst

Business Intelligence Developer

Business Intelligence Manager

CCO (Chief Creative Officer)

CFO (Chief Financial Officer)

Chief People Officer

CIO (Chief Information Officer)

Client Success Manager

CMO (Chief Marketing Officer)

Community Manager

Content Manager

Content Marketing Manager

Content Strategist

Controller

COO (Chief Operating Officer)

Copywriter

CPO (Chief Product Officer)

Creative Director

CRO (Chief Revenue Officer)

CTO (Chief Technology Officer)

Customer Support Manager

Customer Support Rep

Data Analyst

Data Architect

Data Engineer

Data Engineering Manager

Data Scientist

Database Administrator

Design Director

Desktop Support

DevOps Engineer

Digital Marketing Manager

Director of Analytics

Director of Customer Success

Director of Marketing

Director of Operations

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Front End Developer

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HR Coordinator

HR Director

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Inside Sales Manager

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Junior Business Analyst

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Lead Software Engineer

Machine Learning Engineer

Marketing Associate

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Office Manager

Operations Associate

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Recruiter

Sales Development Representative

Sales Director

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Salesforce Developer

Scrum Master

Security Engineer

Senior Accountant

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Senior Marketing Manager

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Senior Software Engineer

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SEO Manager

SEO Specialist

Site Reliability Engineer

Social Media Manager

Software Engineer

Software Test Engineer

Systems Engineer

Technical Product Manager

Technical Project Manager

Technical Recruiter

Technical Support

Technical Writer

UI Designer

UX Designer

UX Researcher

Vice President of Care

Vice President of Engineering

Vice President of Finance

Vice President of Human Resources

Vice President of Marketing

Vice President of Operations

Vice President of People

Vice President of Product

Vice President of Sales

Vice President of Talent Acquisition

Visual Designer

2021 Director of Operations Salary San Francisco Bay Area (Updated Daily)

Account Executive

Account Manager

Accountant

Analytics Manager

Android Developer

Art Director

Associate Product Manager

Automation Engineer

Brand Manager

Budget Analyst

Business Analyst

Business Development Manager

Business Development Representative

Business Intelligence Analyst

Business Intelligence Developer

Business Intelligence Manager

CFO (Chief Financial Officer)

Chief Information Officer

Chief People Officer

Client Success Manager

CMO (Chief Marketing Officer)

Community Manager

Content Manager

Content Marketing Manager

Content Strategist

Controller

COO (Chief Operating Officer)

Copywriter

CPO (Chief Product Officer)

Creative Chief Officer

Creative Director

CRO (Chief Revenue Officer)

CTO (Chief Technology Officer)

Customer Support Manager

Customer Support Rep

Data Analyst

Data Architect

Data Engineer

Data Engineering Manager

Data Scientist

Database Administrator

Design Director

Desktop Support

DevOps Engineer

Digital Marketing Manager

Director of Analytics

Director of Customer Success

Director of Marketing

Director of Operations

Director of Product Management

Director of Product Marketing

Director of Product Marketing

Director of Software Engineering

Editor

Email Marketing Manager

Engineering Manager

Event Planner

Finance Director

Financial Analyst

Front End Developer

Game Developer

Hardware Engineer

HR Coordinator

HR Director

HR Manager

HR Specialist

Implementation Manager

Implementation Specialist

Inside Sales Manager

Inside Sales Representative

iOS Developer

Junior Business Analyst

Junior Data Analyst

Junior Data Scientist

Junior Software Engineer

Lead Software Engineer

Machine Learning Engineer

Marketing Associate

Marketing Coordinator

Marketing Manager

Marketing Operations Manager

Office Manager

Operations Associate

Operations Manager

Principal Software Engineer

Product Analyst

Product Designer

Product Manager

Product Marketing Manager

Product Owner

Project Coordinator

Project Manager

Public Relations Manager

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QA Analyst

QA Engineer

QA Manager

Recruiter

Sales Development Representative

Sales Director

Sales Engineer

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Sales Operations Manager

Salesforce Developer

Scrum Master

Security Engineer

Senior Accountant

Senior Business Analyst

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Senior Marketing Manager

Senior Product Manager

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Senior Project Manager

Senior Recruiter

Senior Software Engineer

Senior Technical Writer

Senior UI Designer

Senior UX Designer

SEO Manager

SEO Specialist

Site Reliability Engineer

Social Media Manager

Software Engineer

Software Test Engineer

Systems Engineer

Technical Product Manager

Technical Project Manager

Technical Recruiter

Technical Support

Technical Writer

UI Designer

UX Designer

UX Researcher

Vice President of Care

Vice President of Engineering

Vice President of Finance

Vice President of Human Resources

Vice President of Marketing

Vice President of Operations

Vice President of People

Vice President of Product

Vice President of Sales

Vice President of Talent Acquisition

Visual Designer

Average Regional Director Of Operations Salary 2021: by State & Field

2021 Director of Operations Salary in Austin (Updated Daily)

Account Executive

Account Manager

Accountant

Analytics Manager

Android Developer

Art Director

Associate Product Manager

Automation Engineer

Brand Manager

Budget Analyst

Business Analyst

Business Development Manager

Business Development Representative

Business Intelligence Analyst

Business Intelligence Developer

Business Intelligence Manager

CCO (Chief Creative Officer)

CFO (Chief Financial Officer)

Chief People Officer

CIO (Chief Information Officer)

Client Success Manager

CMO (Chief Marketing Officer)

Community Manager

Content Manager

Content Marketing Manager

Content Strategist

Controller

COO (Chief Operating Officer)

Copywriter

CPO (Chief Product Officer)

Creative Director

CRO (Chief Revenue Officer)

CTO (Chief Technology Officer)

Customer Support Manager

Customer Support Rep

Data Analyst

Data Architect

Data Engineer

Data Engineering Manager

Data Scientist

Database Administrator

Design Director

Desktop Support

DevOps Engineer

Digital Marketing Manager

Director of Analytics

Director of Customer Success

Director of Marketing

Director of Operations

Director of Product Management

Director of Product Marketing

Director of Product Marketing

Director of Software Engineering

Editor

Email Marketing Manager

Engineering Manager

Event Planner

Finance Director

Financial Analyst

Front End Developer

Game Developer

Hardware Engineer

HR Coordinator

HR Director

HR Manager

HR Specialist

Implementation Manager

Implementation Specialist

Inside Sales Manager

Inside Sales Representative

iOS Developer

Junior Business Analyst

Junior Data Analyst

Junior Data Scientist

Junior Software Engineer

Lead Software Engineer

Machine Learning Engineer

Marketing Associate

Marketing Coordinator

Marketing Manager

Marketing Operations Manager

Office Manager

Operations Associate

Operations Manager

Principal Software Engineer

Product Analyst

Product Designer

Product Manager

Product Marketing Manager

Product Owner

Project Coordinator

Project Manager

Public Relations Manager

Public Relations Specialist

QA Analyst

QA Engineer

QA Manager

Recruiter

Sales Development Representative

Sales Director

Sales Engineer

Sales Manager

Sales Operations Analyst

Sales Operations Manager

Salesforce Developer

Scrum Master

Security Engineer

Senior Accountant

Senior Business Analyst

Senior Data Analyst

Senior Data Engineer

Senior Data Scientist

Senior Financial Analyst

Senior Marketing Manager

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Senior Product Marketing Manager

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Senior Recruiter

Senior Software Engineer

Senior Technical Writer

Senior UI Designer

Senior UX Designer

SEO Manager

SEO Specialist

Site Reliability Engineer

Social Media Manager

Software Engineer

Software Test Engineer

Systems Engineer

Technical Product Manager

Technical Project Manager

Technical Recruiter

Technical Support

Technical Writer

UI Designer

UX Designer

UX Researcher

Vice President of Care

Vice President of Engineering

Vice President of Finance

Vice President of Human Resources

Vice President of Marketing

Vice President of Operations

Vice President of People

Vice President of Product

Vice President of Sales

Vice President of Talent Acquisition

Visual Designer

2021 Director of Operations Salary in US (Updated Daily)

Account Executive

Account Manager

Accountant

Analytics Manager

Android Developer

Art Director

Associate Product Manager

Automation Engineer

Brand Manager

Budget Analyst

Business Analyst

Business Development Manager

Business Development Representative

Business Intelligence Analyst

Business Intelligence Developer

Business Intelligence Manager

CCO (Chief Creative Officer)

CFO (Chief Financial Officer)

Chief Information Officer

Chief People Officer

CIO (Chief Information Officer)

Client Success Manager

CMO (Chief Marketing Officer)

Community Manager

Content Manager

Content Marketing Manager

Content Strategist

Controller

COO (Chief Operating Officer)

Copywriter

CPO (Chief Product Officer)

Creative Chief Officer

Creative Director

CRO (Chief Revenue Officer)

CTO (Chief Technology Officer)

Customer Support Manager

Customer Support Rep

Data Analyst

Data Architect

Data Engineer

Data Engineering Manager

Data Scientist

Database Administrator

Design Director

Desktop Support

DevOps Engineer

Digital Marketing Manager

Director of Analytics

Director of Customer Success

Director of Marketing

Director of Operations

Director of Product Management

Director of Product Marketing

Director of Software Engineering

Editor

Email Marketing Manager

Engineering Manager

Event Planner

Finance Director

Financial Analyst

Front End Developer

Game Developer

Hardware Engineer

HR Coordinator

HR Director

HR Manager

HR Specialist

Implementation Manager

Implementation Specialist

Inside Sales Manager

Inside Sales Representative

iOS Developer

Junior Business Analyst

Junior Data Analyst

Junior Data Scientist

Junior Software Engineer

Lead Software Engineer

Machine Learning Engineer

Marketing Associate

Marketing Coordinator

Marketing Manager

Marketing Operations Manager

Office Manager

Operations Associate

Operations Manager

Principal Software Engineer

Product Analyst

Product Designer

Product Manager

Product Marketing Manager

Product Owner

Project Coordinator

Project Manager

Public Relations Manager

Public Relations Specialist

QA Analyst

QA Engineer

QA Manager

Recruiter

Sales Development Representative

Sales Director

Sales Engineer

Sales Manager

Sales Operations Analyst

Sales Operations Manager

Salesforce Developer

Scrum Master

Security Engineer

Senior Accountant

Senior Business Analyst

Senior Data Analyst

Senior Data Engineer

Senior Data Scientist

Senior Financial Analyst

Senior Marketing Manager

Senior Product Manager

Senior Product Marketing Manager

Senior Project Manager

Senior Recruiter

Senior Software Engineer

Senior Technical Writer

Senior UI Designer

Senior UX Designer

SEO Manager

SEO Specialist

Site Reliability Engineer

Social Media Manager

Software Engineer

Software Test Engineer

Systems Engineer

Technical Product Manager

Technical Project Manager

Technical Recruiter

Technical Support

Technical Writer

UI Designer

UX Designer

UX Researcher

Vice President of Care

Vice President of Engineering

Vice President of Finance

Vice President of Human Resources

Vice President of Marketing

Vice President of Operations

Vice President of People

Vice President of Product

Vice President of Sales

Vice President of Talent Acquisition

Visual Designer

How to Become Director of Operations, Salary & Degree Requirements for Director of Operations

90,000 Work as a COO in Rostov-on-Don. Latest vacancies for today

How to find a job in the specialty COO in 2021

We always have a large number of fresh, relevant vacancies on our website. Use filters for quick
search by parameters.

For successful employment, it is desirable to have a specialized education, as well as to have the necessary qualities and
work skills. First of all, you need to carefully study the requirements of employers in the chosen specialty, then
start writing a resume.

You shouldn’t send your resume to all companies at the same time. Choose suitable
vacancies, focusing on their qualifications and work experience.
Let’s list the most important skills for employers that you need to be successful.
work as a COO in Rostov-on-Don:

Top 7 Key Skills You Need to Have a Job

The following requirements are also quite common in vacancies:
staff motivation,
optimization of business processes
and business communication.

When preparing for your interview, use this information as a checklist. This will help you not only to please the recruiter, but also to get the desired job!

Analysis of vacancies in Rostov-on-Don

Based on the analysis of vacancies published on our website, the indicated starting salary is, on average, 200,000.
It should be borne in mind that the figures given are statistics. The real salary for employment can vary greatly depending on many factors:

• Your previous work experience, education
• Type of employment, work schedule
• Company size, industry, brand, etc.

Salary level depending on the work experience of the applicant

Recruiters recommend that you include your desired salary directly on your resume. Focus on the numbers shown in the diagram.

How much does the work of the operating director bring in other cities of the Rostov region

Compare how much the “Operations Director” earns in major cities of Russia

90,000 Salaries for TOP-managers

In the Ukrainian market, it is not customary to indicate salaries in vacancies for senior management.Only 18% of job advertisements on grc.ua portal were published with
an indication of the level of possible earnings. On average, for all specialties on the market, this figure is 30%. Least of all salaries are indicated in Donetsk
(12%), most often in Crimea – almost a third of vacancies.

The greatest chances of finding out your future salary are from HR directors (40% of vacancies with salaries), small business managers (29%) and
marketing executives (28%).But insurers, logisticians and managers in the production sphere prefer to report salary information
directly at the interview (10-11% of vacancies with an indication of the level of salary).

This fact was confirmed by HR managers during the survey of the opinions of HR managers registered on HeadHunter. According to the data

poll

, TOP is the category for which the salary is least often indicated, motivating it with politics
companies on non-disclosure of information about salaries.

Salaries for TOPs almost always start to indicate from the level of 20-24 thousand UAH. At the same time, a third of vacancies are in the salary range from 23 to 34 thousand.
hryvnias, and another quarter of proposals – with a salary of 34-43 thousand hryvnia. The remaining 40% of senior executives have a chance of finding a job with a salary of more than 40 thousand.
hrn.

The average level of salaries for directors and managers in the market is 35-40 thousand UAH. Average values ​​significantly depend on several factors:
the area in which the manager works, work experience and skills, company level and other conditions.

Note that the level of material compensation is highly dependent on the experience of the candidate. Candidates with
experience of 3-6 years in the field of management. In this category, most of the announced salary proposals are in the range of UAH 30-40 thousand, in
while for specialists with less work experience, the proposals are mainly at the level of UAH 16-20 thousand.

TOP-5 for TOP-5

Consider the highest executive salaries for the five most popular career paths.

Sales

The sales sector is the most dynamic area of ​​the labor market. Both ordinary employees and managers are always in demand here. Trying to attract
talented salespeople, companies are in a hurry to publish impressive numbers of future salaries, and only in the text of the announcement they clarify what we are talking about
a fixed part and a bonus component (which depends on the profit).

TOP 5 vacancies for executives in the field of sales with the highest salaries:

Marketing

– this is an area where competent executives are also constantly in demand, who make the work of sales specialists even more efficient.As well as
in other industries, the salary level is also reluctant to indicate here, but experienced specialists working in large system companies will be able to apply
for salaries at the level of 30-40 thousand UAH. and bonus payments or bonuses.

Administration

– the direction where operating directors, company executives, and general directors are needed.In this professional field, one can observe a very large
salary plug from 8 to 100 thousand UAH. This difference in amounts is due to the fact that managers and CEOs are needed as large system
companies and small and medium-sized businesses. For example, a COO of a manufacturing company can expect compensation at the level of 10-12 thousand.
dollars, while the executive director of a small company will be offered 1.5-2 thousand dollars.

Finance

CFOs can count on salaries ranging from $ 16,000 to $ 40,000.hrn. depending on experience and company size. To management personnel in the field
finance also includes financial managers, financial controllers, chief accountants. For these specialties, the level of salaries is indicated most often
15-25 thousand UAH

Small business management

CEOs, branch managers, franchise business managers, store directors can expect salaries in the range of $ 8,000 to $ 24,000.hrn. and most often for a bonus or bonuses – depending on the results of the enterprise.

Results of previous studies

90,000 How much do the top 5 richest businessmen in the world earn?

It’s no secret that entrepreneurs and CEOs are the new heroes of our time.They are for many people an example of how to earn their way to the top with the help of hard work. We decided to inspire you and tell you about the highest paid executives according to Bloomberg’s Highest Paid U.S. CEOs: Top Salaries in 2019.

Elon Musk

Earned in 2019: $ 595 266 817

It is hardly shocking that Musk is the highest paid CEO in the world. For those not in the know, Musk is the co-founder and CEO of Tesla.According to the company’s website, he leads Tesla’s product design, design and manufacturing teams for electric vehicles, batteries and solar-powered products. He is also the CEO of Neuralink and previously created and sold PayPal.

Tim Cook

Earned in 2019: $ 133,727 869

Tim Cook, Apple’s CEO and former COO, is currently the highest paid CEO in tech.According to Bloomberg, more than $ 122 million that Cook earned last year are dividends from acquired shares. It is noteworthy that even before joining Apple, Cook had more than ten years of experience in technology.

Tom Rutledge

Earned in 2019: $ 116,995 201

Tom Rutledge is chairman and CEO of cable company Charter Communications. He began his career in 1977 at ATC, the predecessor to Time Warner Cable. There he worked in many different directions and eventually became President of Time Warner Cable, according to the company’s website.

Joseph Yanniello

Earned in 2019: $ 116,565,495

90,439 Former Chairman and CEO of one of ViacomCBS’s divisions, Joseph Yanniello began his career at CBS in 1997 as director of financial planning. Last year, he decided to leave the company and received a rather huge check in parting. According to Variety, he collected $ 125.4 million in compensation and severance payments from ViacomCBS.

Sumit Singh

Earned in 2019: $ 108 158 705

© Press Releases

Sumit Singh – CEO of Chewy, Inc., an online store for pet owners. According to Singh’s LinkedIn profile, under his leadership, Chewy, Inc. became a public company in June 2019, trading on the New York Stock Exchange under the name CHWY, where it raised $ 1 billion from the sale of shares.

First published published on Indian GQ website.

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90,000 Facebook CEO Sherrill Sandberg earned $ 845 million in a year

It seems that the whole world has already learned that in 2012 Mark Zuckerberg earned $ 2.3 billion, but, in addition to him, the COO of Facebook Sherrill Sandberg, whom the company lured from Google, received a decent amount.

Last year, 43-year-old Facebook CEO Sherrill Sandberg received $ 821 million from stocks, $ 25.6 million of which comes from options, all without taking into account the $ 328,000 oversized salary and $ 277,000 in premiums, writes USA Today.

Facebook: a year after the IPO

News

Facebook: a year after the IPO

Sandberg has been with Facebook since 2008, prior to which she was Vice President of Global Sales for Google Corporation.Her 2012 income was higher than that of nearly all of her male colleagues. Sandberg recently released her book Lean In: Women, Work and the Will to Lead.

The 61-year-old CEO of IBM, Sam Palmisano, earned the most (about $ 170 million) among all Silicon Valley employees last year, but he achieved such results after 31 years with the company.

Facebook founder and CEO Mark Zuckerberg received only $ 1.99 million, although this is still 16% more than last year ($ 1.7 million).At the same time, Zuckerberg’s salary was $ 503.2 thousand, and bonus payments – $ 266.1 thousand.

This year, Zuckerberg’s salary will be only $ 1 million. He will not receive any bonuses either. His last year’s salary was $ 503 thousand, bonuses – $ 266 thousand, as well as benefits – $ 1.2 million, which were spent mainly on ensuring his own safety and on maintaining a private jet.

In addition to Zuckerberg and Sandberg, Facebook CFO David Ebersman and VP Mike Schroepfer received good money ($ 17 million and $ 102 million from shares) ($ 20.2 million and $ 75 from shares).

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Director of Operations Job responsibilities

An operational (or executive) director is one of the main employees in any large organization. He acts as Deputy CEO, as he oversees all aspects of the work process, and also implements the plans.The duties of the operating director are reflected in the instructions that the employee signs upon employment for this managerial position.

Employee functions

Job Description – a special document designed to designate the powers of the operating director, determine the list of his functions and responsibilities. It prescribes the employee’s place in the hierarchy, his main actions, rights, and responsibility.

In a large organization, a COO may have the following set of responsibilities:

• Manufacturing process management.The employee’s task is to implement the plans adopted at the meetings and approved by the CEO.
• Control of the receipt of resources for production. The COO monitors the implementation of delivery schedules, monitors the quality of the supplied materials.
• Human resources management. In many cases, it is the operating director who controls the activities of the personnel department, monitors the performance of the assigned functions by the employees. He also determines the budget for staff training, one of his tasks is to organize professional development.
• Monitoring the fulfillment of obligations to customers. The operational director monitors the implementation of plans for the supply of products, detects violations in a timely manner and takes measures to eliminate them.

Proper division of responsibilities between top managers frees up the CEO’s time, which he can spend on communicating with business partners and making management decisions. This approach creates conditions for the successful operation of the company and making a profit.

The main function of the chief operating officer is to control all the processes taking place in the organization and ensure the implementation of the plans.The fulfillment of obligations to customers, the regularity of interaction with suppliers, and the activities of the personnel department depend on its activities.

Rights and responsibilities

The COO is empowered to make his own management decisions and is responsible for their results. He has the right to attend a general meeting of the management, receive timely information on new plans and projects, and participate in decision-making. He also gets the right to sign documents, interact with all departments of the organization, and demand that employees fulfill management decisions.

However, under a broad mandate, the COO is responsible for the decisions made. If his actions lead to damage to the organization, he may be financially liable.