SCIENCE PROVES IT:
If you're going to a company with a COO, watch out!
COO, A Ridiculous Role
Chief Operating Officers make companies worse.
Researchers studied 404 firms
over a 10 year period.
Results: Companies with COOs have lower returns on assets (ROA) and market to book (MTB).
Conclusion: The CEO-COO structure stinks.
Alternate conclusion: The COO's studied all stink.
via Monty's Bluff