CCO


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CCO

(1) (Chief or Corporate Compliance Officer) The executive person in charge of compliance issues, regulatory requirements, internal controls and managing audits within an enterprise or organization. Hiring for the position of CCO became popular in the early 2000s as a response to accounting and fraud scandals of such companies as Enron, Tyco and WorldCom, which were involved in corporate governance and financial disclosure problems. Legislation to ensure responsible reporting was passed, and policy compliance became a significant focus of upper management everywhere. See Sarbanes-Oxley Act.

(2) (Chief Confusion Officer) The head of the confusion department in large software companies who oversees the group that ensures that the next version of their software will mystify all previous users and drive them batty.
References in periodicals archive ?
Floyd Prozanski, D-Eugene, said discussion about putting a cap on CCO profits might come before the Legislature.
Speaking on the announcement, Partha DeSarkar, Chief Executive Officer , HGS said "We are extremely happy to be a part of the CCO Service Provider Landscape by Everest Group.
The telecom firm has selected Maksim Yefremov to take the position of CCO of the Company.
The CCO should evaluate whether the company's training program is part of the corporate fabric, and if not, must make it so.
Finally, the CCO leads the way in the use of the three-in-one device for field ordering officers, which replaces the use of the paper SF-44 forms.
SIG SAUER's 1911 series has embraced the CCO concept in at least two versions, the C3 and the RCS.
While duties vary by company, the typical role of the CCO is to increase the overall value of the customer as a strategic asset, says Bingham.
To gear up for its leading role in the CCO, Trillium is hiring and looking for more space near the 27,350-square-foot building owned by its corporate parent Agate Healthcare at 1800 Millrace Drive in the Riverfront Research Park, near the University of Oregon campus.
By offering TPM support via Wave's EMBASSY solutions, CCO and Wave can enable users to easily deploy TPM technology enterprise-wide and offer them comprehensive security functionality to mitigate the risks of unauthorized PC or network access or hacking theft.
Doctors and other medical providers: CCOs throw out the old model that paid providers for treating sick patients.
7 million shares of CCO in accounts that we manage for Arnhold and Bleichroeder Advisers, LLC and GoodHope Advisers LLC.
Dean, CCO (honors), Correctional Officer II, Maryland Correctional Institution-Hagerstown, Hagerstown, Md.