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 Creative Officer) The executive person in charge of a company's brand and image. In a design firm, the CCO oversees the art directors and artists. In a startup, the CCO may hold a very prominent position.

(3) (Chief Cloud Officer) The executive person in charge of an organization's deployment of cloud services. CCOs are responsible for selecting cloud computing providers as well as overseeing the migration to cloud platforms. Cloud security and governance also fall under the CCO's jurisdiction. See cloud computing and XaaS.

(4) (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.
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References in periodicals archive ?
That's true whether you're a mid-level compliance professional working on specific cases, or a CCO forging deeper ties with the rest of the enterprise and asking for more resources.
I first fired the Vigil CCO from the bench over a sandbag rest with seven .45 ACP factory loads with bullet weights ranging from 185 through 200 to 230 grains and in style from SWC through FMJ to JHP to gather velocity data.
The CCO LW is the smallest, lightest 1911 Ed Brown has ever offered.
Ogilvy & Mather worldwide CCO Tham Khai Meng argued that the job must be redefined if that remains the case.
The foundation of CCO was laid in June 2012 and it started functioning in a temporarily arranged building in 2013.
In the face of fierce opposition from CCOs, including Trillium, lawmakers have greatly watered down some of the proposed rules.
In September, The Register-Guard, a newspaper based in Eugene, Oregon, quoted consumers who complained about difficulties with getting behavioral health care and other types of care from their region's CCO.
In previous years, CCO champions have represented Canada at the International Chemistry Olympiad (IChO), which takes place each July.
Even before showing up for work, the CCO has significant research to do in learning as much about the business as possible.
Asher had joined Ufone in 2013 to replace Salman Wassay to become CCO of the company.
Lamar is nearing a deal to buy CCO's billboard assets in five cities: Cleveland; Des Moines, Iowa; Memphis, Tenn.; Reno, Nev.; and Seattle, sources said, though talks aren't final.