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October 2012
ORGANIZATIONALCHARTFORATYPICALLARGE REALESTATECOMPANY
SeniorManagement
Attheseniormanagementlevel,alargerealestatedevelopmentcompanyismuchlikeanyother
largecorporation,withachiefex ecutiveofficer,chiefoperatingofficerandsoon:
ChiefExecutiveOfficer(CEO).Directsallcompanyoperationsandactivitiestomaximize
profitability;establishesobjectives,plans,policiesandstandards;reportsto‐‐andmaybea
memberof‐‐thecompany'sboardofdirectors.
ChiefOperatingOfficer(COO).AssistsCEOinoveralldirectionofcompany;establishesand
implementsoperatingprocedures;plansanddirectsdailyoperationsofcompany;evaluates
operatingresultsforCEOreview;reportstoCEO.
ChiefFinancialOfficer(CFO).Managescompany'sfinancialplans,policies,andpractices;plansand
directstreasury,budgeting,andreporting,andaccountingfunctions;directsauditing;taxplanning
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We generate fears while we sit. We over come them by action. Fear is natures way of warning us to get busy. | Dr. Henry Link