Are companies eliminating operations chiefs?

06/16/2014 | CFO.com

Companies small and large are increasingly not replacing chief operating officers when they step down or move up to CEO, leaving chief financial officers to assume the role. This article looks at the experiences of companies that have eliminated the position, such as McDonald's, T-Systems and West-Ward Pharmaceuticals. Some experts think the position is redundant, serving mainly as a proving ground for CEO candidates, and that CFOs are equally suited to fill either position.

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