hief or C
fficer) 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
fficer) 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.
fficer) 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
fficer) 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.