Coretec Group Inc (CRTG)

[iamthe walrus]

Nice news today with Matt Hoffman being named COO added to his CFO title, it looks like Coretec is a step closer in their operations to commercializing CHS based products and revenue. Good news Key word in news today :Conduct broader Commercial activity , Great to see this is where Coretec is transitioning to !!!

https://thecoretecgroup.com/press-releases/the-coretec-group-announces-matthew-hoffman-as-chief-operating-officer/

“As The Coretec Group grows, we require an experienced team, capable of enabling us to scale and conduct broader commercial activity,” said Matthew Kappers, Chief Executive Officer of The Coretec Group. “We are becoming far more operational than in years past and need a strong executive who can oversee that change. Hoffman is absolutely the person for the job. He has the strong analytical and communication skills needed for the role, as well as the managerial and leadership prowess to help guide this transition successfully.”

7 Professional Duties of a Chief Operating Officer

Increase Sales - Increasing the sales of a company is one of the main duties of a COO. Additionally, the COO must support his/her CEO in negotiations or customer relationship management.

Reduce Costs - As a COO, it is his/her responsibility to effectively manage costs to support his/her CEO in making decisions about the company's finances and investments.

Increase Productivity - As a COO, you need to increase productivity at all levels to effectively achieve company goals.

Plan Capital Expenditures - Developing business plans for capital expenditures is an important aspect of this role.

Manage Operations - Manage the day-to-day operations of the company or business unit or need to advise the CEO or owner on those operations.

Monitor Progress - Monitoring current projects includes reporting status, progress updates, and identifying areas that require corrective actions.

Build a Culture - COOs are typically responsible for managing the people side of an organization, which includes responsibilities such as interviewing new employees, developing strategies for developing talent at all levels, and coaching organizational leaders.