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It has close to zero path to C-Suite and upper management. You are a support function (albeit a well paid one) with less job security and pay relative to the organizations’ core competency.
Lol they must have had a good chuckle after writing that. Chief operating officer almost always comes from the operations of the company (which would make sense), not from a support strategy function that hasn’t got their hands dirty with the core of the business. Your best path to leadership would be CSO (strategy), if the company had that.