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The differences between board members and chief executive officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a board member and a chief executive officer. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $70,751 average annual salary of a board member.
The top three skills for a board member include non-profit organization, financial statements and community outreach. The most important skills for a chief executive officer are healthcare, patients, and patient care.
| Board Member | Chief Executive Officer | |
| Yearly salary | $70,751 | $192,260 |
| Hourly rate | $34.01 | $92.43 |
| Growth rate | 6% | 6% |
| Number of jobs | 7,581 | 149,185 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 59% |
| Average age | 52 | 52 |
| Years of experience | - | - |
Board members are fiduciaries of an organization leading it to its sustainable development. They are elected by its board of directors or its supervisory committee. They remain true to the mission and vision of the company whenever there are conflicts. Outstanding board members have good qualities like meeting participation, supportive attitude, anxious feeling to better serve the committee, and passion for any kind of cause. Being a board member improves business, and strategic acumen enhances confidence, and heightens skills in corporate governance.
A chief executive officer is the overall head of the company's operations. Chief executive officers are responsible for making corporate decisions that would define the company's performance in the market. A chief executive officer must display exceptional leadership and decision-making skills to create business growth and development strategies. The chief executive officers also provide a regular business update to the board regarding the company's status. They should also be able to identify business opportunities and create long-lasting, professional relationships with business partners and other organizations.
Board members and chief executive officers have different pay scales, as shown below.
| Board Member | Chief Executive Officer | |
| Average salary | $70,751 | $192,260 |
| Salary range | Between $25,000 And $199,000 | Between $104,000 And $354,000 |
| Highest paying City | - | Urban Honolulu, HI |
| Highest paying state | - | Hawaii |
| Best paying company | - | Alecto Healthcare Services LLC |
| Best paying industry | - | Start-up |
There are a few differences between a board member and a chief executive officer in terms of educational background:
| Board Member | Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between board members' and chief executive officers' demographics:
| Board Member | Chief Executive Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 46.3% Female, 53.7% | Male, 68.5% Female, 31.5% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |