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Board member vs chief operating officer

The differences between board members and chief operating 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 operating officer. Additionally, a chief operating officer has an average salary of $136,604, 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 operating officer are healthcare, customer service, and oversight.

Board member vs chief operating officer overview

Board MemberChief Operating Officer
Yearly salary$70,751$136,604
Hourly rate$34.01$65.67
Growth rate6%6%
Number of jobs7,581128,993
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 65%
Average age5252
Years of experience--

What does a board member do?

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.

What does a chief operating officer do?

A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.

Board member vs chief operating officer salary

Board members and chief operating officers have different pay scales, as shown below.

Board MemberChief Operating Officer
Average salary$70,751$136,604
Salary rangeBetween $25,000 And $199,000Between $81,000 And $229,000
Highest paying City-Jersey City, NJ
Highest paying state-New Jersey
Best paying company-Baker McKenzie
Best paying industry-Manufacturing

Differences between board member and chief operating officer education

There are a few differences between a board member and a chief operating officer in terms of educational background:

Board MemberChief Operating Officer
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Board member vs chief operating officer demographics

Here are the differences between board members' and chief operating officers' demographics:

Board MemberChief Operating Officer
Average age5252
Gender ratioMale, 46.3% Female, 53.7%Male, 76.6% Female, 23.4%
Race ratioBlack 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between board member and chief operating officer duties and responsibilities

Board member example responsibilities.

  • Work with a team of 13 other members to manage, fill, and distribute THON merchandise orders.
  • Assist in selection of scholarship recipients through thoroughly reviewing candidates.
  • Organize events for community members to attend; operate community Facebook page.
  • Identify need of international scholarship for students requiring financial assistance for exchange experiences.
  • Encourage scholars and alumni to participate in hometown mentoring, volunteering, and community support.
  • Coordinate ambassador fellowship undergraduate and graduate students posting on Facebook and tweeting during the annual conference.
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Chief operating officer example responsibilities.

  • Manage the RFP process and present investment packages to local and regional lenders to procure acquisition and long term debt financing.
  • Develop and integrate care services, achieve and maintain JCAHO accreditation.
  • Attain ISO registration, resulting in excellent documentation and adherence to operational and administrative process controls.
  • Manage the implementation of a new supply base global ERP system that reduce inventory and enable just-in-time delivery.
  • Establish, manage and coordinate activities of this start-up management company specializing in turning around trouble health insurance plans.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
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Board member vs chief operating officer skills

Common board member skills
  • Non-Profit Organization, 18%
  • Financial Statements, 17%
  • Community Outreach, 10%
  • Governance, 8%
  • Alumni, 5%
  • Plan Events, 4%
Common chief operating officer skills
  • Healthcare, 11%
  • Customer Service, 8%
  • Oversight, 7%
  • Financial Management, 7%
  • Business Strategies, 6%
  • Human Resources, 6%

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