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The differences between board members and president/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 president/chief executive officer. Additionally, a president/chief executive officer has an average salary of $240,732, 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 president/chief executive officer are financial management, revenue growth, and R.
| Board Member | President/Chief Executive Officer | |
| Yearly salary | $70,751 | $240,732 |
| Hourly rate | $34.01 | $115.74 |
| Growth rate | 6% | 6% |
| Number of jobs | 7,581 | 163,378 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| 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.
Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.
Board members and president/chief executive officers have different pay scales, as shown below.
| Board Member | President/Chief Executive Officer | |
| Average salary | $70,751 | $240,732 |
| Salary range | Between $25,000 And $199,000 | Between $134,000 And $429,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | New Jersey |
| Best paying company | - | Better Homes and Gardens Real Estate |
| Best paying industry | - | Finance |
There are a few differences between a board member and a president/chief executive officer in terms of educational background:
| Board Member | President/Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between board members' and president/chief executive officers' demographics:
| Board Member | President/Chief Executive Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 46.3% Female, 53.7% | Male, 78.9% Female, 21.1% |
| 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |