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Board member vs senior vice president

The differences between board members and senior vice presidents 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 senior vice president. Additionally, a senior vice president has an average salary of $194,770, 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 senior vice president are financial services, SVP, and oversight.

Board member vs senior vice president overview

Board MemberSenior Vice President
Yearly salary$70,751$194,770
Hourly rate$34.01$93.64
Growth rate6%6%
Number of jobs7,58161,380
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
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 senior vice president do?

A Senior Vice President's responsibilities vary according to the company or organization. Still, it mostly revolves around overseeing and leading a particular department's activities and operations, reporting to the president and the board, evaluating the progress and performances of teams and employees, and maintaining constant communication with staff and management. Furthermore, A Senior Vice President is also involved in forming strategies that would benefit the sales of the company, seek innovative options, review documents, and ensure that the operations are up to the standards of the company's policies and regulations.

Board member vs senior vice president salary

Board members and senior vice presidents have different pay scales, as shown below.

Board MemberSenior Vice President
Average salary$70,751$194,770
Salary rangeBetween $25,000 And $199,000Between $125,000 And $302,000
Highest paying City-Seattle, WA
Highest paying state-Washington
Best paying company-Brookfield Properties
Best paying industry-Media

Differences between board member and senior vice president education

There are a few differences between a board member and a senior vice president in terms of educational background:

Board MemberSenior Vice President
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Board member vs senior vice president demographics

Here are the differences between board members' and senior vice presidents' demographics:

Board MemberSenior Vice President
Average age5252
Gender ratioMale, 46.3% Female, 53.7%Male, 74.9% Female, 25.1%
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, 7.7% Asian, 7.6% White, 76.4% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between board member and senior vice president 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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Senior vice president example responsibilities.

  • Manage relationships with hedge funds, administrators and investors regarding trade requests, derivative restructuring and compliance issues.
  • Manage legal proceedings and investigations with state, federal, and self-regulatory organization securities and insurance regulatory agencies.
  • Manage the successful transition of a large-cap telecommunications company from NYSE to NASDAQ including all relate communications and events.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Develop institutional procedures for managing project logistics, vendor relations, supply chain, engineering functions, and document storage/sharing.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
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Board member vs senior vice president skills

Common board member skills
  • Non-Profit Organization, 18%
  • Financial Statements, 17%
  • Community Outreach, 10%
  • Governance, 8%
  • Alumni, 5%
  • Plan Events, 4%
Common senior vice president skills
  • Financial Services, 8%
  • SVP, 7%
  • Oversight, 6%
  • Healthcare, 6%
  • Risk Management, 5%
  • Project Management, 4%

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