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The differences between business directors and chief executive officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business director, becoming a chief executive officer takes usually requires More than 10 years. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $124,563 average annual salary of a business director.
The top three skills for a business director include project management, healthcare and sigma. The most important skills for a chief executive officer are healthcare, patients, and patient care.
| Business Director | Chief Executive Officer | |
| Yearly salary | $124,563 | $192,260 |
| Hourly rate | $59.89 | $92.43 |
| Growth rate | 6% | 6% |
| Number of jobs | 137,880 | 149,185 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 59% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
Business directors are responsible for overseeing the development of an organization's business goals and objectives. They typically work to increase business revenue, identify and develop business opportunities, and expand the company's presence and its brands. Other duties and responsibilities may include establishing effective company policies, goals, and sales targets, overseeing financial and budgetary activities, and identifying ways to minimize cost and boost financial performance. Business directors are also expected to negotiate contracts with clients and suppliers and propose and develop new partnerships.
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.
Business directors and chief executive officers have different pay scales, as shown below.
| Business Director | Chief Executive Officer | |
| Average salary | $124,563 | $192,260 |
| Salary range | Between $86,000 And $178,000 | Between $104,000 And $354,000 |
| Highest paying City | Providence, RI | Urban Honolulu, HI |
| Highest paying state | Rhode Island | Hawaii |
| Best paying company | Ep Energy | Alecto Healthcare Services LLC |
| Best paying industry | Finance | Start-up |
There are a few differences between a business director and a chief executive officer in terms of educational background:
| Business Director | Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between business directors' and chief executive officers' demographics:
| Business Director | Chief Executive Officer | |
| Average age | 44 | 52 |
| Gender ratio | Male, 63.3% Female, 36.7% | Male, 68.5% Female, 31.5% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 68.0% American Indian and Alaska Native, 0.5% | 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 | 10% | 12% |