Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between chief development officers and division vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a chief development officer, becoming a division vice president takes usually requires 4-6 years. Additionally, a division vice president has an average salary of $158,729, which is higher than the $116,047 average annual salary of a chief development officer.
The top three skills for a chief development officer include kids, oversight and CDO. The most important skills for a division vice president are healthcare, oversight, and business development.
| Chief Development Officer | Division Vice President | |
| Yearly salary | $116,047 | $158,729 |
| Hourly rate | $55.79 | $76.31 |
| Growth rate | 8% | 6% |
| Number of jobs | 135,511 | 68,176 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 74% |
| Average age | 42 | 44 |
| Years of experience | 4 | 6 |
A chief development officer is responsible for joining the senior management team in incorporating business decisions that would benefit the organization in achieving long-term goals and objectives. Chief development officers lead the growth planning and strategizing techniques to improve operations and ensure customer satisfaction. They approve budgets and resources allocation across the organization to serve business functions and address issues. A chief development officer must have excellent communication and leadership skills, especially in raising funds and maintaining healthy relationships with business partners.
Division Vice Presidents are company executives that oversee a particular department or division. They are often employed in companies with a varied product line or wide geographical reach, thus needing divisions to streamline processes. Division Vice Presidents should have a solid background in the particular division that they are handling. They ensure that their division's performance is at par or would even exceed company targets and expectations.
Chief development officers and division vice presidents have different pay scales, as shown below.
| Chief Development Officer | Division Vice President | |
| Average salary | $116,047 | $158,729 |
| Salary range | Between $67,000 And $199,000 | Between $104,000 And $240,000 |
| Highest paying City | New York, NY | Mahwah, NJ |
| Highest paying state | New York | Connecticut |
| Best paying company | McKinsey & Company Inc | Barclays |
| Best paying industry | Professional | Media |
There are a few differences between a chief development officer and a division vice president in terms of educational background:
| Chief Development Officer | Division Vice President | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between chief development officers' and division vice presidents' demographics:
| Chief Development Officer | Division Vice President | |
| Average age | 42 | 44 |
| Gender ratio | Male, 66.7% Female, 33.3% | Male, 78.4% Female, 21.6% |
| Race ratio | Black or African American, 6.0% Unknown, 4.7% Hispanic or Latino, 9.2% Asian, 5.1% White, 74.6% American Indian and Alaska Native, 0.4% | Black or African American, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 16% | 10% |