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The differences between chief development officers and executive directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a chief development officer and an executive director. Additionally, an executive director has an average salary of $127,956, 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 an executive director are oversight, patients, and customer service.
| Chief Development Officer | Executive Director | |
| Yearly salary | $116,047 | $127,956 |
| Hourly rate | $55.79 | $61.52 |
| Growth rate | 8% | -8% |
| Number of jobs | 135,511 | 97,471 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 63% |
| Average age | 42 | 49 |
| Years of experience | 4 | 4 |
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.
Executive directors are top management employees who usually function as a chief executive officer. This role is usually seen in non-profit organizations. Executive directors provide strategic direction to the organization, and they ensure that the organization's goals are actualized. They provide guidance to the employees and ensure that the employees have the organization's advocacies at the center of every project or program. They oversee the policies of the organization and create strategies that will bring the organization's programs forward. Executive directors are also responsible for making crucial decisions for the betterment of the organization.
Chief development officers and executive directors have different pay scales, as shown below.
| Chief Development Officer | Executive Director | |
| Average salary | $116,047 | $127,956 |
| Salary range | Between $67,000 And $199,000 | Between $76,000 And $213,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | McKinsey & Company Inc | Genentech |
| Best paying industry | Professional | Finance |
There are a few differences between a chief development officer and an executive director in terms of educational background:
| Chief Development Officer | Executive Director | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between chief development officers' and executive directors' demographics:
| Chief Development Officer | Executive Director | |
| Average age | 42 | 49 |
| Gender ratio | Male, 66.7% Female, 33.3% | Male, 47.0% Female, 53.0% |
| 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, 7.6% Unknown, 4.8% Hispanic or Latino, 11.2% Asian, 5.0% White, 71.0% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 16% | 10% |