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Chief development officer vs vice president

The differences between chief development officers and 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 vice president takes usually requires More than 10 years. Additionally, a vice president has an average salary of $158,637, 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 vice president are healthcare, oversight, and project management.

Chief development officer vs vice president overview

Chief Development OfficerVice President
Yearly salary$116,047$158,637
Hourly rate$55.79$76.27
Growth rate8%6%
Number of jobs135,511119,530
Job satisfaction-4
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 72%
Average age4252
Years of experience4-

What does a chief development officer do?

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.

What does a vice president do?

Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.

Chief development officer vs vice president salary

Chief development officers and vice presidents have different pay scales, as shown below.

Chief Development OfficerVice President
Average salary$116,047$158,637
Salary rangeBetween $67,000 And $199,000Between $107,000 And $235,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkNew York
Best paying companyMcKinsey & Company IncBrookfield Properties
Best paying industryProfessionalManufacturing

Differences between chief development officer and vice president education

There are a few differences between a chief development officer and a vice president in terms of educational background:

Chief Development OfficerVice President
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Chief development officer vs vice president demographics

Here are the differences between chief development officers' and vice presidents' demographics:

Chief Development OfficerVice President
Average age4252
Gender ratioMale, 66.7% Female, 33.3%Male, 65.8% Female, 34.2%
Race ratioBlack 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%
LGBT Percentage16%12%

Differences between chief development officer and vice president duties and responsibilities

Chief development officer example responsibilities.

  • Manage SDLC process, while participating in requirements gathering, functional documentation, data analysis, and implementation plans.
  • Collaborate with, and provide oversight for, community providers, vendors, and contractors.
  • Partner with architects and provide weekly construction oversight.
  • Serve as back-up for payroll processing and benefits administrator.
  • Coordinate alumni benefits program, including travel and marketing services.
  • Thank and recognize donors in an appropriate and timely manner and manage and maintain donor database including updating and managing files.
  • Show more

Vice president example responsibilities.

  • Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
  • Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
  • Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
  • Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
  • Manage FDA regulate manufacturing division.
  • Manage QuickBooks; implement budget/variance tracking and reporting.
  • Show more

Chief development officer vs vice president skills

Common chief development officer skills
  • Kids, 13%
  • Oversight, 9%
  • CDO, 7%
  • Strategic Plan, 7%
  • Relationship Building, 6%
  • Fundraising Strategy, 6%
Common vice president skills
  • Healthcare, 10%
  • Oversight, 7%
  • Project Management, 6%
  • Customer Service, 6%
  • Risk Management, 6%
  • Business Development, 5%

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