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Chief executive officer vs executive vice president

The differences between chief executive officers and executive 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 chief executive officer and an executive vice president. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $192,260 average annual salary of a chief executive officer.

The top three skills for a chief executive officer include healthcare, patients and patient care. The most important skills for an executive vice president are financial statements, oversight, and business development.

Chief executive officer vs executive vice president overview

Chief Executive OfficerExecutive Vice President
Yearly salary$192,260$216,285
Hourly rate$92.43$103.98
Growth rate6%6%
Number of jobs149,185123,982
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 71%
Average age5252
Years of experience--

What does a chief executive officer do?

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.

What does an executive vice president do?

An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.

Chief executive officer vs executive vice president salary

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

Chief Executive OfficerExecutive Vice President
Average salary$192,260$216,285
Salary rangeBetween $104,000 And $354,000Between $118,000 And $394,000
Highest paying CityUrban Honolulu, HIWashington, DC
Highest paying stateHawaiiWashington
Best paying companyAlecto Healthcare Services LLCGartner
Best paying industryStart-upTelecommunication

Differences between chief executive officer and executive vice president education

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

Chief Executive OfficerExecutive Vice President
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chief executive officer vs executive vice president demographics

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

Chief Executive OfficerExecutive Vice President
Average age5252
Gender ratioMale, 68.5% Female, 31.5%Male, 74.7% Female, 25.3%
Race ratioBlack 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%Black 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%
LGBT Percentage12%12%

Differences between chief executive officer and executive vice president duties and responsibilities

Chief executive officer example responsibilities.

  • Manage the bidding process by reviewing all RFP and preparing responses.
  • Manage complex Google, Facebook, SEO/Content, drip email, behavior base emails, and so much more.
  • Manage and grow Instagram accounts of large and small businesses as well as individual accounts such as models and singers.
  • Design, execute, and manage the construction and d cor of store location and seasonal windows of old store location.
  • Develop an IP within the e-Gaming & mobile-gaming world that can achieve ad revenue greater than Google or Facebook potentially combine.
  • Source and manage contractors for frontend JavaScript development.
  • Show more

Executive vice president example responsibilities.

  • Used data and KPI's to achieve consistent sales growth and below industry average turnover.
  • Manage logistics department, negotiate rates with suppliers, oversee incoming and outgoing inventory.
  • Lead the implementation of a new third-party ERP system, introducing sophisticate enterprise management system where none exist previously.
  • Manage operations and logistics, staff planning and supervision for all administrative, personnel, training and logistical requirements.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Provide oversight over subordinate supervisors and complete twice-monthly payroll activities, ensuring employees are paid as expected and on time.
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Chief executive officer vs executive vice president skills

Common chief executive officer skills
  • Healthcare, 13%
  • Patients, 10%
  • Patient Care, 8%
  • Customer Service, 8%
  • Financial Management, 6%
  • Oversight, 5%
Common executive vice president skills
  • Financial Statements, 9%
  • Oversight, 6%
  • Business Development, 6%
  • Healthcare, 6%
  • Revenue Growth, 6%
  • Strategic Partnerships, 4%

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