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The differences between chief executive officer/managers 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/manager and an executive vice president. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $140,165 average annual salary of a chief executive officer/manager.
The top three skills for a chief executive officer/manager include financial statements, payroll and product development. The most important skills for an executive vice president are financial statements, oversight, and business development.
| Chief Executive Officer/Manager | Executive Vice President | |
| Yearly salary | $140,165 | $216,285 |
| Hourly rate | $67.39 | $103.98 |
| Growth rate | 6% | 6% |
| Number of jobs | 155,545 | 123,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 71% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A chief executive officer (CEO) serves as the leader, information or visionary bearer, manager, board developer, and the decision-maker of an organization. CEOs support the administration and operations of the board by extending advice and support. These executives handle the organization's human resources based on authorized personnel procedures and policies. They make sure that their organization and its products, mission, services, and programs appear strong and positive to target stakeholders. Also, they need to develop skills in negotiation, communication, and corporate governance.
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/managers and executive vice presidents have different pay scales, as shown below.
| Chief Executive Officer/Manager | Executive Vice President | |
| Average salary | $140,165 | $216,285 |
| Salary range | Between $100,000 And $196,000 | Between $118,000 And $394,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | Hawaii | Washington |
| Best paying company | Parallels | Gartner |
| Best paying industry | Manufacturing | Telecommunication |
There are a few differences between a chief executive officer/manager and an executive vice president in terms of educational background:
| Chief Executive Officer/Manager | Executive Vice President | |
| Most common degree | Bachelor's Degree, 58% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief executive officer/managers' and executive vice presidents' demographics:
| Chief Executive Officer/Manager | Executive Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 65.5% Female, 34.5% | Male, 74.7% Female, 25.3% |
| Race ratio | 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% | 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 Percentage | 12% | 12% |