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The differences between chief marketing officers and chief strategy officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a chief marketing officer, becoming a chief strategy officer takes usually requires 4-6 years. Additionally, a chief strategy officer has an average salary of $163,192, which is higher than the $135,198 average annual salary of a chief marketing officer.
The top three skills for a chief marketing officer include CMO, patients and digital marketing. The most important skills for a chief strategy officer are business development, CSO, and strategic vision.
| Chief Marketing Officer | Chief Strategy Officer | |
| Yearly salary | $135,198 | $163,192 |
| Hourly rate | $65.00 | $78.46 |
| Growth rate | 10% | 6% |
| Number of jobs | 139,565 | 93,147 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 62% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
A Chief Marketing Officer defines marketing strategies and oversees all marketing operations of a company. They are responsible for building a highly efficient team of marketing professionals.
A chief strategy officer or chief strategist is an executive leader in an organization responsible for assisting the chief executive officer with communicating, developing, and sustaining business corporate strategic initiatives and the company's overall goals. This is a senior executive role and a big responsibility for holding the top strategy part. They focus on implementing a company's strategy, both internally and externally. They ensure to communicate to all employees, business partners, suppliers, and contractors to know the importance of a company-wide strategic plan.
Chief marketing officers and chief strategy officers have different pay scales, as shown below.
| Chief Marketing Officer | Chief Strategy Officer | |
| Average salary | $135,198 | $163,192 |
| Salary range | Between $72,000 And $253,000 | Between $103,000 And $257,000 |
| Highest paying City | Hamilton, NJ | Rochester, NY |
| Highest paying state | Rhode Island | Alaska |
| Best paying company | Shearman & Sterling | Norton Rose Fulbright |
| Best paying industry | Media | Finance |
There are a few differences between a chief marketing officer and a chief strategy officer in terms of educational background:
| Chief Marketing Officer | Chief Strategy Officer | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between chief marketing officers' and chief strategy officers' demographics:
| Chief Marketing Officer | Chief Strategy Officer | |
| Average age | 39 | 44 |
| Gender ratio | Male, 68.0% Female, 32.0% | Male, 78.6% Female, 21.4% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |