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The differences between chief product officers and chief operating officers 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 product officer and a chief operating officer. Additionally, a chief operating officer has an average salary of $136,604, which is higher than the $134,865 average annual salary of a chief product officer.
The top three skills for a chief product officer include CPO, patrol and patients. The most important skills for a chief operating officer are healthcare, customer service, and oversight.
| Chief Product Officer | Chief Operating Officer | |
| Yearly salary | $134,865 | $136,604 |
| Hourly rate | $64.84 | $65.67 |
| Growth rate | 6% | 6% |
| Number of jobs | 145,190 | 128,993 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 65% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A chief product officer (CPO) is an executive professional who is responsible for managing a company's product management team to create products that can deliver sustainable value to both customers and the business. This executive must lead the strategic product direction, which includes product vision, design, development, and marketing. To get insights from the needs of customers, this executive is required to initiate various types of customer research to use it to differentiate products from competitors. This chief product officer must also take part in exhibitions to present products to the audience.
A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.
Chief product officers and chief operating officers have different pay scales, as shown below.
| Chief Product Officer | Chief Operating Officer | |
| Average salary | $134,865 | $136,604 |
| Salary range | Between $74,000 And $242,000 | Between $81,000 And $229,000 |
| Highest paying City | Newark, NJ | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | McKinsey & Company Inc | Baker McKenzie |
| Best paying industry | Professional | Manufacturing |
There are a few differences between a chief product officer and a chief operating officer in terms of educational background:
| Chief Product Officer | Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between chief product officers' and chief operating officers' demographics:
| Chief Product Officer | Chief Operating Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 71.4% Female, 28.6% | Male, 76.6% Female, 23.4% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |