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Corporate secretary vs president

The differences between corporate secretaries and presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a corporate secretary, becoming a president takes usually requires More than 10 years. Additionally, a president has an average salary of $192,329, which is higher than the $88,550 average annual salary of a corporate secretary.

The top three skills for a corporate secretary include corporate governance, proxy and meeting minutes. The most important skills for a president are financial statements, product development, and R.

Corporate secretary vs president overview

Corporate SecretaryPresident
Yearly salary$88,550$192,329
Hourly rate$42.57$92.47
Growth rate-8%6%
Number of jobs16,48049,413
Job satisfaction5-
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 71%
Average age5052
Years of experience2-

What does a corporate secretary do?

A Corporate Secretary works in promoting corporate governance and regulatory compliance. They make certain that the board of directors is equipped with the necessary tools and information in fulfilling their shareholder obligations. They ensure the integrity of an enterprise's governance framework. It is their responsibility to ensure the efficiency of business administration in compliance with regulatory and statutory requirements. Corporate Secretaries also implement the decisions of the board.

What does a president do?

Presidents are usually the highest-level executives in an organization. They oversee the whole company. They identify clear goals and provide strategic direction as the company works towards the achievement of their overall vision. Presidents are the decision-makers in the company. They make crucial decisions to ensure that the company continues to grow and survives challenges that come their way. They are expected to consider all stakeholders, from the board of directors and employees to the customers in their decision-making process. Presidents also represent the company in external functions, especially during high-level events. As such, they are expected to be professional, well-mannered, and good communicators.

Corporate secretary vs president salary

Corporate secretaries and presidents have different pay scales, as shown below.

Corporate SecretaryPresident
Average salary$88,550$192,329
Salary rangeBetween $59,000 And $132,000Between $114,000 And $323,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-UnitedHealth Group
Best paying industry--

Differences between corporate secretary and president education

There are a few differences between a corporate secretary and a president in terms of educational background:

Corporate SecretaryPresident
Most common degreeBachelor's Degree, 53%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Corporate secretary vs president demographics

Here are the differences between corporate secretaries' and presidents' demographics:

Corporate SecretaryPresident
Average age5052
Gender ratioMale, 24.5% Female, 75.5%Male, 64.5% Female, 35.5%
Race ratioBlack or African American, 9.1% Unknown, 3.9% Hispanic or Latino, 15.9% Asian, 3.8% White, 66.6% American Indian and Alaska Native, 0.7%Black 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%
LGBT Percentage6%12%

Differences between corporate secretary and president duties and responsibilities

Corporate secretary example responsibilities.

  • Manage all mutual fund complex proxy solicitation matters and coordinate related shareholder meetings.
  • Purchase and manage investment portfolio, and supervise selling funds and investment securities.
  • Prepare annual proxy statement and other public disclosure statements require by federal securities laws.
  • Draft responses to subpoenas, interrogatories and other document requests.
  • Work with CFO and CPA in preparing annual tax reports.
  • Liaise with internal accountant and external CPA to prepare quarterly financial statements.
  • Show more

President example responsibilities.

  • Manage HVAC contracting business specializing in the installation and service of residential and commercial heating and cooling equipment.
  • Achieve strategic, operational and programmatic goals meeting budget EBITDA expectations.
  • Lead meetings; create and present PowerPoint presentations to members about upcoming events
  • Activate previously undiscovered ERP modules to automate supply chain management and forecasting capabilities.
  • Manage a 75 plus person fraternity as president and implement strict attendance and payment policies that increase chapter operation efficiency.
  • Provide direct oversight and effective leadership through training and identification of strategic priorities to achieve program outcomes and organizational goals.
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Corporate secretary vs president skills

Common corporate secretary skills
  • Corporate Governance, 10%
  • Proxy, 10%
  • Meeting Minutes, 8%
  • Litigation, 7%
  • Travel Arrangements, 7%
  • Payroll Taxes, 6%
Common president skills
  • Financial Statements, 14%
  • Product Development, 6%
  • R, 6%
  • Business Development, 5%
  • Real Estate, 5%
  • Human Resources, 5%

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