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The differences between executive board members and chief executive 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 an executive board member and a chief executive officer. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $95,749 average annual salary of an executive board member.
The top three skills for an executive board member include financial reports, fraternity and alumni. The most important skills for a chief executive officer are healthcare, patients, and patient care.
| Executive Board Member | Chief Executive Officer | |
| Yearly salary | $95,749 | $192,260 |
| Hourly rate | $46.03 | $92.43 |
| Growth rate | 6% | 6% |
| Number of jobs | 69,385 | 149,185 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 59% |
| Average age | 52 | 52 |
| Years of experience | - | - |
An executive board member is responsible for supporting the company's long-term goals and objectives by participating in corporate decisions and organizational processes to maximize business performance and generate more revenues and increase profitability. Executive board members provide consultation with management to identify business opportunities and handle areas of improvement to minimize loss and reputational risks and develop high-level marketing networks. They also assist with implementing policies and procedures to manage the efficiency of employees to ensure client satisfaction.
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.
Executive board members and chief executive officers have different pay scales, as shown below.
| Executive Board Member | Chief Executive Officer | |
| Average salary | $95,749 | $192,260 |
| Salary range | Between $29,000 And $312,000 | Between $104,000 And $354,000 |
| Highest paying City | - | Urban Honolulu, HI |
| Highest paying state | - | Hawaii |
| Best paying company | - | Alecto Healthcare Services LLC |
| Best paying industry | - | Start-up |
There are a few differences between an executive board member and a chief executive officer in terms of educational background:
| Executive Board Member | Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive board members' and chief executive officers' demographics:
| Executive Board Member | Chief Executive Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 68.5% Female, 31.5% |
| Race ratio | 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% | 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 Percentage | 12% | 12% |