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The differences between executive board members 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 an executive board member and a chief operating officer. Additionally, a chief operating officer has an average salary of $136,604, 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 operating officer are healthcare, customer service, and oversight.
| Executive Board Member | Chief Operating Officer | |
| Yearly salary | $95,749 | $136,604 |
| Hourly rate | $46.03 | $65.67 |
| Growth rate | 6% | 6% |
| Number of jobs | 69,385 | 128,993 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 65% |
| 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 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.
Executive board members and chief operating officers have different pay scales, as shown below.
| Executive Board Member | Chief Operating Officer | |
| Average salary | $95,749 | $136,604 |
| Salary range | Between $29,000 And $312,000 | Between $81,000 And $229,000 |
| Highest paying City | - | Jersey City, NJ |
| Highest paying state | - | New Jersey |
| Best paying company | - | Baker McKenzie |
| Best paying industry | - | Manufacturing |
There are a few differences between an executive board member and a chief operating officer in terms of educational background:
| Executive Board Member | Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive board members' and chief operating officers' demographics:
| Executive Board Member | Chief Operating Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 76.6% Female, 23.4% |
| 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, 3.7% 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% |