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The differences between executive board members and co-founders 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 co-founder. Additionally, a co-founder has an average salary of $105,022, 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 co-founder are financial statements, business strategy, and business plan.
| Executive Board Member | Co-Founder | |
| Yearly salary | $95,749 | $105,022 |
| Hourly rate | $46.03 | $50.49 |
| Growth rate | 6% | 6% |
| Number of jobs | 69,385 | 4,214 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 73% |
| 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 Co-Founder is an essential member of a company as they complement the skills, vision, and mission of the Founder. Most of the time, the tasks of a Co-Founder revolve around the financial planning and developing strategies that would be beneficial for the company's financial gain and workforce. Furthermore, a Co-Founder must coordinate with the Founder and other staff and departments to remain aware of the progress or issues, should there be any, to provide timely resolutions.
Executive board members and co-founders have different pay scales, as shown below.
| Executive Board Member | Co-Founder | |
| Average salary | $95,749 | $105,022 |
| Salary range | Between $29,000 And $312,000 | Between $61,000 And $179,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between an executive board member and a co-founder in terms of educational background:
| Executive Board Member | Co-Founder | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive board members' and co-founders' demographics:
| Executive Board Member | Co-Founder | |
| Average age | 52 | 52 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 66.0% Female, 34.0% |
| 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, 7.6% Asian, 7.5% White, 76.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |