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The differences between executive board members and vice presidents 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 vice president. Additionally, a vice president has an average salary of $158,637, 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 vice president are healthcare, oversight, and project management.
| Executive Board Member | Vice President | |
| Yearly salary | $95,749 | $158,637 |
| Hourly rate | $46.03 | $76.27 |
| Growth rate | 6% | 6% |
| Number of jobs | 69,385 | 119,530 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 72% |
| 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.
Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.
Executive board members and vice presidents have different pay scales, as shown below.
| Executive Board Member | Vice President | |
| Average salary | $95,749 | $158,637 |
| Salary range | Between $29,000 And $312,000 | Between $107,000 And $235,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | New York |
| Best paying company | - | Brookfield Properties |
| Best paying industry | - | Manufacturing |
There are a few differences between an executive board member and a vice president in terms of educational background:
| Executive Board Member | Vice President | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive board members' and vice presidents' demographics:
| Executive Board Member | Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 47.9% Female, 52.1% | Male, 65.8% Female, 34.2% |
| 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, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |