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The differences between executive directors/chief executive officer and executive 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 director/chief executive officer and an executive vice president. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $133,699 average annual salary of an executive director/chief executive officer.
The top three skills for an executive director/chief executive officer include financial management, regulatory compliance and business strategy. The most important skills for an executive vice president are financial statements, oversight, and business development.
| Executive Director/Chief Executive Officer | Executive Vice President | |
| Yearly salary | $133,699 | $216,285 |
| Hourly rate | $64.28 | $103.98 |
| Growth rate | 6% | 6% |
| Number of jobs | 168,416 | 123,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 71% |
| Average age | 52 | 52 |
| Years of experience | - | - |
An executive director/chief executive officer is an executive who is in-charged in the management of a company's overall operations and growth. The position is decided by the company's board and its shareholders. The executive's primary responsibilities include making major corporate decisions and managing company resources. The role of a chief executive officer varies depending on the size of the company, its culture, and corporate structure. Also, the position requires good interpersonal, leadership, analytical, and management skills to accomplish such responsibilities.
An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.
Executive directors/chief executive officer and executive vice presidents have different pay scales, as shown below.
| Executive Director/Chief Executive Officer | Executive Vice President | |
| Average salary | $133,699 | $216,285 |
| Salary range | Between $77,000 And $231,000 | Between $118,000 And $394,000 |
| Highest paying City | Palo Alto, CA | Washington, DC |
| Highest paying state | California | Washington |
| Best paying company | Open Society Foundations | Gartner |
| Best paying industry | - | Telecommunication |
There are a few differences between an executive director/chief executive officer and an executive vice president in terms of educational background:
| Executive Director/Chief Executive Officer | Executive Vice President | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive directors/chief executive officer' and executive vice presidents' demographics:
| Executive Director/Chief Executive Officer | Executive Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 65.7% Female, 34.3% | Male, 74.7% Female, 25.3% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.7% White, 76.2% American Indian and Alaska Native, 0.6% | 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% |
| LGBT Percentage | 12% | 12% |