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The differences between executive directors/chief executive officer 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 director/chief executive officer and a vice president. Additionally, a vice president has an average salary of $158,637, 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 a vice president are healthcare, oversight, and project management.
| Executive Director/Chief Executive Officer | Vice President | |
| Yearly salary | $133,699 | $158,637 |
| Hourly rate | $64.28 | $76.27 |
| Growth rate | 6% | 6% |
| Number of jobs | 168,416 | 119,530 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 72% |
| 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.
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 directors/chief executive officer and vice presidents have different pay scales, as shown below.
| Executive Director/Chief Executive Officer | Vice President | |
| Average salary | $133,699 | $158,637 |
| Salary range | Between $77,000 And $231,000 | Between $107,000 And $235,000 |
| Highest paying City | Palo Alto, CA | San Francisco, CA |
| Highest paying state | California | New York |
| Best paying company | Open Society Foundations | Brookfield Properties |
| Best paying industry | - | Manufacturing |
There are a few differences between an executive director/chief executive officer and a vice president in terms of educational background:
| Executive Director/Chief Executive Officer | Vice President | |
| Most common degree | Bachelor's Degree, 60% | Bachelor's Degree, 72% |
| 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 vice presidents' demographics:
| Executive Director/Chief Executive Officer | Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 65.7% Female, 34.3% | Male, 65.8% Female, 34.2% |
| 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, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |