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Become An Executive Vice President

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Working As An Executive Vice President

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Communicating with Persons Outside Organization
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Make Decisions

  • $178,000

    Average Salary

What Does An Executive Vice President Do

Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.

Duties

Top executives typically do the following:

  • Establish and carry out departmental or organizational goals, policies, and procedures
  • Direct and oversee an organization’s financial and budgetary activities
  • Manage general activities related to making products and providing services
  • Consult with other executives, staff, and board members about general operations
  • Negotiate or approve contracts and agreements
  • Appoint department heads and managers
  • Analyze financial statements, sales reports, and other performance indicators
  • Identify places to cut costs and to improve performance, policies, and programs

The responsibilities of top executives largely depend on an organization’s size. For example, an owner or manager of a small organization, such as an independent retail store, often is responsible for purchasing, hiring, training, quality control, and day-to-day supervisory duties. In large organizations, however, top executives typically focus more on formulating policies and strategic planning, while general and operations managers direct day-to-day operations.

The following are examples of types of top executives working in the private sector:

Chief executive officers (CEOs), who are also known by titles such as executive director, managing director, or president, provide overall direction for companies and organizations. CEOs manage company operations, formulate and implement policies, and ensure goals are met. They collaborate with and direct the work of other top executives and typically report to a board of directors.

Chief operating officers (COOs) oversee other executives who direct the activities of various departments, such as human resources and sales. They also carry out the organization’s guidelines on a day-to-day basis.

General and operations managers oversee operations that are too diverse and general to be classified into one area of management or administration. Responsibilities may include formulating policies, managing daily operations, and planning the use of materials and human resources. They make staff schedules, assign work, and ensure that projects are completed. In some organizations, the tasks of chief executive officers may overlap with those of general and operations managers.

The following are examples of types of top executives working in the public sector:

Mayors, along with governors, city managers, and county administrators, are chief executive officers of governments. They typically oversee budgets, programs, and the use of resources. Mayors and governors must be elected to office, whereas managers and administrators are typically appointed. 

Most educational systems, regardless of whether they are public or private school systems, also employ executive officers. The following are examples of top executives working in the elementary, secondary, and postsecondary educational school systems:

School superintendents and college or university presidents are chief executive officers of school districts and postsecondary schools. They manage issues such as student achievement, budgets and resources, general operations, and relations with government agencies and other stakeholders.

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How To Become An Executive Vice President

Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience. 

Education

Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).

College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.

Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.

Work Experience in a Related Occupation

Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.

Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.

Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.

Important Qualities

Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.

Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.

Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.

Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.

Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.

Time-management skills. Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals.

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Executive Vice President Career Paths

Executive Vice President
Chief Finance Officer
Chief Finance And Operating Officer
14 Yearsyrs
Chief Operating Officer
11 Yearsyrs
Managing Director
11 Yearsyrs
Chief Operating Officer
President & Chief Operating Officer
13 Yearsyrs
Managing Director
Operations Vice President
11 Yearsyrs
Board Of Directors Member
Chairperson, Board Of Directors
6 Yearsyrs
Chief Marketing Officer
10 Yearsyrs
Executive Vice President Of Operations
13 Yearsyrs
Owner And Chief Executive Officer
7 Yearsyrs
Chief Technology Officer
President & Chief Technology Officer
13 Yearsyrs
Chief Technology Officer
11 Yearsyrs
Co-Owner
Business Development Director
11 Yearsyrs
Chief Executive Officer And Operator
9 Yearsyrs
Creative Director
Marketing Vice President
10 Yearsyrs
President/Chief Executive Officer
Advisory Board Member
5 Yearsyrs
Chief Nursing Officer
Interim Director
10 Yearsyrs
Chief Nursing Officer
13 Yearsyrs
Executive Assistant To Chief Executive Officer
Administrative Director
8 Yearsyrs
Planning Committee Member
Commissioner
5 Yearsyrs
Chief Executive Officer
Business Director
10 Yearsyrs
Chief Administrative Officer
11 Yearsyrs
Client Services Director
Client Services Vice President
11 Yearsyrs
Client Services Director
9 Yearsyrs
Director Of Talent Acquisition
Human Resources Vice President
12 Yearsyrs
Director Of Talent Acquisition
11 Yearsyrs
Business Director
Sales And Marketing Vice President
11 Yearsyrs
Director Of Sales & Business Development
Sales Vice President
12 Yearsyrs
Director, National Accounts
Director Of Sales And Marketing
9 Yearsyrs
Risk Management Director
Compliance Vice President
12 Yearsyrs
Co-Chair
Center Director
7 Yearsyrs
Chief Administrative Officer
Chief Of Staff
7 Yearsyrs
Owner And Chief Executive Officer
Service Director
9 Yearsyrs
Chief Executive Officer And Operator
Regional Vice President
11 Yearsyrs
President & Chief Operating Officer
Global Director
14 Yearsyrs
Director Of Digital Marketing
Director Of Strategy
11 Yearsyrs
Executive Director/Chief Executive Officer
Finance Vice President
10 Yearsyrs
Chairperson, Board Of Directors
Regional Director
9 Yearsyrs
Marketing Operations Director
Vice President & General Manager
12 Yearsyrs
Chief Compliance Officer
Accounting Director
11 Yearsyrs
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Average Length of Employment
Managing Director 4.6 years
Vice President 4.2 years
Top Careers Before Executive Vice President
President 8.0%
Director 5.3%
Manager 3.0%
Consultant 2.7%
Internship 2.6%
Controller 2.6%
Top Careers After Executive Vice President
President 13.9%
Consultant 6.2%
Principal 4.7%
Owner 3.3%
Director 2.6%
Internship 2.1%
Partner 2.1%

Do you work as an Executive Vice President?

Executive Vice President Demographics

Gender

Male

67.2%

Female

23.7%

Unknown

9.1%
Ethnicity

White

62.7%

Hispanic or Latino

14.1%

Black or African American

11.8%

Asian

7.6%

Unknown

3.8%
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Foreign Languages Spoken

Spanish

37.0%

French

13.9%

German

7.1%

Chinese

6.2%

Japanese

5.4%

Mandarin

4.6%

Italian

4.0%

Portuguese

3.7%

Korean

2.7%

Russian

2.7%

Hindi

2.1%

Cantonese

1.5%

Carrier

1.5%

Arabic

1.5%

Hebrew

1.2%

Dutch

1.0%

Urdu

1.0%

Irish

1.0%

Gujarati

1.0%

Dakota

0.8%
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Executive Vice President Education

Schools

New York University

9.8%

Harvard University

7.5%

University of Phoenix

7.3%

Pennsylvania State University

5.8%

University of Texas at Austin

5.4%

Northwestern University

5.3%

University of Pennsylvania

5.2%

Michigan State University

4.9%

University of Southern California

4.7%

Columbia University

4.6%

Arizona State University

4.5%

George Washington University

4.4%

University of Florida

4.1%

University of California - Los Angeles

4.0%

Temple University

4.0%

Boston University

3.8%

Ohio State University

3.7%

Northeastern University

3.7%

DePaul University

3.5%

Cornell University

3.5%
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Majors

Business

33.4%

Finance

11.2%

Accounting

9.3%

Marketing

6.5%

Management

5.9%

Law

5.4%

Political Science

4.0%

Communication

3.3%

Economics

3.2%

Psychology

2.5%

Education

2.5%

English

1.9%

Computer Science

1.7%

Journalism

1.6%

Human Resources Management

1.5%

History

1.4%

Electrical Engineering

1.2%

Mechanical Engineering

1.2%

Public Relations

1.2%

Real Estate

1.2%
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Degrees

Bachelors

46.0%

Masters

27.4%

Other

15.2%

Doctorate

6.0%

Associate

2.7%

Certificate

2.1%

Diploma

0.4%

License

0.2%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$178,000
View Detailed Salary Report
$111,000
Min 10%
$178,000
Median 50%
$178,000
Median 50%
$178,000
Median 50%
$178,000
Median 50%
$178,000
Median 50%
$178,000
Median 50%
$178,000
Median 50%
$288,000
Max 90%
Best Paying Company
Burger King
Highest Paying City
San Francisco, CA
Highest Paying State
Idaho
Avg Experience Level
5.1 years
How much does an Executive Vice President make at top companies?
The national average salary for an Executive Vice President in the United States is $179,070 per year or $86 per hour. Those in the bottom 10 percent make under $111,000 a year, and the top 10 percent make over $288,000.

Real Executive Vice President Salaries

Job Title Company Location Start Date Salary
Executive Vice President and Chief Financial Officer Lyondell Chemical Company Houston, TX Dec 08, 2016 $725,000
Executive Vice President of Development Westfield LLC CA Jan 12, 2015 $700,000 -
$800,000
Executive Vice President of Development Westfield LLC CA Dec 08, 2016 $700,000 -
$800,000
Executive Vice President of Development Westfield LLC CA Dec 21, 2015 $700,000 -
$800,000
Executive Vice President & President-Consumer Care Bayer Healthcare LLC NJ Feb 04, 2015 $650,000 -
$680,000
Executive Vice President-Global LNG Anadarko Petroleum Corporation The Woodlands, TX Jun 09, 2016 $625,000
Executive Vice President (EVP) & Head of International Group Wells Fargo Bank, N.A. San Francisco, CA Jan 10, 2016 $500,000
Executive Vice President, Chief Information, Performance and People Officer Burger King Corporation Miami, FL Mar 17, 2016 $500,000
Executive Vice President of Global Value Supply Chain Fuerst Group, Inc. Menlo Park, CA Sep 15, 2016 $500,000
Executive VP, Chief Information Performance & People Officer Burger King Corporation Miami, FL Jan 10, 2016 $500,000
Executive Vice President of Manufacturing and Sourcing The Donna Karan Company LLC New York, NY Aug 31, 2016 $450,000
Executive Vice President & Group Leader Olson + Co., Inc. New York, NY Sep 17, 2016 $450,000
Executive VP, President, Latin America & Caribbean Burger King Corporation Miami, FL Jun 29, 2015 $440,000
Executive Vice President, Specialty Brands Metrics, Inc. Raleigh, NC Sep 14, 2015 $290,000 -
$330,000
Executive Vice President, Head of US Funds and Investments QIC GRE Management (Us) Inc. El Segundo, CA Feb 29, 2016 $290,000
Executive Vice President-Finance Broadspectrum Americas, Inc. Houston, TX Aug 26, 2016 $288,000
Vice President, Executive Producer Cramer-Krasselt Chicago, IL Aug 15, 2016 $285,600
Vice President, Executive Producer Cramer-Krasselt Chicago, IL Feb 08, 2016 $285,600
Executive Vice President Herbstreith & Fox Inc. Elmsford, NY Feb 10, 2016 $281,745
Executive Vice President Herbstreith & Fox Inc. Elmsford, NY Sep 15, 2016 $281,745
Executive Vice President Lorna Jane USA, Inc. Santa Monica, CA Jul 28, 2016 $219,000
VP, Executive Partner Gartner, Inc. Stamford, CT Sep 07, 2015 $217,150
Executive Vice President Asahi Refining USA Inc. Salt Lake City, UT Sep 17, 2015 $215,254
Executive Vice President Aerospace Procurement/Supply Chain Latecoere International Inc. Miami, FL Dec 02, 2016 $215,000
Executive Vice President, Finance and Strategy Silicon Ranch Corporation Nashville, TN Jul 07, 2016 $215,000 -
$300,000
Executive Vice President Glock, Inc. Smyrna, GA Jan 13, 2015 $210,000 -
$250,000
College Executive Vice President Life Chiropractic College West Hayward, CA Jul 02, 2015 $210,000

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Top Skills for An Executive Vice President

  1. Business Development
  2. Financial Statements
  3. Revenue Growth
You can check out examples of real life uses of top skills on resumes here:
  • Define responsibilities for new business development, manage automotive sales functions and negotiate global automotive supply contracts with Fortune 100 customers.
  • Reviewed property financial statements and performed budget development with responsibility for reporting variances to owners and lenders.
  • Conducted comprehensive business analysis and forecasting to ensure consistent revenue growth.
  • Partnered with Chief Executive Officer in developing long-term strategic plan and managing growth in rapidly changing environment.
  • Managed day-to-day operations of the company to ensure compliance with all goals, objectives, and employee relations initiatives.

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Top 10 Best States for Executive Vice Presidents

  1. Illinois
  2. Massachusetts
  3. Rhode Island
  4. South Dakota
  5. District of Columbia
  6. New York
  7. Pennsylvania
  8. Nevada
  9. Georgia
  10. New Jersey
  • (1,733 jobs)
  • (1,524 jobs)
  • (111 jobs)
  • (55 jobs)
  • (411 jobs)
  • (3,244 jobs)
  • (964 jobs)
  • (197 jobs)
  • (785 jobs)
  • (1,236 jobs)

Top Executive Vice President Employers

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Jobs From Top Executive Vice President Employers

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