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Executive vice president vs division vice president

The differences between executive vice presidents and division vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become an executive vice president, becoming a division vice president takes usually requires 4-6 years. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $158,729 average annual salary of a division vice president.

The top three skills for an executive vice president include financial statements, oversight and business development. The most important skills for a division vice president are healthcare, oversight, and business development.

Executive vice president vs division vice president overview

Executive Vice PresidentDivision Vice President
Yearly salary$216,285$158,729
Hourly rate$103.98$76.31
Growth rate6%6%
Number of jobs123,98268,176
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 74%
Average age5244
Years of experience-6

What does an executive vice president do?

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.

What does a division vice president do?

Division Vice Presidents are company executives that oversee a particular department or division. They are often employed in companies with a varied product line or wide geographical reach, thus needing divisions to streamline processes. Division Vice Presidents should have a solid background in the particular division that they are handling. They ensure that their division's performance is at par or would even exceed company targets and expectations.

Executive vice president vs division vice president salary

Executive vice presidents and division vice presidents have different pay scales, as shown below.

Executive Vice PresidentDivision Vice President
Average salary$216,285$158,729
Salary rangeBetween $118,000 And $394,000Between $104,000 And $240,000
Highest paying CityWashington, DCMahwah, NJ
Highest paying stateWashingtonConnecticut
Best paying companyGartnerBarclays
Best paying industryTelecommunicationMedia

Differences between executive vice president and division vice president education

There are a few differences between an executive vice president and a division vice president in terms of educational background:

Executive Vice PresidentDivision Vice President
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Executive vice president vs division vice president demographics

Here are the differences between executive vice presidents' and division vice presidents' demographics:

Executive Vice PresidentDivision Vice President
Average age5244
Gender ratioMale, 74.7% Female, 25.3%Male, 78.4% Female, 21.6%
Race ratioBlack 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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%
LGBT Percentage12%10%

Differences between executive vice president and division vice president duties and responsibilities

Executive vice president example responsibilities.

  • Used data and KPI's to achieve consistent sales growth and below industry average turnover.
  • Manage logistics department, negotiate rates with suppliers, oversee incoming and outgoing inventory.
  • Lead the implementation of a new third-party ERP system, introducing sophisticate enterprise management system where none exist previously.
  • Manage operations and logistics, staff planning and supervision for all administrative, personnel, training and logistical requirements.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Provide oversight over subordinate supervisors and complete twice-monthly payroll activities, ensuring employees are paid as expected and on time.
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Division vice president example responsibilities.

  • Manage strategic alliances with distributor executives, together with communication and oversight of all corporate objectives and strategies.
  • Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
  • Evaluate progress of program plans to determine whether overall command-wide objectives are being accomplish economically with reference to budget and manpower.
  • Develop and submit quarterly reports of outcomes data to Medicare.
  • Complete search and execute agreements for local Korean sales representation for Hyundai and Kia in Seoul.
  • Develop Renault and Nissan as new customers.
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Executive vice president vs division vice president skills

Common executive vice president skills
  • Financial Statements, 9%
  • Oversight, 6%
  • Business Development, 6%
  • Healthcare, 6%
  • Revenue Growth, 6%
  • Strategic Partnerships, 4%
Common division vice president skills
  • Healthcare, 18%
  • Oversight, 8%
  • Business Development, 5%
  • Financial Statements, 4%
  • Risk Management, 4%
  • Due Diligence, 4%

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