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.
Executive vice president responsibilities
Here are examples of responsibilities from real executive vice president resumes:
- 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.
- Define reimbursement strategy and secure Medicare outpatient reimbursement code (APC).
- Vet, acquire and implant a new EMR in order to become compliant with current Medicare & HIPPA guidelines.
- Develop and execute social media campaigns for clients specifically utilizing Facebook and other social media tools.
- Develop and incorporate customer engagement model, portfolio development, customer service, cost reduction, and technology strategies.
- Coordinate involvement in governmental affairs and interaction with Washington, D.C., lobbyists and elect officials relating to healthcare initiatives.
- Collaborate with operational, financial, strategic steering and leadership oversight for the development and administration of this grass roots organization.
- Formalize public policy and advocacy program by developing healthcare agenda with define guiding principles to focus limit resources on major issues.
- Collaborate with strategic planning groups to develop overall negotiation strategy for each transaction, keeping in line with global portfolio initiatives.
- Staff scheduling, billing and coding, with Medicaid/Medicare claim process.
Executive vice president skills and personality traits
We calculated that 9% of Executive Vice Presidents are proficient in Financial Statements, Oversight, and Business Development. They’re also known for soft skills such as Leadership skills, Management skills, and Problem-solving skills.
We break down the percentage of Executive Vice Presidents that have these skills listed on their resume here:
- Financial Statements, 9%
Provided analysis of financial statements of a privately held company for HNW individual and attended BOD meeting as his financial representative.
- Oversight, 6%
Assumed responsibility for the operational oversight of the 5 Bugaboo regional supervisors as direct reports to streamline overhead and replace redundancies.
- Business Development, 6%
Headed several business groups including Business Development/Marketing, Client Benefits, Human Resource Consulting, Customer Service, Underwriting and Pricing.
- Healthcare, 6%
Served in a variety of healthcare information systems consulting/project management engagements as a Senior Consultant prior to promotion to executive position.
- Revenue Growth, 6%
Conducted comprehensive business analysis and forecasting to ensure consistent revenue growth.
- Strategic Partnerships, 4%
Led customer relationship management, developed strategic partnerships, and managed engineering, technology development, and internal IT.
Common skills that an executive vice president uses to do their job include "financial statements," "oversight," and "business development." You can find details on the most important executive vice president responsibilities below.
Leadership skills. The most essential soft skill for an executive vice president to carry out their responsibilities is leadership skills. This skill is important for the role because "top executives must be able to shape and direct an organization by coordinating policies, people, and resources." Additionally, an executive vice president resume shows how their duties depend on leadership skills: "served as cigna's central florida's representative on the healthcare leadership council. "
Problem-solving skills. Another skill that relates to the job responsibilities of executive vice presidents is problem-solving skills. This skill is critical to many everyday executive vice president duties, as "top executives need to identify and resolve issues within an organization." This example from a resume shows how this skill is used: "crafted customized revenue cycle outsourcing solutions for healthcare systems, hospitals, and physician groups; oversaw day-to-day firm operations. "
Time-management skills. executive vice president responsibilities often require "time-management skills." The duties that rely on this skill are shown by the fact that "top executives do many tasks concurrently to ensure that their work gets done and that the organization meets its goals." This resume example shows what executive vice presidents do with time-management skills on a typical day: "sap erp system successfully implemented on time and under budget. "
Communication skills. A commonly-found skill in executive vice president job descriptions, "communication skills" is essential to what executive vice presidents do. Executive vice president responsibilities rely on this skill because "top executives must be able to convey information clearly and persuasively." You can also see how executive vice president duties rely on communication skills in this resume example: "directed external communications and investor relations program, managed expectations of analysts and investors during the restructuring process. "
The three companies that hire the most executive vice presidents are:
- JLL19 executive vice presidents jobs
- Wps Health Insurance14 executive vice presidents jobs
- Ketchum12 executive vice presidents jobs
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Executive vice president vs. President/chief executive officer
Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.
There are some key differences in the responsibilities of each position. For example, executive vice president responsibilities require skills like "evp," "loan portfolio," "client relationships," and "executive committee." Meanwhile a typical president/chief executive officer has skills in areas such as "start-up," "product line," "non-profit organization," and "government agencies." This difference in skills reveals the differences in what each career does.
President/chief executive officers earn the highest salaries when working in the finance industry, with an average yearly salary of $179,795. On the other hand, executive vice presidents are paid more in the telecommunication industry with an average salary of $198,405.On average, president/chief executive officers reach similar levels of education than executive vice presidents. President/chief executive officers are 1.3% more likely to earn a Master's Degree and 0.0% less likely to graduate with a Doctoral Degree.Executive vice president vs. Vice president & general manager
A vice president and general manager's role is to implement policies and regulations while overseeing the business operations. Typically, it is their primary responsibility to devise training programs that would produce more efficient workforce members, create new strategies to boost sales and customer satisfaction, and participate in budget and goals creation. They mainly report to high-ranking officials such as the president and board members. Furthermore, a vice president and general manager may perform clerical tasks such as preparing progress reports and presentations, managing schedules, and responding to correspondence.
In addition to the difference in salary, there are some other key differences worth noting. For example, executive vice president responsibilities are more likely to require skills like "financial statements," "oversight," "healthcare," and "evp." Meanwhile, a vice president & general manager has duties that require skills in areas such as "customer service," "business strategy," "project management," and "product line." These differences highlight just how different the day-to-day in each role looks.
Vice president & general managers earn a lower average salary than executive vice presidents. But vice president & general managers earn the highest pay in the media industry, with an average salary of $172,642. Additionally, executive vice presidents earn the highest salaries in the telecommunication with average pay of $198,405 annually.vice president & general managers earn similar levels of education than executive vice presidents in general. They're 0.7% more likely to graduate with a Master's Degree and 0.0% less likely to earn a Doctoral Degree.Executive vice president vs. Vice president of programming
A vice president of programming is responsible for organizing schedules and negotiating contracts with media producers of networks to release advertisements and other related campaigns for business operations. Vice presidents of programming handle the technical aspect of the creative operations and ensure the stability and efficient performance of network systems to deliver high-quality functions. They also manage the budget and resource allocation, review project management procedures, coordinate with clients, and assist the team in achieving operational goals.
The required skills of the two careers differ considerably. For example, executive vice presidents are more likely to have skills like "financial statements," "healthcare," "revenue growth," and "evp." But a vice president of programming is more likely to have skills like "project management," "portfolio," "program management," and "lean six sigma."
Vice president of programmings make a very good living in the finance industry with an average annual salary of $137,521. On the other hand, executive vice presidents are paid the highest salary in the telecommunication industry, with average annual pay of $198,405.vice president of programmings typically earn similar educational levels compared to executive vice presidents. Specifically, they're 1.3% less likely to graduate with a Master's Degree, and 1.7% less likely to earn a Doctoral Degree.Executive vice president vs. President
Presidents are usually the highest-level executives in an organization. They oversee the whole company. They identify clear goals and provide strategic direction as the company works towards the achievement of their overall vision. Presidents are the decision-makers in the company. They make crucial decisions to ensure that the company continues to grow and survives challenges that come their way. They are expected to consider all stakeholders, from the board of directors and employees to the customers in their decision-making process. Presidents also represent the company in external functions, especially during high-level events. As such, they are expected to be professional, well-mannered, and good communicators.
Types of executive vice president
Updated January 8, 2025











