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The differences between executive vice presidents of operations and president & chief operating officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an executive vice president of operations, becoming a president & chief operating officer takes usually requires More than 10 years. Additionally, a president & chief operating officer has an average salary of $211,982, which is higher than the $166,924 average annual salary of an executive vice president of operations.
The top three skills for an executive vice president of operations include financial statements, EVP and process improvement. The most important skills for a president & chief operating officer are financial performance, revenue growth, and product development.
| Executive Vice President Of Operations | President & Chief Operating Officer | |
| Yearly salary | $166,924 | $211,982 |
| Hourly rate | $80.25 | $101.91 |
| Growth rate | 6% | 6% |
| Number of jobs | 203,938 | 130,349 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 69% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
Executive Vice President of Operations is responsible for leading the operational activities that lead to a more efficient and cost-effective in line with the short and long term goals of an organization. They are responsible for implementing operations strategy, recommending processes and technology improvements, and assisting in departmental decision-making such as staffing and procurement. Executive Vice President of Operations also supervises workflow progress, staff recruitment, training, performance evaluation, and termination of employees. They are also responsible for establishing company policies and standards, reviewing reports, administering departmental budgeting, and reporting periodic performance to senior leadership.
A president/chief operating officer is responsible for monitoring the overall daily business operations and implementing corporate decisions for the company and its people's best interests. Presidents/chief operating officers regularly meet with the key executives and business partners to share corporate updates and strategize techniques to improve functions and increase the brand's image in the market. They review financial performance and reports, conduct data and statistical analysis, and lead initiatives that would increase the company's productivity and efficiency.
Executive vice presidents of operations and president & chief operating officers have different pay scales, as shown below.
| Executive Vice President Of Operations | President & Chief Operating Officer | |
| Average salary | $166,924 | $211,982 |
| Salary range | Between $98,000 And $283,000 | Between $114,000 And $391,000 |
| Highest paying City | New York, NY | Las Vegas, NV |
| Highest paying state | New York | Nevada |
| Best paying company | RadioShack | Global Atlantic Financial Group Limited |
| Best paying industry | Manufacturing | Construction |
There are a few differences between an executive vice president of operations and a president & chief operating officer in terms of educational background:
| Executive Vice President Of Operations | President & Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between executive vice presidents of operations' and president & chief operating officers' demographics:
| Executive Vice President Of Operations | President & Chief Operating Officer | |
| Average age | 44 | 52 |
| Gender ratio | Male, 73.0% Female, 27.0% | Male, 86.1% Female, 13.9% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |