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The differences between founder and chief executive officers and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a founder and chief executive officer and a vice president, business development. Additionally, a founder and chief executive officer has an average salary of $171,886, which is higher than the $165,159 average annual salary of a vice president, business development.
The top three skills for a founder and chief executive officer include web design, financial statements and business strategy. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Founder And Chief Executive Officer | Vice President, Business Development | |
| Yearly salary | $171,886 | $165,159 |
| Hourly rate | $82.64 | $79.40 |
| Growth rate | 6% | 6% |
| Number of jobs | 130,252 | 188,137 |
| Job satisfaction | 4 | 5 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 73% |
| Average age | 52 | 52 |
| Years of experience | - | - |
Being the highest-ranking executive, founders, and chief executive officers (CEO) is responsible for making strategic corporate decisions for an organization. Their duties and responsibilities varied depending on the size, corporate structure, and culture of a company. These include acting as the primary point of contact between corporate operations and the board of directors, managing the entire resources and operations of a company, and being the company's public face. They are often more involved and hands-on with the company's daily operations and are expected to set the vision, tone, and culture of an organization.
A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
Founder and chief executive officers and vice presidents, business development have different pay scales, as shown below.
| Founder And Chief Executive Officer | Vice President, Business Development | |
| Average salary | $171,886 | $165,159 |
| Salary range | Between $107,000 And $275,000 | Between $104,000 And $262,000 |
| Highest paying City | New York, NY | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | UpGuard | Fanatics |
| Best paying industry | Energy | Manufacturing |
There are a few differences between a founder and chief executive officer and a vice president, business development in terms of educational background:
| Founder And Chief Executive Officer | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between founder and chief executive officers' and vice presidents, business development' demographics:
| Founder And Chief Executive Officer | Vice President, Business Development | |
| Average age | 52 | 52 |
| Gender ratio | Male, 73.2% Female, 26.8% | Male, 81.3% Female, 18.7% |
| Race ratio | 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% | 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 | 12% | 12% |