Managing member vs chief operating officer

The differences between managing members and chief operating officers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a chief operating officer has an average salary of $136,604, which is higher than the $92,537 average annual salary of a managing member.

The top three skills for a managing member include financial statements, real estate and payroll. The most important skills for a chief operating officer are healthcare, customer service, and oversight.

Managing member vs chief operating officer overview

	Managing Member	Chief Operating Officer
Yearly salary	$92,537	$136,604
Hourly rate	$44.49	$65.67
Growth rate	6%	6%
Number of jobs	26,657	128,993
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 65%
Average age	47	52
Years of experience	-	-

What does a managing member do?

A managing member is an individual who has an ownership interest of a limited liability company (LLC) and is involved in its daily management. Managing members have an authoritative position that allows them to represent the company in contract negotiations and agree to the terms of a binding contract. They can purchase and sell properties owned by the company and can hire or terminate employees. Managing members also receive salaries and are not entitled to share in the profit or loss of the company.

What does a chief operating officer do?

A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.

Managing member vs chief operating officer salary

Managing members and chief operating officers have different pay scales, as shown below.

	Managing Member	Chief Operating Officer
Average salary	$92,537	$136,604
Salary range	Between $49,000 And $172,000	Between $81,000 And $229,000
Highest paying City	San Jose, CA	Jersey City, NJ
Highest paying state	Connecticut	New Jersey
Best paying company	Memorial Sloan Kettering Cancer Center	Baker McKenzie
Best paying industry	Government	Manufacturing

Differences between managing member and chief operating officer education

There are a few differences between a managing member and a chief operating officer in terms of educational background:

	Managing Member	Chief Operating Officer
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 65%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Managing member vs chief operating officer demographics

Here are the differences between managing members' and chief operating officers' demographics:

	Managing Member	Chief Operating Officer
Average age	47	52
Gender ratio	Male, 69.2% Female, 30.8%	Male, 76.6% Female, 23.4%
Race ratio	Black or African American, 7.6% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 8.9% White, 65.5% American Indian and Alaska Native, 0.7%	Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6%
LGBT Percentage	10%	12%

Differences between managing member and chief operating officer duties and responsibilities

Managing member example responsibilities.

Founded, develop and manage a playwriting group for NYC playwrights.
Manage concurrent projects locate across multiple time zones during daytime and off-hours maintenance windows.
Manage marketing and social media marketing activities, as well as company's e-commerce business and daily operations.
Form and manage an LLC for the manufacturing, sales, and distribution of an extremely unique line of magnetic jewelry.
Manage a portfolio of web assets on a part-time basis including e-commerce, video production services and a San Antonio blog.
Manage the day to day operation/financial operations of Medicare certify home health agency.

Chief operating officer example responsibilities.

Manage the RFP process and present investment packages to local and regional lenders to procure acquisition and long term debt financing.
Develop and integrate care services, achieve and maintain JCAHO accreditation.
Attain ISO registration, resulting in excellent documentation and adherence to operational and administrative process controls.
Manage the implementation of a new supply base global ERP system that reduce inventory and enable just-in-time delivery.
Establish, manage and coordinate activities of this start-up management company specializing in turning around trouble health insurance plans.
Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.

Managing member vs chief operating officer skills

Common managing member skills

Financial Statements, 14%
Real Estate, 11%
Payroll, 8%
Business Development, 6%
Product Development, 5%
R, 4%

Common chief operating officer skills

Healthcare, 11%
Customer Service, 8%
Oversight, 7%
Financial Management, 7%
Business Strategies, 6%
Human Resources, 6%

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Managing Member
Managing Member vs Chief Operating Officer

Updated January 8, 2025

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