Managing partner vs chief executive officer

The differences between managing partners and chief executive officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a managing partner, becoming a chief executive officer takes usually requires More than 10 years. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $147,401 average annual salary of a managing partner.

The top three skills for a managing partner include food handling, cleanliness and customer service. The most important skills for a chief executive officer are healthcare, patients, and patient care.

Managing partner vs chief executive officer overview

	Managing Partner	Chief Executive Officer
Yearly salary	$147,401	$192,260
Hourly rate	$70.87	$92.43
Growth rate	6%	6%
Number of jobs	66,916	149,185
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 59%
Average age	44	52
Years of experience	6	-

What does a managing partner do?

The primary role of managing partners is to manage a company's day-to-day operations and provide overall strategic and administrative decisions. They have to maintain positive client relations and consult and collaborate with other employees, executives, and board members. They are also responsible for overseeing recruitment activities, determining improvement gaps, and administering corrective measures. To be qualified for this position, one should have a degree in business administration or a related field, excellent leadership and communication skills, and a healthy analytical and strategic mindset.

What does a chief executive officer do?

A chief executive officer is the overall head of the company's operations. Chief executive officers are responsible for making corporate decisions that would define the company's performance in the market. A chief executive officer must display exceptional leadership and decision-making skills to create business growth and development strategies. The chief executive officers also provide a regular business update to the board regarding the company's status. They should also be able to identify business opportunities and create long-lasting, professional relationships with business partners and other organizations.

Managing partner vs chief executive officer salary

Managing partners and chief executive officers have different pay scales, as shown below.

	Managing Partner	Chief Executive Officer
Average salary	$147,401	$192,260
Salary range	Between $83,000 And $259,000	Between $104,000 And $354,000
Highest paying City	New York, NY	Urban Honolulu, HI
Highest paying state	New York	Hawaii
Best paying company	Gartner	Alecto Healthcare Services LLC
Best paying industry	Construction	Start-up

Differences between managing partner and chief executive officer education

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

	Managing Partner	Chief Executive Officer
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Managing partner vs chief executive officer demographics

Here are the differences between managing partners' and chief executive officers' demographics:

	Managing Partner	Chief Executive Officer
Average age	44	52
Gender ratio	Male, 79.0% Female, 21.0%	Male, 68.5% Female, 31.5%
Race ratio	Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.1% American Indian and Alaska Native, 0.5%	Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6%
LGBT Percentage	10%	12%

Differences between managing partner and chief executive officer duties and responsibilities

Managing partner example responsibilities.

Manage website, eBay, and Facebook marketing, as well as vendor relations and cross-marketing with vendors.
Manage daily operations, including office administration, accounts-payable, accounts-receivable, and payroll processing.
Develop and implement marketing campaigns, and manage a variety self-contain EMR systems for numerous private practice healthcare providers.
Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
Perform all business development, sales, marketing, basic web design and SEO; administrative operations and actual event performance.
Create and develop internet presence via website and FaceBook.

Chief executive officer example responsibilities.

Manage the bidding process by reviewing all RFP and preparing responses.
Manage complex Google, Facebook, SEO/Content, drip email, behavior base emails, and so much more.
Manage and grow Instagram accounts of large and small businesses as well as individual accounts such as models and singers.
Design, execute, and manage the construction and d cor of store location and seasonal windows of old store location.
Develop an IP within the e-Gaming & mobile-gaming world that can achieve ad revenue greater than Google or Facebook potentially combine.
Source and manage contractors for frontend JavaScript development.

Managing partner vs chief executive officer skills

Common managing partner skills

Food Handling, 20%
Cleanliness, 18%
Customer Service, 9%
Financial Statements, 5%
Regulatory Compliance, 4%
POS, 4%

Common chief executive officer skills

Healthcare, 13%
Patients, 10%
Patient Care, 8%
Customer Service, 8%
Financial Management, 6%
Oversight, 5%

Managing Partner vs. similar jobs

Managing Partner related careers

Managing Partner related jobs

What similar roles do

Zippia Careers
Executive Management Industry
Managing Partner
Managing Partner vs Chief Executive Officer

Updated January 8, 2025

Browse executive management jobs