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The differences between owner and chief executive officers and president & chief operating officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an owner and chief executive officer and a president & chief operating officer. Additionally, a president & chief operating officer has an average salary of $211,982, which is higher than the $91,613 average annual salary of an owner and chief executive officer.
The top three skills for an owner and chief executive officer include web design, payroll and financial management. The most important skills for a president & chief operating officer are financial performance, revenue growth, and product development.
| Owner And Chief Executive Officer | President & Chief Operating Officer | |
| Yearly salary | $91,613 | $211,982 |
| Hourly rate | $44.04 | $101.91 |
| Growth rate | 6% | 6% |
| Number of jobs | 198,481 | 130,349 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 69% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A business owner can function as the chief executive officer (CEO) of his/her /her own company. Primarily, business owners derive their income or profit from business operations regardless of whether they are participating in its management. A CEO can be a paid executive whose primary job is to guide a company's day-to-day business activities. Owners are responsible for overseeing their company's ongoing evolution while a CEO's primary role is to control these activities. The CEO also develops strategies and tactics and communicates the company's direction to both employees and managers.
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.
Owner and chief executive officers and president & chief operating officers have different pay scales, as shown below.
| Owner And Chief Executive Officer | President & Chief Operating Officer | |
| Average salary | $91,613 | $211,982 |
| Salary range | Between $65,000 And $127,000 | Between $114,000 And $391,000 |
| Highest paying City | - | Las Vegas, NV |
| Highest paying state | - | Nevada |
| Best paying company | - | Global Atlantic Financial Group Limited |
| Best paying industry | - | Construction |
There are a few differences between an owner and chief executive officer and a president & chief operating officer in terms of educational background:
| Owner And Chief Executive Officer | President & Chief Operating Officer | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between owner and chief executive officers' and president & chief operating officers' demographics:
| Owner And Chief Executive Officer | President & Chief Operating Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 68.8% Female, 31.2% | Male, 86.1% Female, 13.9% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.8% 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% |