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Owner and chief executive officer vs president & chief operating officer

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 vs president & chief operating officer overview

Owner And Chief Executive OfficerPresident & Chief Operating Officer
Yearly salary$91,613$211,982
Hourly rate$44.04$101.91
Growth rate6%6%
Number of jobs198,481130,349
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 69%
Average age5252
Years of experience--

What does an owner and chief executive officer do?

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.

What does a president & chief operating officer do?

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 officer vs president & chief operating officer salary

Owner and chief executive officers and president & chief operating officers have different pay scales, as shown below.

Owner And Chief Executive OfficerPresident & Chief Operating Officer
Average salary$91,613$211,982
Salary rangeBetween $65,000 And $127,000Between $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

Differences between owner and chief executive officer and president & chief operating officer education

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 OfficerPresident & Chief Operating Officer
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Owner and chief executive officer vs president & chief operating officer demographics

Here are the differences between owner and chief executive officers' and president & chief operating officers' demographics:

Owner And Chief Executive OfficerPresident & Chief Operating Officer
Average age5252
Gender ratioMale, 68.8% Female, 31.2%Male, 86.1% Female, 13.9%
Race ratioBlack 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 Percentage12%12%

Differences between owner and chief executive officer and president & chief operating officer duties and responsibilities

Owner and chief executive officer example responsibilities.

  • Implement and actively manage POS system and relate activities.
  • Manage all personnel, purchasing, sales, POS, merchandising and operations.
  • Lead the effort to pursue the aerospace market as a growth opportunity and economic hedge.
  • Drive brand awareness and qualify leads through digital strategies including SEO, social media, and content marketing.
  • Direct strategic initiatives to achieve growth in precision machine parts, fabricate tubes and CNC machining across multiple industries.
  • Manage sale to venture-backed technology service provider base in NYC.
  • Show more

President & chief operating officer example responsibilities.

  • Establish, manage and coordinate activities of this start-up management company specializing in turning around trouble health insurance plans.
  • Institute financial and operational audits as part of normal ISO audit program to monitor branch operations.
  • Change this mid-size flexible packaging company from annual EBITDA losses of $-900K to a 3 year EBITDA avg.
  • Establish new partnerships in Asia for sourcing, manufacturing, leading engine technology, ISO certification for parent company.
  • Provide backup support to clinical veterinary staff for general and surgical events and attending veterinarian for regulatory oversight.
  • Provide system oversight for quality assurance tools utilize to measure and report best practices, compliance and economic opportunities.
  • Show more

Owner and chief executive officer vs president & chief operating officer skills

Common owner and chief executive officer skills
  • Web Design, 15%
  • Payroll, 10%
  • Financial Management, 9%
  • Product Development, 7%
  • R, 5%
  • Sales Strategies, 4%
Common president & chief operating officer skills
  • Financial Performance, 11%
  • Revenue Growth, 7%
  • Product Development, 7%
  • R, 7%
  • Strategic Partnerships, 5%
  • Strategic Plan, 4%

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