Owner vs chief executive officer

The differences between owners and chief executive 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 a chief executive officer. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $90,334 average annual salary of an owner.

The top three skills for an owner include customer service, payroll and financial statements. The most important skills for a chief executive officer are healthcare, patients, and patient care.

Owner vs chief executive officer overview

	Owner	Chief Executive Officer
Yearly salary	$90,334	$192,260
Hourly rate	$43.43	$92.43
Growth rate	6%	6%
Number of jobs	86,486	149,185
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 59%
Average age	52	52
Years of experience	-	-

What does an owner do?

Owners, in the most basic sense, own the business, company, or organization. They are responsible for building the business. They create business plans and the general vision and mission of the company, set goals, work on these goals, and ensure that the business keeps running. They manage all aspects of their business, from finances to marketing to people, etc. When the business becomes stable, owners eventually hire more employees. As such, owners also become overseers who would ensure that the organization remains afloat.

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.

Owner vs chief executive officer salary

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

	Owner	Chief Executive Officer
Average salary	$90,334	$192,260
Salary range	Between $60,000 And $135,000	Between $104,000 And $354,000
Highest paying City	New York, NY	Urban Honolulu, HI
Highest paying state	New Jersey	Hawaii
Best paying company	BP America Inc	Alecto Healthcare Services LLC
Best paying industry	-	Start-up

Differences between owner and chief executive officer education

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

	Owner	Chief Executive Officer
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Owner vs chief executive officer demographics

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

	Owner	Chief Executive Officer
Average age	52	52
Gender ratio	Male, 63.1% Female, 36.9%	Male, 68.5% Female, 31.5%
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, 7.8% White, 76.0% American Indian and Alaska Native, 0.6%
LGBT Percentage	12%	12%

Differences between owner and chief executive officer duties and responsibilities

Owner example responsibilities.

Manage web content and a PHP / MySQL application.
Create and develop a website to help clients easily manage their instagram account to gain exposure.
Execute all social media marketing and manage the company Facebook page/campaigns.
Manage human resource functions by generating payroll, scheduling and upholding company policies.
License Maryland home improvement contractor managing a small home improvement business that specializes in doors and windows.
Manage end to end business operations including hiring, scheduling visits, conducting customer consultations and performing pet visits.

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.

Owner vs chief executive officer skills

Common owner skills

Customer Service, 25%
Payroll, 17%
Financial Statements, 8%
Product Development, 7%
Real Estate, 3%
Business Development, 3%

Common chief executive officer skills

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

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Owner vs Chief Executive Officer

Updated January 8, 2025

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