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Owner vs president/chief executive officer

The differences between owners and president/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 president/chief executive officer. Additionally, a president/chief executive officer has an average salary of $240,732, 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 president/chief executive officer are financial management, revenue growth, and R.

Owner vs president/chief executive officer overview

OwnerPresident/Chief Executive Officer
Yearly salary$90,334$240,732
Hourly rate$43.43$115.74
Growth rate6%6%
Number of jobs86,486163,378
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 64%
Average age5252
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 president/chief executive officer do?

Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.

Owner vs president/chief executive officer salary

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

OwnerPresident/Chief Executive Officer
Average salary$90,334$240,732
Salary rangeBetween $60,000 And $135,000Between $134,000 And $429,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew JerseyNew Jersey
Best paying companyBP America IncBetter Homes and Gardens Real Estate
Best paying industry-Finance

Differences between owner and president/chief executive officer education

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

OwnerPresident/Chief Executive Officer
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 64%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Owner vs president/chief executive officer demographics

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

OwnerPresident/Chief Executive Officer
Average age5252
Gender ratioMale, 63.1% Female, 36.9%Male, 78.9% Female, 21.1%
Race ratioBlack 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between owner and president/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.
  • Show more

President/chief executive officer example responsibilities.

  • Achieve consistent annual growth in revenue and EBITDA through a combination of organic sales growth and add on acquisitions.
  • Direct internal operations to achieve budget results and other financial criteria, metrics, KPI s, reporting and governance.
  • Develop and manage online retail presence utilizing SEO and SEM strategies to improve Google and search engine rank increasing online revenues.
  • Install KPI's (key performance indicators) to manage project work flow, input development and accountability programs by department.
  • Lead organization through its first CARF accreditation and Medicaid certification.
  • Lead design and implementation of on-line scheduling application, including telephony and interface to general ledger for payroll and billing.
  • Show more

Owner vs president/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 president/chief executive officer skills
  • Financial Management, 10%
  • Revenue Growth, 7%
  • R, 6%
  • Product Development, 6%
  • Strategic Partnerships, 5%
  • Business Plan, 5%

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