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Working as a President/Chief Executive Officer

We are all aware of famous chief executive officers (CEO) such as Tim Cook, Elon Musk, Warren Buffet, Satya Nadella, and Sundar Pichai. Stock prices, market adoption, product innovation, and economic prosperity are all affected by the decisions of these CEOs. We can imagine how much brainpower is used daily to run operations of a company valued at $1 trillion.

The primary role of a chief executive officer is to manage the resources and operations of an organization. Daily, they are involved in developing operational strategies, launching marketing initiatives, managing staff operations, and overseeing business pricing structures. Besides that, they also monitor financial performance, lead system improvements, and facilitate compliance programming.

To be a CEO, one must at least have a bachelor's degree. It could be one that is business-related or more specialized, such as engineering. More importantly, work experience in a senior management role must be shown, such as a director of an operation or a vice president in a specific department. A chief executive officer earns, on average, $100 per hour.

There is more than meets the eye when it comes to being a president/chief executive officer. For example, did you know that they make an average of $115.48 an hour? That's $240,200 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does a President/Chief Executive Officer Do

There are certain skills that many president/chief executive officers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, leadership skills and management skills.

When it comes to the most important skills required to be a president/chief executive officer, we found that a lot of resumes listed 9.3% of president/chief executive officers included financial management, while 9.0% of resumes included business development, and 6.8% of resumes included revenue growth. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the president/chief executive officer job title. But what industry to start with? Most president/chief executive officers actually find jobs in the manufacturing and finance industries.

How To Become a President/Chief Executive Officer

If you're interested in becoming a president/chief executive officer, one of the first things to consider is how much education you need. We've determined that 42.1% of president/chief executive officers have a bachelor's degree. In terms of higher education levels, we found that 29.3% of president/chief executive officers have master's degrees. Even though most president/chief executive officers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a president/chief executive officer. When we researched the most common majors for a president/chief executive officer, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on president/chief executive officer resumes include associate degree degrees or doctoral degree degrees.

You may find that experience in other jobs will help you become a president/chief executive officer. In fact, many president/chief executive officer jobs require experience in a role such as vice president. Meanwhile, many president/chief executive officers also have previous career experience in roles such as president or senior vice president.

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Average Salary$240,200
Job Growth Rate6%

President/Chief Executive Officer Career Paths

Top Careers Before President/Chief Executive Officer

Top Careers After President/Chief Executive Officer

President
12.2 %

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Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a President/Chief Executive Officer

President/Chief Executive Officers in America make an average salary of $240,200 per year or $115 per hour. The top 10 percent makes over $455,000 per year, while the bottom 10 percent under $126,000 per year.
Average Salary
$240,200

Best Paying Cities

City
Average Salary
Philadelphia, PA
Salary Range220k - 458k$318k$318,109
Washington, DC
Salary Range213k - 441k$307k$307,252
Parsippany-Troy Hills, NJ
Salary Range210k - 440k$304k$304,067
Phoenix, AZ
Salary Range211k - 411k$295k$294,886
Boston, MA
Salary Range188k - 397k$274k$273,664
Las Vegas, NV
Salary Range196k - 380k$273k$273,443
$128k
$458k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
President and Chief Executive Officer
President and Chief Executive Officer
United Way of America
United Way of America
01/29/2021
01/29/2021
$115,00001/29/2021
$115,000
President/Ceo
President/Ceo
Ur Medicine | Jones Memorial Hospital
Ur Medicine | Jones Memorial Hospital
01/20/2021
01/20/2021
$229,57001/20/2021
$229,570
Executive Assistant Position for President/Ceo
Executive Assistant Position for President/Ceo
Atlantic, Tomorrow's Office
Atlantic, Tomorrow's Office
01/05/2021
01/05/2021
$75,00001/05/2021
$75,000
President/Ceo
President/Ceo
International City Management
International City Management
11/18/2020
11/18/2020
$177,50011/18/2020
$177,500
President & Chief Executive Officer
President & Chief Executive Officer
United Way of America
United Way of America
11/10/2020
11/10/2020
$130,00011/10/2020
$130,000
See More Recent Salaries

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President/Chief Executive Officer Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a President/Chief Executive Officer. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a President/Chief Executive Officer Resume

At Zippia, we went through countless President/Chief Executive Officer resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

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President/Chief Executive Officer Demographics

Gender

male

74.6 %

female

21.4 %

unknown

4.0 %

Ethnicity

White

80.1 %

Hispanic or Latino

7.2 %

Asian

7.1 %

Foreign Languages Spoken

Spanish

44.1 %

French

14.0 %

German

7.4 %
See More Demographics

President/Chief Executive Officer Education

Majors

Business
38.0 %
Finance
7.4 %

Degrees

Bachelors

42.1 %

Masters

29.3 %

Associate

8.5 %

Top Colleges for President/Chief Executive Officers

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. University of Texas at Austin

Austin, TX • Public

In-State Tuition
$10,610
Enrollment
40,329

5. SUNY at Binghamton

Vestal, NY • Public

In-State Tuition
$9,808
Enrollment
13,990

6. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161

9. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

10. Pennsylvania State University

University Park, PA • Public

In-State Tuition
$18,454
Enrollment
40,108
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a President/Chief Executive Officer

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 9.3% of president/chief executive officers listed financial management on their resume, but soft skills such as communication skills and leadership skills are important as well.

Best States For a President/Chief Executive Officer

Some places are better than others when it comes to starting a career as a president/chief executive officer. The best states for people in this position are Hawaii, Rhode Island, Arizona, and Pennsylvania. President/chief executive officers make the most in Hawaii with an average salary of $213,266. Whereas in Rhode Island and Arizona, they would average $205,684 and $203,451, respectively. While president/chief executive officers would only make an average of $200,448 in Pennsylvania, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Rhode Island

Total President/Chief Executive Officer Jobs:
90
Highest 10% Earn:
$287,000
Location Quotient:
1.22
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Nevada

Total President/Chief Executive Officer Jobs:
188
Highest 10% Earn:
$280,000
Location Quotient:
1.27
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Arizona

Total President/Chief Executive Officer Jobs:
428
Highest 10% Earn:
$283,000
Location Quotient:
1.09
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top President/Chief Executive Officer Employers

1. Bank of America
4.8
Avg. Salary: 
$104,465
President/Chief Executive Officers Hired: 
61+
2. YMCA of Greater Indianapolis
3.6
Avg. Salary: 
$157,436
President/Chief Executive Officers Hired: 
12+
3. United Way
3.9
Avg. Salary: 
$117,296
President/Chief Executive Officers Hired: 
10+
4. Professional Service
4.5
Avg. Salary: 
$181,865
President/Chief Executive Officers Hired: 
10+
5. prism
4.2
Avg. Salary: 
$135,342
President/Chief Executive Officers Hired: 
10+
6. Urban Lending Solutions
4.1
Avg. Salary: 
$93,735
President/Chief Executive Officers Hired: 
10+

President/Chief Executive Officer Videos

Updated October 2, 2020