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President/chief executive officer vs executive vice president

The differences between president/chief executive officers and executive vice presidents can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a president/chief executive officer and an executive vice president. Additionally, a president/chief executive officer has an average salary of $240,732, which is higher than the $216,285 average annual salary of an executive vice president.

The top three skills for a president/chief executive officer include financial management, revenue growth and R. The most important skills for an executive vice president are financial statements, oversight, and business development.

President/chief executive officer vs executive vice president overview

President/Chief Executive OfficerExecutive Vice President
Yearly salary$240,732$216,285
Hourly rate$115.74$103.98
Growth rate6%6%
Number of jobs163,378123,982
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 71%
Average age5252
Years of experience--

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.

What does an executive vice president do?

An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.

President/chief executive officer vs executive vice president salary

President/chief executive officers and executive vice presidents have different pay scales, as shown below.

President/Chief Executive OfficerExecutive Vice President
Average salary$240,732$216,285
Salary rangeBetween $134,000 And $429,000Between $118,000 And $394,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateNew JerseyWashington
Best paying companyBetter Homes and Gardens Real EstateGartner
Best paying industryFinanceTelecommunication

Differences between president/chief executive officer and executive vice president education

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

President/Chief Executive OfficerExecutive Vice President
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President/chief executive officer vs executive vice president demographics

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

President/Chief Executive OfficerExecutive Vice President
Average age5252
Gender ratioMale, 78.9% Female, 21.1%Male, 74.7% Female, 25.3%
Race ratioBlack 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%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 president/chief executive officer and executive vice president duties and responsibilities

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.
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Executive vice president example responsibilities.

  • Used data and KPI's to achieve consistent sales growth and below industry average turnover.
  • Manage logistics department, negotiate rates with suppliers, oversee incoming and outgoing inventory.
  • Lead the implementation of a new third-party ERP system, introducing sophisticate enterprise management system where none exist previously.
  • Manage operations and logistics, staff planning and supervision for all administrative, personnel, training and logistical requirements.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Provide oversight over subordinate supervisors and complete twice-monthly payroll activities, ensuring employees are paid as expected and on time.
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President/chief executive officer vs executive vice president skills

Common president/chief executive officer skills
  • Financial Management, 10%
  • Revenue Growth, 7%
  • R, 6%
  • Product Development, 6%
  • Strategic Partnerships, 5%
  • Business Plan, 5%
Common executive vice president skills
  • Financial Statements, 9%
  • Oversight, 6%
  • Business Development, 6%
  • Healthcare, 6%
  • Revenue Growth, 6%
  • Strategic Partnerships, 4%

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