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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 | Executive Vice President | |
| Yearly salary | $240,732 | $216,285 |
| Hourly rate | $115.74 | $103.98 |
| Growth rate | 6% | 6% |
| Number of jobs | 163,378 | 123,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 71% |
| Average age | 52 | 52 |
| Years of experience | - | - |
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.
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 officers and executive vice presidents have different pay scales, as shown below.
| President/Chief Executive Officer | Executive Vice President | |
| Average salary | $240,732 | $216,285 |
| Salary range | Between $134,000 And $429,000 | Between $118,000 And $394,000 |
| Highest paying City | Washington, DC | Washington, DC |
| Highest paying state | New Jersey | Washington |
| Best paying company | Better Homes and Gardens Real Estate | Gartner |
| Best paying industry | Finance | Telecommunication |
There are a few differences between a president/chief executive officer and an executive vice president in terms of educational background:
| President/Chief Executive Officer | Executive Vice President | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between president/chief executive officers' and executive vice presidents' demographics:
| President/Chief Executive Officer | Executive Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 78.9% Female, 21.1% | Male, 74.7% Female, 25.3% |
| Race ratio | 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% | 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 Percentage | 12% | 12% |