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The differences between president & chief operating officers and corporate 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 operating officer and a corporate vice president. Additionally, a president & chief operating officer has an average salary of $211,982, which is higher than the $165,788 average annual salary of a corporate vice president.
The top three skills for a president & chief operating officer include financial performance, revenue growth and product development. The most important skills for a corporate vice president are risk management, portfolio, and oversight.
| President & Chief Operating Officer | Corporate Vice President | |
| Yearly salary | $211,982 | $165,788 |
| Hourly rate | $101.91 | $79.71 |
| Growth rate | 6% | 6% |
| Number of jobs | 130,349 | 69,051 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 72% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A president/chief operating officer is responsible for monitoring the overall daily business operations and implementing corporate decisions for the company and its people's best interests. Presidents/chief operating officers regularly meet with the key executives and business partners to share corporate updates and strategize techniques to improve functions and increase the brand's image in the market. They review financial performance and reports, conduct data and statistical analysis, and lead initiatives that would increase the company's productivity and efficiency.
A corporate vice president is an executive professional who is vital in managing staff and supervising departmental operations of a corporation. Corporate vice presidents must assist the president and the board of directors in designing the overall mission, values, and strategic goals of the corporation. As determined by the business's strategic goals, vice presidents must contribute to sales innovations, strategic business development, and the profitability of the corporation. Corporate vice presidents must also attend meetings with the board of directors to share information about competitors and expansion opportunities.
President & chief operating officers and corporate vice presidents have different pay scales, as shown below.
| President & Chief Operating Officer | Corporate Vice President | |
| Average salary | $211,982 | $165,788 |
| Salary range | Between $114,000 And $391,000 | Between $113,000 And $242,000 |
| Highest paying City | Las Vegas, NV | Washington, DC |
| Highest paying state | Nevada | Nevada |
| Best paying company | Global Atlantic Financial Group Limited | Brookfield Properties |
| Best paying industry | Construction | Hospitality |
There are a few differences between a president & chief operating officer and a corporate vice president in terms of educational background:
| President & Chief Operating Officer | Corporate Vice President | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between president & chief operating officers' and corporate vice presidents' demographics:
| President & Chief Operating Officer | Corporate Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 86.1% Female, 13.9% | Male, 73.8% Female, 26.2% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |