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President & chief operating officer vs executive vice president

The differences between president & chief operating 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 operating officer and an executive vice president. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $211,982 average annual salary of a president & chief operating officer.

The top three skills for a president & chief operating officer include financial performance, revenue growth and product development. The most important skills for an executive vice president are financial statements, oversight, and business development.

President & chief operating officer vs executive vice president overview

President & Chief Operating OfficerExecutive Vice President
Yearly salary$211,982$216,285
Hourly rate$101.91$103.98
Growth rate6%6%
Number of jobs130,349123,982
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Average age5252
Years of experience--

What does a president & chief operating officer do?

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.

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 operating officer vs executive vice president salary

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

President & Chief Operating OfficerExecutive Vice President
Average salary$211,982$216,285
Salary rangeBetween $114,000 And $391,000Between $118,000 And $394,000
Highest paying CityLas Vegas, NVWashington, DC
Highest paying stateNevadaWashington
Best paying companyGlobal Atlantic Financial Group LimitedGartner
Best paying industryConstructionTelecommunication

Differences between president & chief operating officer and executive vice president education

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

President & Chief Operating OfficerExecutive Vice President
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President & chief operating officer vs executive vice president demographics

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

President & Chief Operating OfficerExecutive Vice President
Average age5252
Gender ratioMale, 86.1% Female, 13.9%Male, 74.7% Female, 25.3%
Race ratioBlack 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, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between president & chief operating officer and executive vice president duties and responsibilities

President & chief operating officer example responsibilities.

  • Establish, manage and coordinate activities of this start-up management company specializing in turning around trouble health insurance plans.
  • Institute financial and operational audits as part of normal ISO audit program to monitor branch operations.
  • Change this mid-size flexible packaging company from annual EBITDA losses of $-900K to a 3 year EBITDA avg.
  • Establish new partnerships in Asia for sourcing, manufacturing, leading engine technology, ISO certification for parent company.
  • Provide backup support to clinical veterinary staff for general and surgical events and attending veterinarian for regulatory oversight.
  • Provide system oversight for quality assurance tools utilize to measure and report best practices, compliance and economic opportunities.
  • Show more

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.
  • Show more

President & chief operating officer vs executive vice president skills

Common president & chief operating officer skills
  • Financial Performance, 11%
  • Revenue Growth, 7%
  • Product Development, 7%
  • R, 7%
  • Strategic Partnerships, 5%
  • Strategic Plan, 4%
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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