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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 | Executive Vice President | |
| Yearly salary | $211,982 | $216,285 |
| Hourly rate | $101.91 | $103.98 |
| Growth rate | 6% | 6% |
| Number of jobs | 130,349 | 123,982 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| 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.
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 officers and executive vice presidents have different pay scales, as shown below.
| President & Chief Operating Officer | Executive Vice President | |
| Average salary | $211,982 | $216,285 |
| Salary range | Between $114,000 And $391,000 | Between $118,000 And $394,000 |
| Highest paying City | Las Vegas, NV | Washington, DC |
| Highest paying state | Nevada | Washington |
| Best paying company | Global Atlantic Financial Group Limited | Gartner |
| Best paying industry | Construction | Telecommunication |
There are a few differences between a president & chief operating officer and an executive vice president in terms of educational background:
| President & Chief Operating Officer | Executive Vice President | |
| Most common degree | Bachelor's Degree, 69% | 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 operating officers' and executive vice presidents' demographics:
| President & Chief Operating Officer | Executive Vice President | |
| Average age | 52 | 52 |
| Gender ratio | Male, 86.1% Female, 13.9% | Male, 74.7% Female, 25.3% |
| 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, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |