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President & chief operating officer vs managing director

The differences between president & chief operating officers and managing directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a president & chief operating officer, becoming a managing director takes usually requires 4-6 years. Additionally, a president & chief operating officer has an average salary of $211,982, which is higher than the $129,690 average annual salary of a managing director.

The top three skills for a president & chief operating officer include financial performance, revenue growth and product development. The most important skills for a managing director are healthcare, portfolio, and business development.

President & chief operating officer vs managing director overview

President & Chief Operating OfficerManaging Director
Yearly salary$211,982$129,690
Hourly rate$101.91$62.35
Growth rate6%6%
Number of jobs130,34981,022
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 68%
Average age5244
Years of experience-6

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 a managing director do?

A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.

President & chief operating officer vs managing director salary

President & chief operating officers and managing directors have different pay scales, as shown below.

President & Chief Operating OfficerManaging Director
Average salary$211,982$129,690
Salary rangeBetween $114,000 And $391,000Between $72,000 And $233,000
Highest paying CityLas Vegas, NVNew York, NY
Highest paying stateNevadaNew York
Best paying companyGlobal Atlantic Financial Group LimitedPaul, Weiss, Rifkind, Wharton & Garrison
Best paying industryConstructionFinance

Differences between president & chief operating officer and managing director education

There are a few differences between a president & chief operating officer and a managing director in terms of educational background:

President & Chief Operating OfficerManaging Director
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President & chief operating officer vs managing director demographics

Here are the differences between president & chief operating officers' and managing directors' demographics:

President & Chief Operating OfficerManaging Director
Average age5244
Gender ratioMale, 86.1% Female, 13.9%Male, 73.5% Female, 26.5%
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, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%
LGBT Percentage12%10%

Differences between president & chief operating officer and managing director 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

Managing director example responsibilities.

  • Create and manage the social media presence via a festival page on Facebook.
  • Manage all consulting resources and have overall P/L responsibilities for the Atlanta office.
  • Manage the lessee and lessor relationships regarding exchange seat leases with major markets, such as NYSE, AMEX, CBOE.
  • Manage denials and expedite managed care appeals (reimbursement reconsideration).
  • Manage payroll processing for thousands of industrial temporary workers and bill respective clients.
  • Manage the Ketera SaaS relationship for IBM with engagement development and profitability responsibilities.
  • Show more

President & chief operating officer vs managing director 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 managing director skills
  • Healthcare, 7%
  • Portfolio, 7%
  • Business Development, 6%
  • Oversight, 6%
  • Project Management, 5%
  • Customer Service, 5%

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