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President & chief operating officer vs vice president

The differences between president & chief operating officers and 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 vice president. Additionally, a president & chief operating officer has an average salary of $211,982, which is higher than the $158,637 average annual salary of a 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 vice president are healthcare, oversight, and project management.

President & chief operating officer vs vice president overview

President & Chief Operating OfficerVice President
Yearly salary$211,982$158,637
Hourly rate$101.91$76.27
Growth rate6%6%
Number of jobs130,349119,530
Job satisfaction-4
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 72%
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 a vice president do?

Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.

President & chief operating officer vs vice president salary

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

President & Chief Operating OfficerVice President
Average salary$211,982$158,637
Salary rangeBetween $114,000 And $391,000Between $107,000 And $235,000
Highest paying CityLas Vegas, NVSan Francisco, CA
Highest paying stateNevadaNew York
Best paying companyGlobal Atlantic Financial Group LimitedBrookfield Properties
Best paying industryConstructionManufacturing

Differences between president & chief operating officer and vice president education

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

President & Chief Operating OfficerVice President
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

President & chief operating officer vs vice president demographics

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

President & Chief Operating OfficerVice President
Average age5252
Gender ratioMale, 86.1% Female, 13.9%Male, 65.8% Female, 34.2%
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, 7.6% Asian, 7.5% White, 76.7% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between president & chief operating officer and 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

Vice president example responsibilities.

  • Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
  • Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
  • Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
  • Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
  • Manage FDA regulate manufacturing division.
  • Manage QuickBooks; implement budget/variance tracking and reporting.
  • Show more

President & chief operating officer vs 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 vice president skills
  • Healthcare, 10%
  • Oversight, 7%
  • Project Management, 6%
  • Customer Service, 6%
  • Risk Management, 6%
  • Business Development, 5%

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