Private sector executive vs board member

The differences between private sector executives and board members 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 private sector executive and a board member. Additionally, a private sector executive has an average salary of $101,637, which is higher than the $70,751 average annual salary of a board member.

The top three skills for a private sector executive include financial statements, business plan and private sector development. The most important skills for a board member are non-profit organization, financial statements, and community outreach.

Private sector executive vs board member overview

	Private Sector Executive	Board Member
Yearly salary	$101,637	$70,751
Hourly rate	$48.86	$34.01
Growth rate	6%	6%
Number of jobs	68,658	7,581
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 67%
Average age	52	52
Years of experience	-	-

Private sector executive vs board member salary

Private sector executives and board members have different pay scales, as shown below.

	Private Sector Executive	Board Member
Average salary	$101,637	$70,751
Salary range	Between $50,000 And $204,000	Between $25,000 And $199,000
Highest paying City	New York, NY	-
Highest paying state	New York	-
Best paying company	Watson Laboratories	-
Best paying industry	-	-

Differences between private sector executive and board member education

There are a few differences between a private sector executive and a board member in terms of educational background:

	Private Sector Executive	Board Member
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Private sector executive vs board member demographics

Here are the differences between private sector executives' and board members' demographics:

	Private Sector Executive	Board Member
Average age	52	52
Gender ratio	Male, 62.8% Female, 37.2%	Male, 46.3% Female, 53.7%
Race ratio	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%	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%

Differences between private sector executive and board member duties and responsibilities

Private sector executive example responsibilities.

Lead international donor efforts to promote investment and reform the regulatory environment for business registration, taxation, permitting and inspection.
Perform market research analysis/comparison/trends/consultation for current and prospective clients /weekly PowerPoint presentations Accomplishments/Rewards.
Act as a liaison between FEMA departments, delivering important information to ensure a common operating picture.
Spearhead company's rebranding initiative - as part of UK governmental utility privatization program.

Board member example responsibilities.

Work with a team of 13 other members to manage, fill, and distribute THON merchandise orders.
Assist in selection of scholarship recipients through thoroughly reviewing candidates.
Organize events for community members to attend; operate community Facebook page.
Identify need of international scholarship for students requiring financial assistance for exchange experiences.
Encourage scholars and alumni to participate in hometown mentoring, volunteering, and community support.
Coordinate ambassador fellowship undergraduate and graduate students posting on Facebook and tweeting during the annual conference.

Private sector executive vs board member skills

Common private sector executive skills

Financial Statements, 41%
Business Plan, 26%
Private Sector Development, 22%
Business Development, 5%
Public Sector, 5%

Common board member skills

Non-Profit Organization, 18%
Financial Statements, 17%
Community Outreach, 10%
Governance, 8%
Alumni, 5%
Plan Events, 4%

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Private Sector Executive vs Board Member

Updated January 8, 2025

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