Q: What level is a senior vice president?

A senior vice president is an executive-level employee. While they may have directors, managers, and other mid-tier or high-tier professionals under them, they must still report to executive vice presidents, the company president, or the company CEO. Executive positions tend to have a long lifespan and range from a few years to a full career into retirement.

Q: Who is more senior, VP or CEO?

A CEO is more senior than a VP in the executive hierarchy. These individuals ensure that company workflow and goals are both met and aligned to ensure proper company growth and overall health. Senior VPs tend to report to CEOs or other senior members of the executive branch, while CEOs usually report to stakeholders.

Question 1

How long does it take to become a Senior Vice President?

Accepted Answer

It takes 13 years of professional experience to become a senior vice president. That is the time it takes to learn specific senior vice president skills, but does not account for time spent in formal education. If you include the normal education requirements to complete a college degree, then it takes 16 to 18 years years to become a senior vice president.

Question 2

How do you become vice president of a company?

Accepted Answer

To become a vice president of a company, you need to gain the necessary education, experience, and leadership skills. This is a senior-level position and typically takes significant work experience and knowledge to achieve.

Question 3

Is EVP or SVP more senior?

Accepted Answer

An EVP, or "Executive Vice President," is typically a higher and more senior position than an SVP, or "Senior Vice President." EVPs are typically responsible for managing other vice presidents under them and in the same department. For example, an EVP of technology may handle the product vice president, IT vice president, and support vice presidents.

Question 4

What is a senior vice president of sales?

Accepted Answer

A senior vice president of sales is the person who manages the sales strategies and keeps them in line with the company's goals. Senior vice presidents of sales are also responsible for managing churn rates or client turnover. They analyze reports often delivered by inside and outside sales directors and make strategic decisions based on those reports.

Question 5

What level is a senior vice president?

Accepted Answer

A senior vice president is an executive-level employee. While they may have directors, managers, and other mid-tier or high-tier professionals under them, they must still report to executive vice presidents, the company president, or the company CEO. Executive positions tend to have a long lifespan and range from a few years to a full career into retirement.

Question 6

Who is more senior, VP or CEO?

Accepted Answer

A CEO is more senior than a VP in the executive hierarchy. These individuals ensure that company workflow and goals are both met and aligned to ensure proper company growth and overall health. Senior VPs tend to report to CEOs or other senior members of the executive branch, while CEOs usually report to stakeholders.

Question 7

What is a good starting salary for a Senior Vice President?

Accepted Answer

A good starting salary for a senior vice president is $137,000 in the United States. That puts you in the 10th percentile of annual income for a senior vice president in the U.S., which is about what you would expect if you were new to the field. The average salary for senior vice presidents is $216,344, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for a senior vice president can vary by state.

Question 8

What does a senior vice president at a bank make?

Accepted Answer

A senior vice president at a bank makes anywhere between $157,000 to $252,000, with most averaging around $210,000 per year. Depending on the company and its clientele, a bank vice president may find themselves making around $300,000. A bank vice president's salary also varies based on location and job responsibilities.

Question 9

Can a senior vice president make 100k?

Accepted Answer

Yes, you can make $100,000 per year as a senior vice president. The chances of earning over $100k for a senior vice president are actually pretty good because the highest-paid senior vice president positions typically pay at least $341,000 per year. The average annual salary is $216,344 for senior vice president jobs. For example, senior vice presidents in Washington whose salaries are in the 90th percentile earn an average salary of $291,000.

Question 10

How much money does a senior VP make?

Accepted Answer

A senior VP makes approximately $156,400 to $220,000 per year, on average. Senior VPs are also privy to items such as profit sharing, accounting for an extra $40,000 a year, on average. VPs may also be given more incentives based on their department, the company, and the basic cost of living within the region.

Question 11

What percentage of Senior Vice Presidents are female?

Accepted Answer

25.5% of senior vice presidents are female in the United States. This is 2.3 percentage points higher than last year. Additionally, the percentage of female senior vice presidents has increased by 5.3 percentage points since 2010. That means there are a total of 16,843 female senior vice presidents in the U.S. and 49,210 male senior vice presidents in the United States. Note that Zippia's estimate accounts only for the 66,053 people with the specific job title of senior vice president and doesn't include grouping similar job titles, or people with potentially similar credentialing.

Frequently asked questions about senior vice presidents

Questions about becoming a senior vice president