Post job

Senior vice president vs executive vice president

The differences between senior vice presidents 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 senior vice president and an executive vice president. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $194,770 average annual salary of a senior vice president.

The top three skills for a senior vice president include financial services, SVP and oversight. The most important skills for an executive vice president are financial statements, oversight, and business development.

Senior vice president vs executive vice president overview

Senior Vice PresidentExecutive Vice President
Yearly salary$194,770$216,285
Hourly rate$93.64$103.98
Growth rate6%6%
Number of jobs61,380123,982
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 71%
Average age5252
Years of experience--

What does a senior vice president do?

A Senior Vice President's responsibilities vary according to the company or organization. Still, it mostly revolves around overseeing and leading a particular department's activities and operations, reporting to the president and the board, evaluating the progress and performances of teams and employees, and maintaining constant communication with staff and management. Furthermore, A Senior Vice President is also involved in forming strategies that would benefit the sales of the company, seek innovative options, review documents, and ensure that the operations are up to the standards of the company's policies and regulations.

What does an executive vice president do?

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.

Senior vice president vs executive vice president salary

Senior vice presidents and executive vice presidents have different pay scales, as shown below.

Senior Vice PresidentExecutive Vice President
Average salary$194,770$216,285
Salary rangeBetween $125,000 And $302,000Between $118,000 And $394,000
Highest paying CitySeattle, WAWashington, DC
Highest paying stateWashingtonWashington
Best paying companyBrookfield PropertiesGartner
Best paying industryMediaTelecommunication

Differences between senior vice president and executive vice president education

There are a few differences between a senior vice president and an executive vice president in terms of educational background:

Senior Vice PresidentExecutive Vice President
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior vice president vs executive vice president demographics

Here are the differences between senior vice presidents' and executive vice presidents' demographics:

Senior Vice PresidentExecutive Vice President
Average age5252
Gender ratioMale, 74.9% Female, 25.1%Male, 74.7% Female, 25.3%
Race ratioBlack or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.4% 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 Percentage12%12%

Differences between senior vice president and executive vice president duties and responsibilities

Senior vice president example responsibilities.

  • Manage relationships with hedge funds, administrators and investors regarding trade requests, derivative restructuring and compliance issues.
  • Manage legal proceedings and investigations with state, federal, and self-regulatory organization securities and insurance regulatory agencies.
  • Manage the successful transition of a large-cap telecommunications company from NYSE to NASDAQ including all relate communications and events.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Develop institutional procedures for managing project logistics, vendor relations, supply chain, engineering functions, and document storage/sharing.
  • Lead asset management function including budget development and analysis of and strategic planning for economic performance of real estate asset portfolio.
  • Show more

Executive vice president example responsibilities.

  • Used data and KPI's to achieve consistent sales growth and below industry average turnover.
  • Manage logistics department, negotiate rates with suppliers, oversee incoming and outgoing inventory.
  • Lead the implementation of a new third-party ERP system, introducing sophisticate enterprise management system where none exist previously.
  • Manage operations and logistics, staff planning and supervision for all administrative, personnel, training and logistical requirements.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Provide oversight over subordinate supervisors and complete twice-monthly payroll activities, ensuring employees are paid as expected and on time.
  • Show more

Senior vice president vs executive vice president skills

Common senior vice president skills
  • Financial Services, 8%
  • SVP, 7%
  • Oversight, 6%
  • Healthcare, 6%
  • Risk Management, 5%
  • Project Management, 4%
Common executive vice president skills
  • Financial Statements, 9%
  • Oversight, 6%
  • Business Development, 6%
  • Healthcare, 6%
  • Revenue Growth, 6%
  • Strategic Partnerships, 4%

Browse executive management jobs