Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior vice presidents and president/chief executive officers 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 a president/chief executive officer. Additionally, a president/chief executive officer has an average salary of $240,732, 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 a president/chief executive officer are financial management, revenue growth, and R.
| Senior Vice President | President/Chief Executive Officer | |
| Yearly salary | $194,770 | $240,732 |
| Hourly rate | $93.64 | $115.74 |
| Growth rate | 6% | 6% |
| Number of jobs | 61,380 | 163,378 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Average age | 52 | 52 |
| Years of experience | - | - |
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.
Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.
Senior vice presidents and president/chief executive officers have different pay scales, as shown below.
| Senior Vice President | President/Chief Executive Officer | |
| Average salary | $194,770 | $240,732 |
| Salary range | Between $125,000 And $302,000 | Between $134,000 And $429,000 |
| Highest paying City | Seattle, WA | Washington, DC |
| Highest paying state | Washington | New Jersey |
| Best paying company | Brookfield Properties | Better Homes and Gardens Real Estate |
| Best paying industry | Media | Finance |
There are a few differences between a senior vice president and a president/chief executive officer in terms of educational background:
| Senior Vice President | President/Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between senior vice presidents' and president/chief executive officers' demographics:
| Senior Vice President | President/Chief Executive Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 74.9% Female, 25.1% | Male, 78.9% Female, 21.1% |
| Race ratio | Black 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 Percentage | 12% | 12% |