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Senior vice president vs president & chief operating officer

The differences between senior vice presidents and president & chief operating 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 operating officer. Additionally, a president & chief operating officer has an average salary of $211,982, 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 operating officer are financial performance, revenue growth, and product development.

Senior vice president vs president & chief operating officer overview

Senior Vice PresidentPresident & Chief Operating Officer
Yearly salary$194,770$211,982
Hourly rate$93.64$101.91
Growth rate6%6%
Number of jobs61,380130,349
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
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 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.

Senior vice president vs president & chief operating officer salary

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

Senior Vice PresidentPresident & Chief Operating Officer
Average salary$194,770$211,982
Salary rangeBetween $125,000 And $302,000Between $114,000 And $391,000
Highest paying CitySeattle, WALas Vegas, NV
Highest paying stateWashingtonNevada
Best paying companyBrookfield PropertiesGlobal Atlantic Financial Group Limited
Best paying industryMediaConstruction

Differences between senior vice president and president & chief operating officer education

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

Senior Vice PresidentPresident & Chief Operating Officer
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior vice president vs president & chief operating officer demographics

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

Senior Vice PresidentPresident & Chief Operating Officer
Average age5252
Gender ratioMale, 74.9% Female, 25.1%Male, 86.1% Female, 13.9%
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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between senior vice president and president & chief operating officer 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

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.
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Senior vice president vs president & chief operating officer skills

Common senior vice president skills
  • Financial Services, 8%
  • SVP, 7%
  • Oversight, 6%
  • Healthcare, 6%
  • Risk Management, 5%
  • Project Management, 4%
Common president & chief operating officer skills
  • Financial Performance, 11%
  • Revenue Growth, 7%
  • Product Development, 7%
  • R, 7%
  • Strategic Partnerships, 5%
  • Strategic Plan, 4%

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