Vice president vs chief operating officer

The differences between vice presidents and 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 vice president and a chief operating officer. Additionally, a vice president has an average salary of $158,637, which is higher than the $136,604 average annual salary of a chief operating officer.

The top three skills for a vice president include healthcare, oversight and project management. The most important skills for a chief operating officer are healthcare, customer service, and oversight.

Vice president vs chief operating officer overview

	Vice President	Chief Operating Officer
Yearly salary	$158,637	$136,604
Hourly rate	$76.27	$65.67
Growth rate	6%	6%
Number of jobs	119,530	128,993
Job satisfaction	4	-
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 65%
Average age	52	52
Years of experience	-	-

What does a vice president do?

Vice presidents are usually considered the second-in-command in the organization, depending on the organization structure. They take over when the president is unavailable to fulfill duties. They may also represent the organization in external events and other official functions. They are important members of the boardroom, and their opinions are usually sought after as well. Vice presidents are usually poised to follow the president's footsteps in the organization, especially if the president is nearing retirement. They also make urgent and crucial decisions when the president is not available to do so. Vice presidents must have strong business acumen, decision-making skills, and professionalism.

What does a chief operating officer do?

A chief operating officer, also known as a COO, is a high-ranking official who oversees a company or organization's daily administrative and overall operations. They are typically the second in the chain of command, reporting directly to the company's chief executive officer, also known as a CEO. Among their duties include developing strategies and guidelines, reviewing reports, performing assessments, and implementing the company's policies, standards, and regulations. Additionally, they lead and empower staff to reach goals, helping solve issues and concerns when any arise.

Vice president vs chief operating officer salary

Vice presidents and chief operating officers have different pay scales, as shown below.

	Vice President	Chief Operating Officer
Average salary	$158,637	$136,604
Salary range	Between $107,000 And $235,000	Between $81,000 And $229,000
Highest paying City	San Francisco, CA	Jersey City, NJ
Highest paying state	New York	New Jersey
Best paying company	Brookfield Properties	Baker McKenzie
Best paying industry	Manufacturing	Manufacturing

Differences between vice president and chief operating officer education

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

	Vice President	Chief Operating Officer
Most common degree	Bachelor's Degree, 72%	Bachelor's Degree, 65%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Vice president vs chief operating officer demographics

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

	Vice President	Chief Operating Officer
Average age	52	52
Gender ratio	Male, 65.8% Female, 34.2%	Male, 76.6% Female, 23.4%
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, 7.5% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6%
LGBT Percentage	12%	12%

Differences between vice president and chief operating officer duties and responsibilities

Vice president example responsibilities.

Develop and implement global SOX methodology, manage risk assessment and testing, evaluate deficiencies and lead remediation efforts.
Manage $54MM loan portfolio of problem assets with the goal to implement strategies of rehabilitation, exit and/or liquidation.
Manage day-to-day operations, marketing, record keeping, insurance billing, human resources, budgeting, and HIPAA compliance.
Manage the web design, PPC, social media marketing, SEO, traditional and digital marketing, and customer experience.
Manage FDA regulate manufacturing division.
Manage QuickBooks; implement budget/variance tracking and reporting.

Chief operating officer example responsibilities.

Manage the RFP process and present investment packages to local and regional lenders to procure acquisition and long term debt financing.
Develop and integrate care services, achieve and maintain JCAHO accreditation.
Attain ISO registration, resulting in excellent documentation and adherence to operational and administrative process controls.
Manage the implementation of a new supply base global ERP system that reduce inventory and enable just-in-time delivery.
Establish, manage and coordinate activities of this start-up management company specializing in turning around trouble health insurance plans.
Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.

Vice president vs chief operating officer skills

Common vice president skills

Healthcare, 10%
Oversight, 7%
Project Management, 6%
Customer Service, 6%
Risk Management, 6%
Business Development, 5%

Common chief operating officer skills

Healthcare, 11%
Customer Service, 8%
Oversight, 7%
Financial Management, 7%
Business Strategies, 6%
Human Resources, 6%

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Vice President vs Chief Operating Officer

Updated January 8, 2025

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