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Vice president of research and development vs executive vice president

The differences between vice presidents of research and development 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 vice president of research and development and an executive vice president. Additionally, an executive vice president has an average salary of $216,285, which is higher than the $170,226 average annual salary of a vice president of research and development.

The top three skills for a vice president of research and development include R, product development and project management. The most important skills for an executive vice president are financial statements, oversight, and business development.

Vice president of research and development vs executive vice president overview

Vice President Of Research And DevelopmentExecutive Vice President
Yearly salary$170,226$216,285
Hourly rate$81.84$103.98
Growth rate2%6%
Number of jobs120,333123,982
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 71%
Average age4852
Years of experience--

What does a vice president of research and development do?

A vice president of research and development will lead a team of engineers in developing innovative products on time and on budget. This role will require you to perform a variety of tasks that include executing the company's overall technology vision, managing the appropriate development methodologies, and creating an organizational structure that will drive a high performing development team to deliver high-quality solutions to the market. In addition, you will be responsible for attracting, developing, and retaining top talent for the research and development function.

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.

Vice president of research and development vs executive vice president salary

Vice presidents of research and development and executive vice presidents have different pay scales, as shown below.

Vice President Of Research And DevelopmentExecutive Vice President
Average salary$170,226$216,285
Salary rangeBetween $114,000 And $253,000Between $118,000 And $394,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateWashingtonWashington
Best paying companyOrganonGartner
Best paying industryFinanceTelecommunication

Differences between vice president of research and development and executive vice president education

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

Vice President Of Research And DevelopmentExecutive Vice President
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 71%
Most common majorElectrical EngineeringBusiness
Most common collegeUniversity of Michigan - Ann ArborUniversity of Pennsylvania

Vice president of research and development vs executive vice president demographics

Here are the differences between vice presidents of research and development' and executive vice presidents' demographics:

Vice President Of Research And DevelopmentExecutive Vice President
Average age4852
Gender ratioMale, 85.0% Female, 15.0%Male, 74.7% Female, 25.3%
Race ratioBlack or African American, 3.1% Unknown, 4.6% Hispanic or Latino, 8.7% Asian, 14.2% White, 69.2% American Indian and Alaska Native, 0.2%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 Percentage9%12%

Differences between vice president of research and development and executive vice president duties and responsibilities

Vice president of research and development example responsibilities.

  • Manage initial implementation of GMP procedures.
  • Manage and direct OEM manufacturing partner.
  • Manage software application implementation for time reporting/project-costing system to aid in understanding project spending and improve portfolio prioritization and execution.
  • Isolate malignant free cells using GMP methodology suitable for regulatory approval and clinical use in cancer patients.
  • Assist in the development of the quality and design control system in compliance with FDA device development regulation.
  • Provide clinical data for FDA submissions on instrumentation and clinical utility claims.
  • 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

Vice president of research and development vs executive vice president skills

Common vice president of research and development skills
  • R, 34%
  • Product Development, 10%
  • Project Management, 4%
  • Strategic Plan, 3%
  • Intellectual Property, 3%
  • Regulatory Affairs, 3%
Common executive vice president skills
  • Financial Statements, 9%
  • Oversight, 6%
  • Business Development, 6%
  • Healthcare, 6%
  • Revenue Growth, 6%
  • Strategic Partnerships, 4%

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