Executive Vice President vs. President

Attribute	Executive Vice President	President
Position in hierarchy	Second in command	Top position
Responsibilities	Oversee specific departments	Oversee entire organization
Decision-making power	Less than President	Final decision-maker
Reporting structure	Reports to President	Reports to Board of Directors

Roles and Responsibilities

Both the Executive Vice President (EVP) and President hold high-ranking positions within a company or organization. The President is typically the highest-ranking officer in the organization and is responsible for overseeing the overall operations and strategic direction of the company. They are often the public face of the organization and are responsible for making key decisions that impact the company's success. On the other hand, the EVP is usually second in command to the President and is responsible for overseeing specific departments or functions within the organization. They work closely with the President to implement the company's strategic goals and objectives.

Decision-Making Authority

One key difference between the EVP and President is their decision-making authority. The President has the ultimate authority to make key decisions that impact the company, such as setting the overall strategic direction, approving major investments, and hiring or firing top executives. The EVP, on the other hand, typically has more limited decision-making authority and is responsible for implementing the President's decisions within their specific area of responsibility. While the EVP may have input into key decisions, the final authority rests with the President.

Reporting Structure

Another key difference between the EVP and President is their reporting structure within the organization. The President typically reports directly to the company's board of directors and is accountable for the overall performance of the organization. The EVP, on the other hand, usually reports directly to the President and is accountable for the performance of their specific departments or functions. This reporting structure reflects the different levels of authority and responsibility held by the President and EVP within the organization.

Public Relations and External Communication

Both the EVP and President play important roles in public relations and external communication for the organization. The President is often the public face of the company and is responsible for representing the organization to external stakeholders, such as customers, investors, and the media. They may participate in public events, give speeches, and conduct interviews to promote the company's brand and reputation. The EVP, on the other hand, may also be involved in external communication efforts, but their focus is typically more internal, working with employees and other executives to ensure that the company's message is consistent and aligned with its strategic goals.

Salary and Compensation

One final difference between the EVP and President is their salary and compensation packages. The President typically earns a higher salary and receives more lucrative compensation packages than the EVP, reflecting their higher level of authority and responsibility within the organization. In addition to a base salary, the President may also receive bonuses, stock options, and other incentives tied to the company's performance. The EVP, on the other hand, may also receive a competitive salary and benefits package, but it is usually less than what the President receives due to their lower level of authority and responsibility.