Chief Executives

General Information

Description

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

Workplace at a Glance

What you can expect to experience while on the job

  • Responsibility
  • Exposure to job hazards
  • Physical activity
  • Decision making
  • Repetitiveness
  • Level of competition
  • Time pressure

Job Outlook

Overall employment of top executives is projected to grow 4 percent from 2019 to 2029, about as fast as the average for all occupations. Projected employment growth varies by occupation. Employment of general and operations managers is projected to grow 6 percent from 2019 to 2029, faster than the average for all occupations. Organizations will continue to rely on these workers to help them operate successfully. Employment of chief executives is projected to decline 10 percent from 2019 to 2029. Improving office technology and changing organizational structures have increased these workers’ ability to perform tasks previously done by multiple chief executives. In addition, economic activity and employment has become increasingly concentrated in large, established companies, which may lead to fewer new jobs for these workers.

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Salary

Average Salary

Salary

$184,460

State-by-state Salary

Gray states indicate no data available

$208,000+
$96,200
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Education

Most Common Education Levels

People in this career achieve this level of education.

  • Master's degree 25%
  • Bachelor's degree 21%
  • Post-master's certificate 19%
  • Post baccalaureate 13%
  • Doctoral degree 9%
  • Some college 6%
  • Associate's degree 4%
  • High school 0%
  • Less than high school 0%
  • Post-doctoral training 0%
  • First professional degree 0%
  • Post-secondary certificate 0%

Knowledge

  • Administration and Management
  • Customer and Personal Service
  • Personnel and Human Resources
  • English Language
  • Education and Training

Skills at a Glance

Skills helpful in this career

  • Verbal skills
  • Critical thinking & problem solving
  • Equipment operation & maintenance
  • Math & science skills
  • Technology design & control
  • Leadership
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