Research

How to Become a Chief Executive: A Career Guide
Chris Karalis Chris Karalis

How to Become a Chief Executive: A Career Guide

Chief Executives, commonly known as CEOs, Presidents, or Executive Directors, are the highest-ranking leaders in an organization. They are responsible for setting strategic goals, driving company growth, and making critical business decisions that impact both internal operations and external stakeholders.

In 2023, there were 211,230 Chief Executive positions in the United States, representing a 6% increase from 2022. The median annual salary reached $206,680, marking a 9.1% rise from the previous year and a 15.1% increase from 2021.

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Chief Executives Employment and Wages in 2022
Chris Karalis Chris Karalis

Chief Executives Employment and Wages in 2022

In 2022, the Chief Executives occupation accounted for over 199 thousand jobs in the United States, reflecting a decrease of 0.6% from 2021. The annual mean wage in 2022 was $246,440, and the median wage was $189,520. Compared to the national average for all occupations, the wages for this occupation were higher by 298.1%.

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