Average President Salary

The president of an organization is the top executive responsible for strategic vision and planning. The president provides leadership, holding the organization accountable to stakeholders and its own policies, presenting the appropriate image to the public, and directing the short- and long-range goals of the company. Presidents oversee all types and sizes of organizations with different corporate structures in all industries, and, thus, the specific duties and responsibilities will vary. The president is responsible for reporting directly to the board of directors, if employed by a corporation. Presidents directly supervise the top level of management. A president is responsible for the budget, fiscal management and financial health of the organization.

Nearly all presidents have at least an undergraduate degree, and they often have a business degree or master's of business administration. Prior senior-level management experience typically is required, and several years of experience and extensive knowledge of the business area are mandatory. A president must have excellent communication skills and be able and willing to represent the company publicly. A president must have strong finance skills, acumen for developing strategies, and good interpersonal skills.

He or she will primarily work out of an office, with support staff, though travel is likely to attend conferences and meetings with clients. Presidents work typical business hours, plus additional hours as needed; frequently, long work hours are required to attend meetings or address crises in the company. The position is highly stressful, since the president holds ultimate responsibility for all aspects of the organization. (Copyright 2018 PayScale.com)

President Tasks

• Manage and oversee all operations and aspects of a business.