Management

Chief Executive Salary (2026), outlook and how to become one

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.

Median pay
$213,990
Growth to 2035
+3.2%
Openings a year
19,100
Typical entry
Bachelor's

Chief Executives earn a median of $213,990 per year ($102.88/hr) (BLS OEWS, May 2025). Employment is projected to grow 3.2% through 2035, with about 19,100 openings a year (BLS EP, 2025–2035). Typical entry-level education: Bachelor's degree.

  • SOC 11-1011
  • Management
  • Last updated October 15, 2026

At a glance

Chief Executive in four numbers

Median pay
$213,990a year, or $102.88/hr
Lowest 10% $76KTop 10% $508K

US median, all jobs: $50,980

BLS OEWS, May 2025
Projected growth
+3.2%About as fast as average
This career
+3.2%
All jobs
+3.5%
Projected employment change, 2025–2035
ItemValue
This career+3.2%
All jobs+3.5%
BLS EP, 2025–2035
Openings a year
19,100291,600 jobs today
  • Jobs in 2025291.6K
  • Projected 2035300.9K
Employment, 2025–2035
ItemValue
Jobs in 2025291.6K
Projected 2035300.9K
BLS EP, 2025–2035
Typical education
Bachelor'sneeded to enter
  • High school4.5%
  • Associate's5.2%
  • Bachelor's32.3%
  • Master's45.9%
  • Post-master’s certificate3.9%
  • Doctorate4.9%
Highest education held by chief executives
SegmentValue
High school4.5%
Associate's5.2%
Bachelor's32.3%
Master's45.9%
Post-master’s certificate3.9%
Doctorate4.9%
BLS EP, 2025–2035; mix: O*NET

Also advertised as: CEO (Chief Executive Officer), Chief Diversity Officer (CDO), Chief Financial Officer (CFO), Chief Information Officer (CIO), Chief Operating Officer (COO), Chief Technical Officer (CTO).

Pay

How much do chief executives make?

Chief Executives earn a median of $213,990 a year ($102.88 an hour, or about $17,830 a month); the lowest-paid 10% earn less than $75,700 and the top 10% more than $507,730 (BLS OEWS, May 2025).

The best-paying state is Oregon, with a median of $341,630. See Chief executive salary in Oregon and every other state. By city, pay is highest around State College ($238,870 average): salary in every city.

Annual pay, lowest-paid to highest-paid

Every chief executive in the US, by percentile of annual wage

Median

$213,990

Middle half earn $129,540 to $356,200

10th
$75,700
25th
$129,540
75th
$356,200
90th
$507,730

All US occupations: $50,980

Chief Executive annual wages
PercentileValue
10th$75,700
25th$129,540
Median$213,990
75th$356,200
90th$507,730
All US occupations$50,980

Source: BLS OEWS, May 2025

Median annual wage
$213,990
Median hourly wage
$102.88/hr
Mean annual wage
$269,630
People employed
204,350

Versus all US occupations

At $213,990, Chief Executives earn 320% above the $50,980 median across all US occupations, a difference of $163,010 a year.

Versus management occupations

Inside the Management group, where the middle occupation pays $126,060, this is 70% above the group median.

Pay range

The top 10% earn $507,730 or more while the bottom 10% earn $75,700, a gap of 6.7×. That is an unusually wide spread, which usually tracks specialisation, employer type and years of experience.

Rank in the bank

This median pays more than 96% of the 1,741 occupations in the NueCareer career bank.

Cost of living

Oregon posts the highest raw median ($341,630), but once local prices are taken into account North Carolina leads at $333,196 in national-average dollars.

Pay by state

Which states pay chief executives the most?

State medians come from the same OEWS release as the national figures. The cost-of-living column divides each state median by that state's BEA Regional Price Parity, restating pay in national-average dollars so a high-cost state and a low-cost one can be compared directly.

Top 10 states by median annual wage for Chief Executives
StateMedianCOL-adjustedEmployed
1Oregon$341,630$330,521910
2Washington$339,810$317,5413,170
3Illinois$331,920$332,0594,620
4North Carolina$314,290$333,1961,930
5Virginia$310,740$307,3474,870
6New Jersey$310,440$285,3182,430
7Connecticut$295,120$284,8371,660
8Hawaii$281,640$256,150470
9South Dakota$280,900$317,093510
10New York$257,980$239,0458,430
See all 48 states, sortable, with cost-of-living adjustments

Job outlook

Is chief executive a growing career?

Projected change in jobs

Employment change over 2025–2035, against every US occupation

Chief Executives
+3.2%
All US occupations
+3.5%

About as fast as average. +3.2% projected growth vs 3.5% for all occupations.

Projected employment change, 2025–2035
ItemValue
Chief Executives+3.2%
All US occupations+3.5%

Source: BLS EP, 2025–2035

About as fast as average

BLS projects employment of Chief Executives to change 3.2% over 2025–2035, against 3.5% projected for all occupations. That is 9,300 more jobs.

Annual openings

About 19,100 openings are projected each year, 6.6% of the 291,600 jobs that existed in 2025. Most come from workers leaving the occupation, not from growth alone.

Overall employment of top executives is projected to grow 5 percent from 2025 to 2035, faster than the average for all occupations.

Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Demand for general and operations managers is projected to grow as organizations increasingly rely on these workers for help in functioning smoothly.

Chief executives will be needed in organizations to govern and make high-level decisions. For example, they will be needed in corporate settings to oversee and manage strategy, budgets, and their respective departments, such as finance or information technology (IT).

AI exposure: very high

BLS places this occupation in its very high relative AI exposure category, among the occupations most exposed to current AI.

Will AI replace chief executives? →

Getting in

How to become a chief executive

Top executives typically need at least a bachelor’s degree and considerable work experience to enter the occupation.

  1. 1

    Typical entry-level education

    Bachelor's degree

  2. 2

    Work experience in a related occupation

    5 years or more

  3. 3

    Typical on-the-job training

    None

  4. 4

    Preparation needed (O*NET job zone)

    Extensive preparation

BLS Employment Projections, 2025–2035; job zone from O*NET 31.0 Database.

What education people in the job have

O*NET incumbent survey: the highest level of education reported by people already working as chief executives.

  • Master's Degree45.9%
  • Bachelor's Degree32.3%
  • Associate's Degree or other 2-year degree5.2%
  • Doctoral Degree4.9%
  • High School Diploma or the equivalent (such as a GED)4.5%
Highest education held by chief executives
ItemValue
Master's Degree45.9%
Bachelor's Degree32.3%
Associate's Degree or other 2-year degree5.2%
Doctoral Degree4.9%
High School Diploma or the equivalent (such as a GED)4.5%

Source: O*NET 31.0 Database

Full BLS Occupational Outlook Handbook entry

The work

What does a chief executive do?

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.

Top executives plan strategies and policies to ensure that an organization meets its goals. They coordinate and direct work activities of companies and organizations.

Day-to-day tasks

  1. Analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, or policy change.
  2. Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.
  3. Interpret and explain policies, rules, regulations, or laws to organizations, government or corporate officials, or individuals.
  4. Review reports submitted by staff members to recommend approval or to suggest changes.
  5. Prepare budgets for approval, including those for funding or implementation of programs.
  6. Appoint department heads or managers and assign or delegate responsibilities to them.
  7. Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.
  8. Deliver speeches, write articles, or present information at meetings or conventions to promote services, exchange ideas, or accomplish objectives.

O*NET core tasks, ordered by reported importance.

Working conditions and hours

Most top executives work full time, and many work more than 40 hours per week, including evenings and weekends.

Where the work happens

  • Indoors, climate-controlled

    NeverEvery day

    Indoors, in a climate-controlled space, every day.

  • Outdoors in all weather

    NeverEvery day

Physical demands

  • Sitting

    NeverAlmost all the time

    Seated for more than half the working day.

  • Standing

    NeverAlmost all the time
  • Bending or twisting

    NeverAlmost all the time

Working with people

  • Contact with other people

    NoneConstant

    Constant contact with other people.

  • Face-to-face discussions

    NeverEvery day

    Face-to-face discussions every day.

  • Dealing with the public

    Not importantExtremely important

    Dealing with customers or the public is very important.

Pressure and stakes

  • Strict deadlines

    NeverEvery day

    Meeting strict deadlines at least weekly.

  • Conflict situations

    NeverEvery day

    Handling conflict situations at least monthly.

  • Cost of a mistake

    Not seriousExtremely serious

Autonomy

  • Freedom to decide

    NoneA lot

    A lot of freedom to make decisions without checking first.

Schedules: BLS Occupational Outlook Handbook, 2025–2035 edition. Conditions: O*NET Work Context survey. Each item has its own scale, so each dot is read against the two answers that end its own line.

Where chief executives work

Share of jobs by employer type

  • Self-employed workers27%
  • Professional, scientific, and technical services14%
  • Government, excluding state and local education and hospitals8%
  • Healthcare and social assistance6%
  • Management of companies and enterprises5%
Largest employers of Chief Executives
ItemValue
Self-employed workers27%
Professional, scientific, and technical services14%
Government, excluding state and local education and hospitals8%
Healthcare and social assistance6%
Management of companies and enterprises5%

Source: BLS Occupational Outlook Handbook, 2025–2035 edition

Core skills

O*NET importance, 1 to 5

  • Critical Thinking4.4
  • Speaking4.3
  • Reading Comprehension4.1
  • Writing4.1
  • Active Listening4.0
  • Monitoring4.0
  • Active Learning3.8
  • Mathematics3.3
Core skills for Chief Executives
ItemValue
Critical Thinking4.4
Speaking4.3
Reading Comprehension4.1
Writing4.1
Active Listening4.0
Monitoring4.0
Active Learning3.8
Mathematics3.3

Source: O*NET 31.0 Database

Transferable skills

O*NET importance, 1 to 5

  • Judgment and Decision Making4.8
  • Complex Problem Solving4.4
  • Coordination4.3
  • Systems Evaluation4.3
  • Management of Financial Resources4.3
  • Management of Personnel Resources4.3
  • Social Perceptiveness4.1
  • Negotiation4.1
Transferable skills for Chief Executives
ItemValue
Judgment and Decision Making4.8
Complex Problem Solving4.4
Coordination4.3
Systems Evaluation4.3
Management of Financial Resources4.3
Management of Personnel Resources4.3
Social Perceptiveness4.1
Negotiation4.1

Source: O*NET 31.0 Database

Tools and software

  • Accounting software · in demand
  • Content workflow software · in demand
  • Data base user interface and query software · in demand
  • Document management software · in demand
  • Electronic mail software · in demand
  • Enterprise application integration software · in demand
  • Enterprise resource planning ERP software · in demand
  • Office suite software · in demand
  • Presentation software · in demand
  • Project management software · in demand
  • Spreadsheet software · in demand
  • Web platform development software · in demand

“In demand” marks an O*NET Employer-Based Hot Technology, software named in real job postings for this occupation.

The workforce

Who works as a chief executive?

Women make up 33.0% of chief executives, against 47.1% of all employed people: more men than in the workforce as a whole.

39.2% are 55 or older (23.2% across all jobs), so a larger-than-usual share of the workforce reaches retirement age over the next decade. Those exits are counted in the BLS openings figure.

The median worker is 51.6 years old (all workers: 42.1).

Women
33.0%All workers 47.1% · BLS CPS, 2025
Median age
51.6All workers 42.1 · BLS CPS, 2025
Aged 55+
39.2%All workers 23.2% · BLS CPS, 2025
Employed (CPS)
1,802,000BLS CPS, 2025
Share of chief executives by sex, race, ethnicity and age, against all employed people
GroupShare of chief executivesAll employed people
Women
33.0%
47.1%
White
85.3%
75.7%
Black or African American
5.6%
12.7%
Asian
7.0%
7.5%
Hispanic or Latino (any race)
8.4%
20.0%
Aged 55 and over
39.2%
23.2%
Aged 16 to 24
0.7%
12.2%

Current Population Survey annual averages, 2025 (BLS tables 11 and 11b). Race groups can overlap with Hispanic or Latino ethnicity, so they do not sum to 100%.

Personality fit

What personality type suits a chief executive?

Interest profile

O*NET Occupational Interests (RIASEC), scored 1 to 7

Chief Executive · Realistic: 1Chief Executive · Investigative: 3Chief Executive · Artistic: 2Chief Executive · Social: 4Chief Executive · Enterprising: 7Chief Executive · Conventional: 5
Chief Executive interest profile
AxisChief Executive
Realistic1
Investigative3
Artistic2
Social4
Enterprising7
Conventional5

Source: O*NET 31.0 Database

What the work is built around

Day to day this is work built around leading, persuading, selling and making decisions, combined with organising, following procedures and working precisely with data.

  • Enterprising7.0
  • Conventional5.0
  • Social3.5
  • Investigative3.0
  • Artistic2.2
  • Realistic1.3

Closest MBTI types

NueCareer fit scores: cosine similarity between each MBTI type's interest vector and this occupation's O*NET interest profile. Not a BLS or O*NET figure; the method is documented on our methodology page.

Questions

Chief Executive: frequently asked questions

How much do chief executives make?

Chief Executives earn a median of $213,990 a year (BLS OEWS, May 2025). That is 320% above the $50,980 median for all US occupations. That works out at $102.88/hr. The middle half earn between $129,540 and $356,200. The top 10% earn $507,730 or more.

How much do chief executives make an hour?

The median hourly wage for chief executives is $102.88 (BLS OEWS, May 2025). On a full-year basis the $213,990 annual median works out to about $17,830 a month before tax.

What is the starting salary for a chief executive?

BLS does not publish a starting salary. The nearest measure is the low end of the pay range: the lowest-paid 10% of chief executives earn less than $75,700 a year and the bottom quarter less than $129,540 (BLS OEWS, May 2025). New workers often start near that end, but where a particular job starts depends on the employer, the state and the credentials you bring, so read these as the bottom of the range rather than a guaranteed entry wage.

Do chief executives make $100k?

Yes, more often than not. The median is $213,990, so more than half of chief executives earn over $100,000 a year; even the 25th percentile is $129,540 (BLS OEWS, May 2025). In 47 states the median itself is above $100,000: Oregon ($341,630), Washington ($339,810), Illinois ($331,920), North Carolina ($314,290), and 43 more.

Which states pay chief executives the most?

The highest state medians for Chief Executives are Oregon ($341,630), Washington ($339,810), Illinois ($331,920) (BLS OEWS, May 2025). Adjusted for local prices using BEA Regional Price Parities, North Carolina moves to the top at $333,196.

What kind of chief executive earns the most?

BLS does not split chief executives' pay by specialty or employer, but its range shows how far the top end runs: the highest-paid 10% earn more than $507,730, against a median of $213,990 (BLS OEWS, May 2025). Location moves pay the most in the published data: the best-paying states are Oregon ($341,630), Washington ($339,810), Illinois ($331,920). Among the specialty careers inside this occupation, industry sources put typical pay at $636,000 for private equity operating partners (Heidrick & Struggles 2024 North American Private Equity Operating Professional Compensation Survey, 2023); $516,380 for hospital ceos (Candid 2022 Nonprofit Compensation Report, as reported by Becker's Hospital Review, 2020); $336,352 for public company board directors (Spencer Stuart 2025 US Board Index, 2025). Those are not BLS figures.

Do you need a degree to become a chief executive?

Yes. BLS reports a bachelor's degree as the typical entry-level education for Chief Executives, and O*NET rates the preparation needed as extensive preparation. Employers typically expect 5 years or more of related work experience first. In O*NET's survey of people already doing the job, 45.9% hold master's degree.

How long does it take to become a chief executive?

BLS does not publish a fixed length; it depends on the route. What it does publish: the typical way in for chief executives is a bachelor's degree, plus 5 years or more of work experience in a related occupation. O*NET classes the work as needing extensive preparation.

Is chief executive a growing career?

It is stable rather than fast-growing: employment is projected to change 3.2% over 2025–2035, about the same as the 3.5% projected across all occupations (BLS EP, 2025–2035). BLS still projects about 19,100 openings a year, mostly from workers retiring or moving to other work.

What does a chief executive do?

Top executives plan strategies and policies to ensure that an organization meets its goals. A core O*NET task: analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, or policy change. Employers most often ask for Accounting software, Content workflow software, Data base user interface and query software.

Do chief executives work 40 hours a week?

Most work more than 40. In O*NET's survey of people in the job, 86% of chief executives usually work more than 40 hours a week, 14% work exactly 40 and 0% work fewer. 92% say their schedule is regular and 8% irregular. Source: O*NET 31.0 Database, Work Context.

What personality type suits a chief executive?

O*NET scores Chief Executives highest on the Enterprising, Conventional and Social interest areas, so the work mixes leading, persuading, selling and making decisions with organising, following procedures and working precisely with data. On NueCareer's MBTI-to-interest mapping the closest types are ESTJ, ESFJ, ENTJ. Personality is a fit signal, not a gate. The free NueCareer quiz scores your own profile against all 1,731 careers in the bank.

What percentage of chief executives are women?

Women make up 33.0% of chief executives, against 47.1% of all employed people: more men than in the workforce as a whole. 39.2% are 55 or older (23.2% across all jobs), so a larger-than-usual share of the workforce reaches retirement age over the next decade. Those exits are counted in the BLS openings figure. The median worker is 51.6 years old (all workers: 42.1). Source: BLS Current Population Survey, 2025 annual averages.