Salary of vp: Salaries of the President, Vice President, and Other U.S. Officials

In April 2017, White House Press Secretary Sean Spicer took the podium in the White House Briefing Room to announce that the US President is donating his first quarter salary to the National Park Service. With a serious expression on his face, Spicer pulled out a huge check with a flourishing signature. It was the first of a list of checks that Donald Trump signed during his term in office, giving away his $400,000 salary in exchange for a good media image.

Finished reading here
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Trump’s real money came not from a government salary, but from a business he didn’t want to part with. An analysis of the documents, some of which only became public in recent weeks, shows exactly how much Trump’s business has brought him during his time in Washington. A good look at real estate, financial and debt documents reveals that Trump made $2.4 billion between January 2017 and December 2020.

If not for the pandemic, this amount would have been even higher. In the first three years of his presidency, Trump’s empire brought him an estimated $650 million annually. But in 2020, revenue dropped to about $450 million as the business was crippled by COVID-19. “The virus is hurting me, it’s hurting Hilton, it’s hurting every major hotel chain around the world,” Trump lamented at a press conference at the White House in March 2020. He harms everyone. Right now, few people are doing well.”

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Trump received the lion’s share of his income from his golf clubs, which brought him about $940 million over four years. Of this amount, $270 million came from the Trump National Doral golf resort in Miami. Mar-a-Lago, Trump’s private club in Palm Beach, provided another $90 million, and the golf club in New Jersey, where the former president is vacationing this summer, raised approximately $60 million.

all this money ended up in Trump’s pocket. It is very expensive to keep golf clubs and resorts: in good times, business profitability reaches 20%. Trump’s traditional businesses haven’t been hit too hard during the pandemic, but golf resorts have had to deal with long periods of lockdowns. This resulted in a 27% drop in total golf club revenue to an estimated $19 in 2020.0 million

Donald Trump owns a 30% stake in an office building at 555 California Street in San Francisco Photo by Justin Sullivan Getty Images

Luckily for Trump, he also had high-margin commercial real estate assets that helped keep him out of the red . This became especially important in 2020, when tenants, many of whom had long-term leases, continued to pay rent regularly. In the San Francisco office building at 555 California Street, where Trump owns 30% of the assets, rents rose from $42 million to $43 million last year, according to released documents. The same thing happened in the New York house at 1290 Avenue of the Americas, where Trump’s earnings increased from $55 million to $58 million. smooth. Revenue from 2017 to 2019 remained above $100 million, but in 2020 fell closer to $50 million. Given the debt load on the former president’s assets in the hotel industry, this was the most unprepared for the impact of the pandemic line of his business. At his hotel in Washington, revenue from 2017 to 2019the year was about $52 million. Even before the pandemic and without revenue growth, the hotel did not generate enough profit to pay off interest on a $170 million loan from Deutsche Bank. With the advent of COVID-19, it got even worse: income decreased and did not even exceed $ 20 million. It is not surprising that the Trump organization tried to sell the institution.

Not far from the White House is the Trump International Hotel. AP TASS Photo

The former president did not achieve much success in selling this hotel and other property last year. Trump sold real estate worth $32 million in 2017, $53 million in 2018, and $53 million in 2019. -m – for $32 million. But in 2020, he earned only $435,000 selling apartments in Las Vegas. The low level of activity in sales transactions was the main reason why revenues fell by about 25% to $ 450 million. The figure, of course, is more than modest, but still more than 1,000 times the annual salary of the President of the United States, which he returned to the state.

Translation by Anton Bundin

Plus $490 billion: 10 billionaires who have become richest since Trump was elected
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What does a vice president of marketing do? (with salary) • BUOM

By Indeed Editorial Team

Apr 14, 2022

Becoming a VP of Marketing can be an attractive career path if you want to lead a company’s marketing initiatives and lead a team. Professionals in leadership positions often have years of industry experience and college degrees. Learning about the core responsibilities of a VP of Marketing can help you determine what skills you can improve to qualify for the role. In this article, we will explain what a VP of Marketing does, list the skills required for the job, and provide information about salary and job prospects. nine0005

What does a Vice President of Marketing do?

The Vice President of Marketing is responsible for brainstorming, developing and executing marketing campaigns on behalf of the organization. The role includes project management, where the professional sets campaign goals, develops a budget, and plans to help achieve those goals. This also includes human resource management. The VP of Marketing works as a line manager for lower level employees in the department such as marketing coordinators, social media managers and graphic designers. Once the campaigns are underway, the leader consults with senior management, such as the CEO and CMO, to report on the success of the projects. nine0005

Here is a list of typical VP Marketing responsibilities:

• Budgeting for the marketing department

• Monitor competitor activity, including recent campaigns and product releases

• Establish key performance indicators for marketing projects.

• Consultations with market analysts to learn about the target audience, including shopping habits, social media activity and interests. nine0005

• Collaborate with product designers to develop products that can engage consumers

• Collaborate with media professionals to create brand advertising.

• Conduct presentations to executives on past and future campaigns

• Assist in coordinating marketing activities

• Manage recruitment, recruitment and onboarding of new marketing staff

VP Marketing Qualification

Employers may require job applicants to have the following educational credentials to be eligible for the position of VP Marketing:

Bachelor’s Degree

marketing presidents may have a bachelor’s degree in marketing or a similar discipline such as communications. The degree often takes four to five years to complete. This may qualify you for entry-level positions in the industry after graduation. While you are still in school, you may find it beneficial to work as an intern at a marketing or public relations agency. You can participate in marketing campaigns and apply your knowledge of brand awareness and social media management. nine0005

Master’s degree

Hiring managers may hire professionals with a master’s degree in marketing or communications. Another option is a Master of Business Administration (MBA) degree. A graduate degree program often takes one to two years to complete. You can specialize your knowledge in an industry. It can also help you move up the corporate ladder faster. For example, you might start your career as a marketing manager instead of an entry-level coordinator position, which could bring you one step closer to a departmental leadership position. nine0005

VP Marketing Skills

Here are some examples of social and technical skills that professionals can use as VPs of Marketing: can benefit the organization as a whole. This skill includes income generation where a VP can seek to increase brand awareness which encourages customers to buy products which can lead to increased profits. This also includes budgeting, which requires a professional to allocate financial resources to projects and keep track of costs to ensure the campaign is worth the investment. The VP of Marketing understands what it takes to run a business effectively and how successful marketing campaigns can improve a company’s reputation and overall performance. nine0005

Analytics

The VP of Marketing can collect and interpret analytics for a marketing project. For example, to determine the effectiveness of a website’s new content, a professional might measure search engine optimization efforts, which measure how high a company’s website ranks on the results page. For social media initiatives, the VP can also review engagement levels to decide if the content resonates with the target audience. nine0005

Interpersonal Communication

Interpersonal Communication enables the VP of Marketing to build relationships with team members, executives and stakeholders. They can convey information that is easy for their audience to understand and set clear expectations for campaigns. As leaders, they can maintain productivity standards and remain available in the workplace. The skill may also allow them to motivate employees through work tasks. For example, when providing feedback to a graphic designer, the VP of Marketing practices active listening to learn about the designer’s confusion, which helps them develop a plan to help the employee achieve professional growth. nine0005

VP of Marketing Salary and Job Opportunity

The average salary of a VP of Marketing is $143,124 per year. Employers often base wages on job candidate qualifications such as education and work experience. For example, a professional who has a PhD in marketing or has been in the industry for 25 years may have higher earning potential than a professional with a master’s degree and 10 years of experience. Salary may also depend on location. For example, a business in a city with a high cost of living may offer more money than a business in a city with a low cost of living.