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The median expected salary for a typical Top Product Development Executive
in the United States is $200,048. This basic
market pricing report was prepared using our Certified Compensation Professionals'
analysis of survey data collected from thousands of HR departments at employers
of all sizes, industries and geographies.
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Source: HR Reported data as of May 2013
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Job Description for Top Product Development Executive
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Plans and directs all aspects of an organization's product development policies, objectives, and initiatives. Oversees research for new products, product enhancements, and product redesign. Ensures that product development activities align with the goals of the organization. Makes recommendations on the potential and practicality of products in development. Requires a bachelor's degree with at least 15 years of experience in the field. Demonstrates expertise in a variety of the field's concepts, practices, and procedures. Relies on extensive experience and judgment to plan and accomplish goals. Performs a variety of tasks. Leads and directs the work of others. A wide degree of creativity and latitude is expected. Typically reports to top management.
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Alternate Job Titles: Top Product Development Executive, VP, Product Development, Chief Product Development Executive, Chief Product Development Officer, Vice President of Product Development
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