Alternate Job Titles: Chief Product Development Executive, Chief Product Development Officer, VP, Product Development, Top Product Development Executive, Vice President of Product Development
How much does a Top Product Development Executive make? The median annual Top Product Development Executive salary is $222,536, as of September 30, 2016, with a range usually between $195,213-$267,608, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Top Product Development Executive in the United States.
This chart describes the expected percentage of people who perform the job of Top Product Development Executive in the United States that make less than that annual salary. For example the median expected annual pay for a typical Top Product Development Executive in the United States is $222,536, so 50% of the people who perform the job of Top Product Development Executive in the United States are expected to make less than $222,536.
This chart describes the expected percentage of people who perform the job of Top Product Development Executive that make less than that salary. For example 50% of the people who perform the job of Top Product Development Executive are expected to make less than the median.
Source: HR Reported data as of October 2016
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. View full job description