Alternate Job Titles: Top Product Development Executive, VP, Product Development, Chief Product Development Executive, Chief Product Development Officer, Vice President of Product Development
What is the average annual salary for Top Product Development Executive?
The annual salary for someone with the job title Top Product Development Executive may vary depending on a number of factors including industry, company size, location, years of experience and level of education. 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 $203,149 so 50% of the people who perform the job of Accountant I in the United Sates are expected to make less than $203,149.
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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