Director, Corporate Development Salary
The average salary for a Director, Corporate Development is $134,446 per year. Most people with this job move on to other positions after 20 years in this career. Skills that are associated with high pay for this job are Financial Modeling, Mergers and Acquisitions, Business Development, and Financial Analysis.
|Salary||$79,027 - $190,763|
|Bonus||$9,799 - $60,000|
|Total Pay (||$84,796 - $244,872|
Job Description for Director, Corporate Development
Directors of corporate development are generally responsible for developing and implementing long-term business strategies for their corporations. These directors must be forward-thinking and have the skills, knowledge, and foresight to accelerate these strategies through new venture investments and other development programs.Read More...
A bachelor’s degree in business management or a related field and at least ten successful years in a supervisory position are generally required for this position, and experience with due diligence and financial assessment are also required. Directors of corporate development typically oversee a large staff which may include employees in various departments, such as finance, strategic development, and long-term planning.
Directors of corporate development should be well-spoken and professional, exhibit leadership and management skills, and maintain thorough knowledge of strategic planning and implementation procedures. They must also be able to establish and maintain harmonious working relationships with high-level administrators within the company, as well as other professionals and third-parties outside the company. They are also required to participate in strategic planning meetings, and some may direct planning, finance, and investiture meetings.
These directors often work in a fast-paced environment, and flexibility is important in this position, though they usually work during regular weekly business hours. Travel may be required up to 25% of the time depending on the employer, and eligibility to obtain a passport for international travel is also necessary. (Copyright 2017 PayScale.com)
Director, Corporate Development Tasks
- Direct and perform market analysis, building market landscape and identifying opportunities, practices, and resources.
- Oversee existing and potential client relationships, providing guidance and problem resolution.
- Perform, interpret, and present strategic analysis to assist in developing business objectives and strategy.
- Lead cross-functional teams to build and implement M&A pipeline, due diligence, and negotiation/closing processes.
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Pay by Experience Level for Director, Corporate Development
Pay by Experience for a Director, Corporate Development has a positive trend. An entry-level Director, Corporate Development with less than 5 years of experience can expect to earn an average total compensation of $118,000 based on 52 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Director, Corporate Development with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $142,000 based on 92 salaries. An experienced Director, Corporate Development which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $178,000 based on 82 salaries. A Director, Corporate Development with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $196,000 based on 16 salaries.
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