A vice president (VP) of research and development (R&D) is an executive who oversees and supervises all development and innovation efforts by a company. They work to recruit product development team leaders to handle these efforts and directs R&D teams with budget approvals, scheduling, and deadline management. The VP also works with other teams within the company — such as sales, marketing, engineering, and manufacturing — to bring new products from the research and development side to market or implementation within the organization.
Vice President (VP), Research & Development Tasks
Provide leadership and develop objectives for the Research and Development (R&D) department.
Obtain funding for existing and future Research and Development (R&D) projects.
Develop and direct the design and development of new products and the improvement of existing products.
Work with members of the senior management team to further department and company goals.