Average Experienced Vice President (VP) of Product Development Salary

$153,882
Avg. Salary
$25,912
Bonus
$19,727
Profit Sharing
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The average salary for an Experienced Vice President (VP) of Product Development is $153,882.
10%
$100k
10%
$154k
50%
$220k
90%
90%
MEDIAN $153,882
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United States (change)
Salary
$100k - $220k
Bonus
$6k - $64k
Profit Sharing
$3k - $73k
Total Pay
$103k - $262k

Your Market Worth Over Time

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Job Description for Vice President (VP) of Product Development

Vice President (VP) of Product Development Tasks
  • Lead product development and production teams from initial inception to final product.
  • Guide product placement and pricing strategies.
  • Ensure that products meet the brand standards as well as consumer needs.
  • Conduct technical, competitive, and trend analysis to identify and evaluate potential products.

Career Paths

Explore the most common career paths for Vice President (VP) of Product Development. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Vice President (VP) of Product Development
Chief Product Officer (CPO)
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Vice President (VP) of Product Development Job Listings

Popular Skills for Vice President (VP) of Product Development

Skills in Product Development, Product Management and Strategic Project Management are correlated to pay that is above average. Skills that pay less than market rate include Project Management and Business Development.

Pay by Experience Level for Vice President (VP) of Product Development

An early career Vice President (VP) of Product Development with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $117,409 based on 85 salaries. A mid-career Vice President (VP) of Product Development with 5-9 years of experience earns an average total compensation of $128,137 based on 228 salaries. In their late career (20 years and higher), employees earn an average total compensation of $172,253.
Employees with Vice President (VP) of Product Development in their job title in San Francisco, California earn an average of 14.6% more than the national average. These job titles also find higher than average salaries in Atlanta, Georgia (14.1% more) and Denver, Colorado (13.7% more). The lowest salaries can be found in Chicago, Illinois (18.1% less).

Years of Experience

This data is based on 641 survey responses.
Early Career
13.3%
Mid Career
35.6%
Late Career
51.2%