How much does a Senior Vice President of Innovation make in the United States? The average Senior Vice President of Innovation salary in the United States is $300,239 as of April 24, 2024, but the range typically falls between $258,192 and $363,279. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Senior Vice President of Innovation Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Senior Vice President of Innovation Salary $219,909 US April 24, 2024
25th Percentile Senior Vice President of Innovation Salary $258,192 US April 24, 2024
50th Percentile Senior Vice President of Innovation Salary $300,239 US April 24, 2024
75th Percentile Senior Vice President of Innovation Salary $363,279 US April 24, 2024
90th Percentile Senior Vice President of Innovation Salary $420,673 US April 24, 2024
25% $258,192 10% $219,909 90% $420,673 75% $363,279 $300,239 50%(Median) Didn’t find job title? Click
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Job Description for Senior Vice President of Innovation

Senior Vice President of Innovation develops the vision, strategy, and thinking methodologies used to innovate new products and services, introduce novel or disruptive ideas, improve existing processes, and create a culture of innovation within the company. Articulates an innovation strategy and defines objectives and measures aligned with overall company goals that add value to stakeholders. Being a Senior Vice President of Innovation champions innovation projects and oversees resources and budgets. Seeks out new opportunities with partners or alliances that support innovation efforts. Additionally, Senior Vice President of Innovation collaborates with internal teams and promotes a culture of innovation that encourages and supports experimentation and rewards new ideas and ways of thinking. Requires a bachelor's degree. Typically reports to top management. The Senior Vice President of Innovation manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Senior Vice President of Innovation
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Career Path for Senior Vice President of Innovation

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Senior Vice President of Innovation, the first career path typically progresses to Chief Innovation Officer.

Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Senior Vice President of Innovation salary varies from city to city. Compared with national average salary of Senior Vice President of Innovation, the highest Senior Vice President of Innovation salary is in San Francisco, CA, where the Senior Vice President of Innovation salary is 25.0% above. The lowest Senior Vice President of Innovation salary is in Miami, FL, where the Senior Vice President of Innovation salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
258192
363279
300239

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
306894
506033
384544
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Senior Vice President of Innovation in the United States. The base salary for Senior Vice President of Innovation ranges from $258,192 to $363,279 with the average base salary of $300,239. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $306,894 to $506,033 with the average total cash compensation of $384,544.
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258192
363279

 

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Skills associated with Senior Vice President of Innovation: Product Research, Product Innovation, Data Analysis, Strategy Development ...More

Senior Vice President of Innovation Salary in United States
Senior Vice President of Innovation Salary Graph, Regional Distribution and Summary