How much does a Vice President of Business Development make in Illinois? The average Vice President of Business Development salary in Illinois is $258,520 as of February 26, 2024, but the range typically falls between $232,279 and $288,286. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Vice President of Business Development Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vice President of Business Development Salary $208,389 IL February 26, 2024
25th Percentile Vice President of Business Development Salary $232,279 IL February 26, 2024
50th Percentile Vice President of Business Development Salary $258,520 IL February 26, 2024
75th Percentile Vice President of Business Development Salary $288,286 IL February 26, 2024
90th Percentile Vice President of Business Development Salary $315,387 IL February 26, 2024
25% $232,279 10% $208,389 90% $315,387 75% $288,286 $258,520 50%(Median) Didn’t find job title? Click
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Job Description for Vice President of Business Development

Vice President of Business Development directs the development and execution of the business development vision, strategy, plans, and processes that will drive sales, increase revenue, expand markets, and accomplish financial objectives. Identifies and evaluates new markets, partners, channels, and customers. Being a Vice President of Business Development develops a wide network of contacts to keep informed about current and future industry and market actions. Researches and analyzes the business environment, competitors, and customers to develop ideas for new products and services, pricing, and business models. Additionally, Vice President of Business Development directs financial feasibility studies, proposal development, and negotiations for new business opportunities. Collaborates with marketing, sales, product development, and other stakeholders to support business development plans. Requires a bachelor's degree. Typically reports to top management. The Vice President of Business Development manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Vice President of Business Development typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Vice President of Business Development in Illinois

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Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $265,413 Date Updated February 26, 2024
Location Mount Prospect, IL Avg. Salary $264,508 Date Updated February 26, 2024
Location Abingdon, IL Avg. Salary $238,623 Date Updated February 26, 2024
Location Adair, IL Avg. Salary $241,511 Date Updated February 26, 2024
Location Addieville, IL Avg. Salary $245,713 Date Updated February 26, 2024
Location Addison, IL Avg. Salary $264,508 Date Updated February 26, 2024
Location Akin, IL Avg. Salary $236,296 Date Updated February 26, 2024
Location Albany, IL Avg. Salary $234,532 Date Updated February 26, 2024
Location Albers, IL Avg. Salary $245,713 Date Updated February 26, 2024
Location Albion, IL Avg. Salary $231,047 Date Updated February 26, 2024

Career Path for Vice President of Business Development

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 Vice President of Business Development, the upper level is Senior Vice President of Business Development and then progresses to Chief Business Development Executive.

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Vice President of Business Development Salary in Illinois
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