How much does a Chief Procurement Officer make in the United States? The average Chief Procurement Officer salary in the United States is $216,500 as of November 23, 2022, but the range typically falls between $187,700 and $246,600. 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.
The Chief Procurement Officer is responsible for planning and directing materials and supply to reduce costs and improve quality. Oversees all aspects of an organization's goods and services purchasing function. Being a Chief Procurement Officer typically reports to top management. Requires a bachelor's degree. The Chief Procurement Officer 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. Comprehensive knowledge of the overall departmental function. Working as a Chief Procurement Officer typically requires 8+ years of managerial experience. (Copyright 2022 Salary.com)
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Procurement Officer in the United States. The base salary for Chief Procurement Officer ranges from $187,700 to $246,600 with the average base salary of $216,500. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $221,200 to $323,200 with the average total cash compensation of $267,500.