How much does a Chief Business Development Executive make in the United States? The average Chief Business Development Executive salary in the United States is $331,150 as of March 26, 2024, but the range typically falls between $278,027 and $398,095. 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. 

Chief Business Development Executive Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Business Development Executive Salary $229,662 US March 26, 2024
25th Percentile Chief Business Development Executive Salary $278,027 US March 26, 2024
50th Percentile Chief Business Development Executive Salary $331,150 US March 26, 2024
75th Percentile Chief Business Development Executive Salary $398,095 US March 26, 2024
90th Percentile Chief Business Development Executive Salary $459,046 US March 26, 2024
25% $278,027 10% $229,662 90% $459,046 75% $398,095 $331,150 50%(Median) Didn’t find job title? Click
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What skills does a Chief Business Development Executive need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Sales Operations: Sales operations is a set of business activities and processes that help a sales organization run effectively, efficiently and in support of business strategies and objectives. Sales operations may also be referred to as sales, sales support or business operations. The set of sales operations activities vary from company to company but often include these five categories: Sales Force Enablement Sales Process Development Sales Process Adoption and Compliance Sales Development Sales Training Sales Force Communications ManagementBusiness Analytics Sales Metrics Sales ForecastingSales Administration Proposal/Contract Development Vendor Selection and Management Planning Process StewardshipAttainment Planning Incentive Sales Compensation Plan Design GTM Strategy Alignment with Roles and Components Territory Analysis and Definition Goal SettingSales Operations Mandate and Design

3.

Sales and Marketing: Marketing consists of the strategies your company employs to generate interest in your business. Sales are the methods by which you convert that interest into a transaction.

Leadership 5.97%
Sales Operations 1.51%
Sales and Marketing 1.06%
Others 91.46%

Job Description for Chief Business Development Executive

Chief Business Development Executive develops and leads the overall 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 Chief Business Development Executive 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, Chief Business Development Executive directs financial feasibility studies, development of proposals, 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 chief executive officer (ceo). Responsible for the development of functional or business unit strategy for the entire organization. Defines corporate vision and strategy establishes company direction and focus. Executes multiple high impact initiatives to achieve overall corporate goals. (Copyright 2024 Salary.com)... View full job description

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Chief Business Development Executive salary varies from city to city. Compared with national average salary of Chief Business Development Executive, the highest Chief Business Development Executive salary is in San Francisco, CA, where the Chief Business Development Executive salary is 25.0% above. The lowest Chief Business Development Executive salary is in Miami, FL, where the Chief Business Development Executive 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

 
 
 
278027
398095
331150

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
332091
563797
428684
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Business Development Executive in the United States. The base salary for Chief Business Development Executive ranges from $278,027 to $398,095 with the average base salary of $331,150. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $332,091 to $563,797 with the average total cash compensation of $428,684.
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278027
398095

 

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Skills associated with Chief Business Development Executive: Negotiation, Business Development, Relationship Marketing, Customer Relationship Management (CRM) software ...More

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Chief Business Development Executive Salary in United States
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