The salary of a Chief Product Development Officer in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of March 01, 2025, the average annual salary for a Chief Product Development Officer in the United States is $323,522. According to Salary.com, salaries can range from a low of $241,346 to a high of $442,872, with most professionals earning between $280,508 and $385,994.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $385,994 | $32,166 | $7,423 | $186 |
| Average | $323,522 | $26,960 | $6,222 | $156 |
| 25th Percentile | $280,508 | $23,376 | $5,394 | $135 |
An entry-level Chief Product Development Officer with less than 1 year of experience earns about $293,505. With 1-2 years of experience, the average salary increases to $297,309. For 2-4 years of experience, the pay typically rises to $302,382. Senior-level professionals with 5-8 years of experience earn around $309,991, and those with over 8 years of experience can expect an average of $319,502.
| Levels | Salary |
|---|---|
| Entry Level Chief Product Development Officer | $293,505 |
| Intermediate Level Chief Product Development Officer | $297,309 |
| Senior Level Chief Product Development Officer | $302,382 |
| Specialist Level Chief Product Development Officer | $309,991 |
| Expert Level Chief Product Development Officer | $319,502 |
| Entry Level | 9% |
| Mid Level | 8% |
| Senior Level | 7% |
| Top Level | 4% |
| Experienced | 1% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Chief Product Development Officer compensation over the past six years. For example, the median salary increased from $252,332 in 2023 to approximately $250,482 in 2024. (For a detailed analysis of Chief Product Development Officer salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
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Here are companies hiring for Chief Product Development Officer and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $323,522 | 60.7% | ||
| Bonus | $100,190 | 18.8% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $16,597 | 3.1% | ||
| 401K/403B | $10,500 | 2.0% | ||
| Disability | $8,474 | 1.6% | ||
| Healthcare | $8,352 | 1.6% | ||
| Pension | $13,500 | 2.5% | ||
| Time Off | $52,149 | 9.8% | ||
| Total Compensation | $533,284 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.3% |
| High School | 1.2% |
| Associates | 1.5% |
| Bachelors | 45.4% |
| Masters | 42.1% |
| Doctorate | 9.6% |
What Am I Worth?
The average annual salary of Chief Product Development Officer is $323,522. In case you are finding an easy salary calculator, the average hourly pay of Chief Product Development Officer is $156; the average weekly pay of Chief Product Development Officer is $6,222; the average monthly pay of Chief Product Development Officer is $26,960.
A Chief Product Development Officer's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Chief Product Development Officer earns the most in San Jose, CA, where the annual salary of a Chief Product Development Officer is $406,020.
The highest pay for Chief Product Development Officer is $442,872.
The lowest pay for Chief Product Development Officer is $241,346.
Chief Product Development Officer provides leadership, vision, and strategy for new product development and product lifecycle management of existing products. Oversees research and concept development activities to innovate new products, product enhancements, and product redesign. Being a Chief Product Development Officer conducts market analysis and interacts with customers and prospects to identify new markets, articulate the value proposition, define requirements, and lead the development of a product roadmap. Champions new product development and leads collaboration with internal stakeholders, including marketing, sales, and manufacturing, to ensure that new and existing products support the organization's financial goals. Additionally, Chief Product Development Officer requires a bachelor's degree. Typically reports to Chief Executive Officer (CEO). C-Suite level management. Develops functional or business unit strategy for an organization. Executes multiple high impact initiatives to achieve organizational goals. Defines vision, strategy, and focus for a major functional or business unit. Substantial experience with setting key metrics like KPIs or OKRs and shaping plans to meet objectives. To be a Chief Product Development Officer typically requires progressive leadership experience in senior management roles. Has expert level knowledge of the overall departmental function. Demonstrated experience in developing and executing long term business strategies.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.
Product Marketing: Product marketing is a process of promoting and selling a product to a customer. Also product marketing is defined as being the intermediary function between product development and increasing brand awareness. For example, product management deals with the basics of product development within a firm, whereas product marketing deals with marketing the product to prospects, customers, and others. Product marketing, as a job function within a firm, also differs from other marketing jobs such as social media marketing, marketing communications ("marcom"), online marketing, advertising, marketing strategy, and public relations, although product marketers may use channels such as online for outbound marketing for their product. A product market is something that is referred to when pitching a new product to the general public. Product market definition focuses on a narrow statement: the product type, customer needs (functional needs), customer type, and geographic area.
Mutual Fund: A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.
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