How much does a Chief Product Development Officer make?

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.

Chief Product Development Officer Salaries by Percentile
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

Average Salary

25% $280,508 10% $241,346 90% $442,872 75% $385,994 $323,522 50%(Median) Didn’t find job title? Click
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How much does a Chief Product Development Officer make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Chief Product Development Officer salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Chief Product Development Officer hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Chief Product Development Officer's Salary?

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
$293,505 0 yr
$297,309 < 2 yrs
$302,382 2-4 yrs
$309,991 5-8 yrs
$319,502 > 8 yrs
Last Updated on March 01, 2025
Entry Level 9%
Mid Level 8%
Senior Level 7%
Top Level 4%
Experienced 1%
View as graph
Last Updated on March 01, 2025

How much does salary of Chief Product Development Officer vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Chief Product Development Officer is $404,402.
  • In New York, NY, the average annual salary is $377,873.
  • In Boston, MA, a Chief Product Development Officer earns $362,668 per year.

What is the salary trend of Chief Product Development Officer?

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.

Average Annual Salary of Chief Product Development Officer Over Time

2020
$???
2021
$???
2022
$???
$252,332
2023
$250,482
2024
$245,798
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$252,332
2024
$250,482
2025
$245,798
2026
$???
Last Updated on March 01, 2025

Chief Product Development Officer Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $252,332
2024 $250,482
2025 $245,798
2026 View More
Last Updated on March 01, 2025

Job Openings of Chief Product Development Officer

Salary.com job board provides millions of Chief Product Development Officer information for you to search for. Click on search button below to see Chief Product Development Officer job openings or enter a new job title here.

Most Common Benefits for Chief Product Development Officer

Based on HR-reported data: a national average with a geographic differential
Base Salary 60.7%
Bonuses 18.8%
Social Security 3.1%
401k/403b 2.0%
Disability 1.6%
Healthcare 1.6%
Pension 2.5%
Time Off 9.8%
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%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Chief Product Development Officer with different levels of education?

Salaries for Chief Product Development Officer with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Chief Product Development Officer with a Bachelor's Degree is $302,382 - $328,711. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Chief Product Development Officer Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Chief Product Development Officer
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%
Typical Education for Chief Product Development Officer
No Diploma 0.3%
High School 1.2%
Associates 1.5%
Bachelors 45.4%
Masters 42.1%
Doctorate 9.6%
view as table

Chief Product Development Officer Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Chief Product Development Officer

1. What is the average salary of a Chief Product Development Officer?

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.

2. Where can a Chief Product Development Officer earn the most?

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.

3. What is the highest pay for Chief Product Development Officer?

The highest pay for Chief Product Development Officer is $442,872.

4. What is the lowest pay for Chief Product Development Officer?

The lowest pay for Chief Product Development Officer is $241,346.

5. What are the responsibilities of Chief Product Development Officer?

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.

6. What are the skills of Chief Product Development Officer

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.

1.)

Innovation: The ability and process of implementing new ideas and initiatives to improve organizational performance.

2.)

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.

3.)

Mutual Fund: A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Chief Product Development Officer is $323,522 per year in the United States, updated at March 01, 2025.
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