How much does a VP of Product Management make at companies like ESPEY MFG & ELECTRONICS CORP in the United States? The average salary for VP of Product Management at companies like ESPEY MFG & ELECTRONICS CORP in the United States is $218,646 as of February 26, 2024, but the range typically falls between $192,563 and $244,524. 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. View the Cost of Living in Major Cities
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VP of Product Management provides leadership, innovation, and oversight to guide and support the lifecycle management of the technology products of an organization. Leads the overall strategic plan and oversees all aspects of an organization's product management function to ensure it meets the organization's current goals and objectives. Being a VP of Product Management establishes and approves operating policies and procedures and monitors to ensure efficient and effective workflow. Oversees the technology lifecycle of new products or feature enhancements from conceptualization, requirements gathering, product specification, implementation review, and release. Additionally, VP of Product Management reviews progress reports and recommends process improvements to facilitate rapid development and implementation of new products or features. Requires a bachelor's degree. Typically reports to top management. The VP of Product Management 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 VP of Product Management typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
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