How much does a Chief Merchandising Officer make at companies like Hilton Worldwide Holdings Inc. in the United States? The average salary for Chief Merchandising Officer at companies like Hilton Worldwide Holdings Inc. in the United States is $529,690 as of March 26, 2024, but the range typically falls between $449,120 and $684,600. 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. View the Cost of Living in Major Cities
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The Chief Merchandising Officer establishes product assortment strategies to meet customer demand and maximize sales and profits. Oversees, plans, and directs all aspects of a retail organization's merchandise buying activities. Being a Chief Merchandising Officer may be responsible for managing supply chain and vendor relationships. May be responsible for establishing guidelines for merchandise pricing and markdowns. In addition, Chief Merchandising Officer requires a bachelor's degree. Typically reports to top management. The Chief Merchandising 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 Merchandising Officer typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)
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