Chief Business Officer Salary in Chicago, Illinois

Chief Business Officer Salary in Chicago, IL

How much does a Chief Business Officer make in Chicago, IL?

As of March 01, 2025, the average annual salary for a Chief Business Officer in Chicago, IL is $188,823. According to Salary.com, salaries can range from a low of $150,584 to a high of $227,754, with most professionals earning between $168,807 and $209,201.

Develop a Job description
Pay Equity
Salary Grading Scale
Pay Strategy
2024 Compensation Trend
Compensation Consulting
Salary Salary + Bonus Benefits
Based on HR-reported data: a national average with a geographic differential
View as table View as graph
Chief Business Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Chief Business Officer Salary $150,584 Chicago,IL March 01, 2025
25th Percentile Chief Business Officer Salary $168,807 Chicago,IL March 01, 2025
50th Percentile Chief Business Officer Salary $188,823 Chicago,IL March 01, 2025
75th Percentile Chief Business Officer Salary $209,201 Chicago,IL March 01, 2025
90th Percentile Chief Business Officer Salary $227,754 Chicago,IL March 01, 2025
25% $168,807 10% $150,584 90% $227,754 75% $209,201 $188,823 50%(Median) Didn’t find job title? Click
Employers: Find Surveys For This Job Employers: Price Your Company Jobs Employees: View your Salary
Change Search Criteria
See it in Action

What is a Chief Business Officer ?

Chief business officer (CBO) is the position of the top operating executive of growing commercial companies or an academic/research institution (such as a university, college, institute, or teaching hospital). In the commercial space, CBO shows leadership in deal making experience with a clear record of results and ultimate transactional responsibility. In higher education, the titles of vice president, associate dean, assistant dean, and director are also used for the role of the chief business officer...

Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia

See user submitted job responsibilities for Chief Business Officer.

Search Chief Business Officer Job Openings

Job Openings for Chief Business Officer in Chicago, IL

Career Path for this job

  1. Down a level:

    Business Development Manager, Sr.


    Bachelor's Degree

  2. This Job:

    Chief Business Officer


    Bachelor's Degree

  3. Up a level:

    Vice President of Business Development


    Bachelor's Degree

Not the job you're looking for? Search more salaries here:

Understand the total compensation opportunity for a Chief Business Officer, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
168807
209201
188823

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
193334
256882
223170
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Business Officer in Chicago, IL. The base salary for Chief Business Officer ranges from $168,807 to $209,201 with the average base salary of $188,823. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $193,334 to $256,882 with the average total cash compensation of $223,170.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

168807
209201

 

About Chicago, Illinois    Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois  area prices were up 0.8% from a year ago

Chief Business Officer Salary in popular cities: Aurora, Rockford, Joliet

Skills associated with Chief Business Officer: Planning

Recently searched related titles: Director Of Corporate Development, Regional Development Director, Director Of Business Administration

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role