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The differences between chief product officers and product management directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a chief product officer, becoming a product management director takes usually requires 8-10 years. Additionally, a product management director has an average salary of $156,724, which is higher than the $134,865 average annual salary of a chief product officer.
The top three skills for a chief product officer include CPO, patrol and patients. The most important skills for a product management director are product management, product strategy, and cloud.
| Chief Product Officer | Product Management Director | |
| Yearly salary | $134,865 | $156,724 |
| Hourly rate | $64.84 | $75.35 |
| Growth rate | 6% | 10% |
| Number of jobs | 145,190 | 170,460 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 70% |
| Average age | 52 | 39 |
| Years of experience | - | 10 |
A chief product officer (CPO) is an executive professional who is responsible for managing a company's product management team to create products that can deliver sustainable value to both customers and the business. This executive must lead the strategic product direction, which includes product vision, design, development, and marketing. To get insights from the needs of customers, this executive is required to initiate various types of customer research to use it to differentiate products from competitors. This chief product officer must also take part in exhibitions to present products to the audience.
A Product Management Director is responsible for a business product planning as well as execution throughout the life cycle of the business. They create the product strategy and requirements, develop and execute tactical plans, and maintain product and market knowledge.
Chief product officers and product management directors have different pay scales, as shown below.
| Chief Product Officer | Product Management Director | |
| Average salary | $134,865 | $156,724 |
| Salary range | Between $74,000 And $242,000 | Between $112,000 And $219,000 |
| Highest paying City | Newark, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | McKinsey & Company Inc | Meta |
| Best paying industry | Professional | Technology |
There are a few differences between a chief product officer and a product management director in terms of educational background:
| Chief Product Officer | Product Management Director | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between chief product officers' and product management directors' demographics:
| Chief Product Officer | Product Management Director | |
| Average age | 52 | 39 |
| Gender ratio | Male, 71.4% Female, 28.6% | Male, 77.1% Female, 22.9% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 10% |