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The differences between chief product officers and senior product managers 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 senior product manager takes usually requires 8-10 years. Additionally, a chief product officer has an average salary of $134,865, which is higher than the $133,868 average annual salary of a senior product manager.
The top three skills for a chief product officer include CPO, patrol and patients. The most important skills for a senior product manager are product management, cloud, and product strategy.
| Chief Product Officer | Senior Product Manager | |
| Yearly salary | $134,865 | $133,868 |
| Hourly rate | $64.84 | $64.36 |
| Growth rate | 6% | 10% |
| Number of jobs | 145,190 | 119,025 |
| Job satisfaction | 4 | 4 |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 72% |
| 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 senior product manager oversees the workflow and workforce involved in product and service development, ensuring a high return for its investments. They are primarily responsible for assessing and providing recommendations, producing review and reference documents, and obtaining feedback from consumers and high-ranking company personnel. Furthermore, as a senior product manager, they must lead a group of product managers, motivating and supervising them in their joint effort to accomplish goals according to the company's standards and policies.
Chief product officers and senior product managers have different pay scales, as shown below.
| Chief Product Officer | Senior Product Manager | |
| Average salary | $134,865 | $133,868 |
| Salary range | Between $74,000 And $242,000 | Between $98,000 And $182,000 |
| Highest paying City | Newark, NJ | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | McKinsey & Company Inc | Roku |
| Best paying industry | Professional | Start-up |
There are a few differences between a chief product officer and a senior product manager in terms of educational background:
| Chief Product Officer | Senior Product Manager | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between chief product officers' and senior product managers' demographics:
| Chief Product Officer | Senior Product Manager | |
| Average age | 52 | 39 |
| Gender ratio | Male, 71.4% Female, 28.6% | Male, 68.5% Female, 31.5% |
| 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% |