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The differences between corporate development directors and corporate vice presidents can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a corporate development director, becoming a corporate vice president takes usually requires More than 10 years. Additionally, a corporate vice president has an average salary of $165,788, which is higher than the $159,614 average annual salary of a corporate development director.
The top three skills for a corporate development director include corporate development, project management and financial models. The most important skills for a corporate vice president are risk management, portfolio, and oversight.
| Corporate Development Director | Corporate Vice President | |
| Yearly salary | $159,614 | $165,788 |
| Hourly rate | $76.74 | $79.71 |
| Growth rate | 10% | 6% |
| Number of jobs | 95,421 | 69,051 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Average age | 39 | 52 |
| Years of experience | 10 | - |
Corporate Development Directors are executives with high business acumen. They oversee the business development initiatives of the company, often spearheading these activities. Corporate Development Directors closely follow the industry's current trends and economy, which would affect the market and its consumers. They analyze these trends to create initiatives that would bring further success to the business. Corporate development directors should uphold the company's image and ensure that business development initiatives align with the company's branding.
A corporate vice president is an executive professional who is vital in managing staff and supervising departmental operations of a corporation. Corporate vice presidents must assist the president and the board of directors in designing the overall mission, values, and strategic goals of the corporation. As determined by the business's strategic goals, vice presidents must contribute to sales innovations, strategic business development, and the profitability of the corporation. Corporate vice presidents must also attend meetings with the board of directors to share information about competitors and expansion opportunities.
Corporate development directors and corporate vice presidents have different pay scales, as shown below.
| Corporate Development Director | Corporate Vice President | |
| Average salary | $159,614 | $165,788 |
| Salary range | Between $110,000 And $230,000 | Between $113,000 And $242,000 |
| Highest paying City | San Francisco, CA | Washington, DC |
| Highest paying state | Rhode Island | Nevada |
| Best paying company | Mayo Clinic | Brookfield Properties |
| Best paying industry | Telecommunication | Hospitality |
There are a few differences between a corporate development director and a corporate vice president in terms of educational background:
| Corporate Development Director | Corporate Vice President | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between corporate development directors' and corporate vice presidents' demographics:
| Corporate Development Director | Corporate Vice President | |
| Average age | 39 | 52 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 73.8% Female, 26.2% |
| Race ratio | 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% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.6% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |