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Corporate development director vs corporate vice president

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 vs corporate vice president overview

Corporate Development DirectorCorporate Vice President
Yearly salary$159,614$165,788
Hourly rate$76.74$79.71
Growth rate10%6%
Number of jobs95,42169,051
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 72%
Average age3952
Years of experience10-

What does a corporate development director do?

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.

What does a corporate vice president do?

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 director vs corporate vice president salary

Corporate development directors and corporate vice presidents have different pay scales, as shown below.

Corporate Development DirectorCorporate Vice President
Average salary$159,614$165,788
Salary rangeBetween $110,000 And $230,000Between $113,000 And $242,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateRhode IslandNevada
Best paying companyMayo ClinicBrookfield Properties
Best paying industryTelecommunicationHospitality

Differences between corporate development director and corporate vice president education

There are a few differences between a corporate development director and a corporate vice president in terms of educational background:

Corporate Development DirectorCorporate Vice President
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Southern California

Corporate development director vs corporate vice president demographics

Here are the differences between corporate development directors' and corporate vice presidents' demographics:

Corporate Development DirectorCorporate Vice President
Average age3952
Gender ratioMale, 69.7% Female, 30.3%Male, 73.8% Female, 26.2%
Race ratioBlack 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 Percentage10%12%

Differences between corporate development director and corporate vice president duties and responsibilities

Corporate development director example responsibilities.

  • Create a competitive advantage by streamlining the RFP, sales and contract processes.
  • Lead restructuring/divestiture analysis of underperforming and strategically challenge traditional and digital business units helping to dramatically decrease EBITDA and market declines.
  • Overhaul and optimize sales strategy, targeting, tactics, CRM, value proposition, training.
  • Work with sales teams to translate customer needs to winning solutions, RFP responses and deal structuring.
  • Support linguists and staff, providing sales and administrative tools (CRM) require to meet business objectives.
  • Liaise with healthcare providers to create provider-sponsore insurance product for small businesses.
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Corporate vice president example responsibilities.

  • Manage all corporate administration: accounting, payroll, employee relations, data processing, and all other administrative functions.
  • Manage company-wide initiative to implement internal control processes compliant with Sarbanes-Oxley.
  • Lead the consolidation of financial and operational systems for non-acute services including rehabilitation and psychiatry services.
  • Provide management oversight and support to international markets to ensure compliance with U.S. GAAP and internal management reporting requirements.
  • Work with outside consultants and CPA.
  • Produce payroll for thirty staff and union workers, make payroll deposits, and produce annual payroll documents.
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Corporate development director vs corporate vice president skills

Common corporate development director skills
  • Corporate Development, 18%
  • Project Management, 10%
  • Financial Models, 8%
  • Business Development, 7%
  • HR, 6%
  • Mergers, 5%
Common corporate vice president skills
  • Risk Management, 9%
  • Portfolio, 8%
  • Oversight, 7%
  • Project Management, 6%
  • Financial Statements, 5%
  • Real Estate, 4%

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