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The differences between directors of product development and product management directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a director of product development and a product management director. Additionally, a product management director has an average salary of $156,724, which is higher than the $140,507 average annual salary of a director of product development.
The top three skills for a director of product development include product development, project management and product management. The most important skills for a product management director are product management, product strategy, and cloud.
| Director Of Product Development | Product Management Director | |
| Yearly salary | $140,507 | $156,724 |
| Hourly rate | $67.55 | $75.35 |
| Growth rate | 10% | 10% |
| Number of jobs | 175,429 | 170,460 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 70% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A Director of Product Development supervises and implements product development policies, initiatives, and objectives. They conduct market research to determine consumer needs and identify competitors.
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.
Directors of product development and product management directors have different pay scales, as shown below.
| Director Of Product Development | Product Management Director | |
| Average salary | $140,507 | $156,724 |
| Salary range | Between $100,000 And $196,000 | Between $112,000 And $219,000 |
| Highest paying City | San Mateo, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Apple | Meta |
| Best paying industry | Manufacturing | Technology |
There are a few differences between a director of product development and a product management director in terms of educational background:
| Director Of Product Development | Product Management Director | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between directors of product development' and product management directors' demographics:
| Director Of Product Development | Product Management Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 72.0% Female, 28.0% | Male, 77.1% Female, 22.9% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |