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The differences between product management directors and product owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a product management director and a product owner. Additionally, a product management director has an average salary of $156,724, which is higher than the $97,070 average annual salary of a product owner.
The top three skills for a product management director include product management, product strategy and cloud. The most important skills for a product owner are user stories, acceptance criteria, and product backlog.
| Product Management Director | Product Owner | |
| Yearly salary | $156,724 | $97,070 |
| Hourly rate | $75.35 | $46.67 |
| Growth rate | 10% | 10% |
| Number of jobs | 170,460 | 129,990 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
Product owners are at the forefront of an organization's development cycle. They have various duties and responsibilities, which include ensuring that the value of products created by the development team is maximized, creating a vision and defining the goals for development projects, and working closely with all stakeholders. As the product owner, you are responsible for ensuring that the development team maintains a consistent vision and overseeing the product backlog. You are also expected to supervise the actual product development stages and anticipate the needs of clients.
Product management directors and product owners have different pay scales, as shown below.
| Product Management Director | Product Owner | |
| Average salary | $156,724 | $97,070 |
| Salary range | Between $112,000 And $219,000 | Between $71,000 And $130,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | ORIX USA |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a product management director and a product owner in terms of educational background:
| Product Management Director | Product Owner | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between product management directors' and product owners' demographics:
| Product Management Director | Product Owner | |
| Average age | 39 | 39 |
| Gender ratio | Male, 77.1% Female, 22.9% | Male, 64.3% Female, 35.7% |
| 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% |