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The differences between product management directors and vice presidents, product management 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 vice president, product management. Additionally, a vice president, product management has an average salary of $183,231, which is higher than the $156,724 average annual salary of a product management director.
The top three skills for a product management director include product management, product strategy and cloud. The most important skills for a vice president, product management are product management, analytics, and product strategy.
| Product Management Director | Vice President, Product Management | |
| Yearly salary | $156,724 | $183,231 |
| Hourly rate | $75.35 | $88.09 |
| Growth rate | 10% | 10% |
| Number of jobs | 170,460 | 185,361 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| 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.
A vice president of product management is responsible for handling the overall operational decisions of product deliverables, creating strategic procedures for product marketing strategy, and ensuring that the outputs provide the highest customer satisfaction. The vice president of product management monitors the department's budget, allocating adequate resources to every team to support operational promotions and research on current market trends. They also adjust product management approaches to meet the company's goals and objectives and identify opportunities to increase revenues and profitability.
Product management directors and vice presidents, product management have different pay scales, as shown below.
| Product Management Director | Vice President, Product Management | |
| Average salary | $156,724 | $183,231 |
| Salary range | Between $112,000 And $219,000 | Between $127,000 And $262,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Alaska |
| Best paying company | Meta | Okta |
| Best paying industry | Technology | Start-up |
There are a few differences between a product management director and a vice president, product management in terms of educational background:
| Product Management Director | Vice President, Product Management | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between product management directors' and vice presidents, product management' demographics:
| Product Management Director | Vice President, Product Management | |
| Average age | 39 | 39 |
| Gender ratio | Male, 77.1% Female, 22.9% | Male, 80.9% Female, 19.1% |
| 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% |