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Director of new product development salary

Average director of new product development salary

$139,162

$66.9 hourly rate

Entry-level director of new product development salary
$94,000 yearly salary
Updated January 8, 2025

Salary Insights for Directors of New Product Development

As of October 2025, the Director of New Product Development commands an average salary of $139,162 per year or $67 per hour. This position typically requires a blend of strategic thinking, market analysis, and leadership skills. Salaries vary significantly across states, with the highest compensations often found in major metropolitan areas.

Salary by Experience Level

Experience plays a critical role in determining salary. Entry-level positions may start around $90,000, while professionals with 10+ years can exceed $180,000. Additionally, industries such as technology and pharmaceuticals tend to offer higher salaries due to increased demand for innovative products.

Top-Paying States and Cities

Directors in states like California, New York, and Massachusetts often see higher salary averages due to the concentration of tech companies and startups. Cities such as San Francisco, New York City, and Boston are among the highest-paying locations. For those looking to maximize their earning potential, targeting these regions is advisable.

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Where can a Director Of New Product Development earn more?

Compare salary by location
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Columbus, OH$155,016
Plymouth, MN$99,985
Compare salary by company
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202k
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DoorDash$179,280
Avo Photonics$131,793

Director of new product development salaries by experience level

Experience levelAvg. salaryHourly rate
Entry-level director of new product development$103,000$49.67
Mid-level director of new product development$110,000$53.05
Senior-level director of new product development$251,000$120.68

Average director of new product development salary by state

The average director of new product development salary in Rhode Island, New Jersey, and California are the highest in the U.S. The lowest average director of new product development salary states are Alabama, Minnesota, and Oklahoma.

  • State view
  • County view
Average salary:

Highest paying states for directors of new product development

RankStateAvg. salaryHourly rate
1Rhode Island$154,759$74.40
2Pennsylvania$139,072$66.86
3Texas$134,350$64.59
4New Jersey$151,374$72.78
5New York$141,320$67.94
6California$145,726$70.06
7Washington$136,584$65.67
8Arizona$128,075$61.57
9Nevada$128,842$61.94
10Wisconsin$127,255$61.18
11Virginia$136,888$65.81
12South Carolina$132,145$63.53
13Georgia$124,905$60.05
14Illinois$131,088$63.02
15Alaska$129,557$62.29
16Oregon$126,890$61.00
17North Carolina$130,788$62.88
18Massachusetts$131,422$63.18
19Michigan$122,905$59.09
20Arkansas$112,550$54.11
21Ohio$121,704$58.51
22New Mexico$119,221$57.32
23West Virginia$123,882$59.56
24Delaware$129,025$62.03
25Utah$118,159$56.81
26Connecticut$129,677$62.34
27Idaho$124,637$59.92
28District of Columbia$121,909$58.61
29Iowa$111,664$53.68
30Hawaii$124,678$59.94
31Florida$117,532$56.51
32North Dakota$112,415$54.05
33Mississippi$112,488$54.08
34Indiana$113,526$54.58
35Wyoming$104,034$50.02
36Maryland$125,879$60.52
37Vermont$113,807$54.71
38Tennessee$109,405$52.60
39Louisiana$107,151$51.51
40South Dakota$98,726$47.46
41Minnesota$100,200$48.17
42New Hampshire$115,901$55.72
43Maine$115,182$55.38
44Missouri$108,117$51.98
45Oklahoma$99,646$47.91
46Kentucky$104,575$50.28
47Alabama$100,856$48.49
48Montana$106,799$51.35
49Nebraska$96,794$46.54
50Kansas$99,110$47.65
51Colorado$101,133$48.62
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Highest paying cities for directors of new product development

The highest-paying cities for directors of new product development are San Francisco, CA, Middletown, NJ, and New York, NY.

RankCityAvg. salaryHourly rate
1San Francisco, CA$155,016$74.53
2Middletown, NJ$152,907$73.51
3New York, NY$142,070$68.30
4Horsham, PA$140,388$67.49
5Arlington, VA$138,418$66.55
6Seattle, WA$137,960$66.33
7Waltham, MA$131,568$63.25
8Charlotte, NC$129,386$62.20
9Atlanta, GA$125,123$60.16
10Lansing, MI$122,173$58.74
11Washington, DC$121,959$58.63
12Columbus, OH$121,259$58.30
13Orlando, FL$118,849$57.14
14Salt Lake City, UT$117,556$56.52
15Plymouth, MN$99,985$48.07

Director of new product development salary details

A director of new product development's salary ranges from $94,000 a year at the 10th percentile to $204,000 at the 90th percentile.

Average director of new product development salary graph
Average director of new product development salary graph, trends, and summary

What is a director of new product development's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$204,000$17,000$98
75th Percentile$170,000$14,167$82
Average$139,162$11,597$67
25th Percentile$113,000$9,417$54
10th Percentile$94,000$7,833$45

Highest paying director of new product development jobs

The highest paying types of directors of new product development are vice president, product management, vice president product development, and global director.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Product Management Director$156,724$13,060$75.35170,460
Global Director$157,749$13,146$75.8481,120
Group Director$149,193$12,433$71.7389,420
Product Manager$111,729$9,311$53.72125,678
Product Lead$118,828$9,902$57.1395,557
Development Manager$110,678$9,223$53.21111,137

Top companies hiring directors of new product development now:

  1. Myriad Genetics jobs (4)
  2. Microsoft jobs (4)
  3. JUUL jobs (4)
  4. Daiichi Sankyo jobs (3)
  5. Thomson Reuters jobs (4)

Which companies pay directors of new product development the most?

Director of new product development salaries at DoorDash and Myriad Genetics are the highest-paying according to our most recent salary estimates. In addition, the average director of new product development salary at companies like Novo Nordisk and Tapad are highly competitive.

RankCompanyAverage salaryHourly rate
1DoorDash$179,280$86.19
2Myriad Genetics$169,460$81.47
3Novo Nordisk$164,437$79.06
4Tapad$162,316$78.04
5Microsoft$159,777$76.82
6Edwards Lifesciences$159,508$76.69
7Sanofi US$159,272$76.57
8JUUL$157,745$75.84
9IPSCO Tubulars Inc$157,463$75.70
10Williams Sonoma$156,584$75.28
11Abbott$144,921$69.67
12Cytokinetics$143,874$69.17
13AT&T$140,530$67.56
14Battelle$139,699$67.16
15Techtronic Industries TTI$138,381$66.53
16OUC$135,244$65.02
17B. Braun Medical$134,561$64.69
18American Express$134,138$64.49
19Alere$133,325$64.10
20Avo Photonics$131,793$63.36

Wage gap by gender, race and education

$141,000$139,200$137,400$135,600$133,800$132,000
MaleFemale

Director Of New Product Development salary by industry

The average director of new product development salary varies across industries:

  • The average director of new product development salary in the media industry is $151,210, the highest of any industry.
  • The average director of new product development salary in the finance industry is $140,120.
  • Directors of new product development in the retail industry earn an average salary of $131,168, the lowest of any industry.

Highest paying industries for directors of new product development

RankIndustryAverage salaryHourly rate
1Media$151,210$72.70
2Manufacturing$140,120$67.37
3Technology$139,963$67.29
4Retail$131,168$63.06

High paying director of new product development jobs

Director of new product development salary trends

The average director of new product development salary has risen by $25,606 over the last ten years. In 2014, the average director of new product development earned $113,556 annually, but today, they earn $139,162 a year. That works out to a 8% change in pay for directors of new product development over the last decade.

Compare director of new product development salaries for cities or states with the national average over time.

Average director of new product development salary over time

Compare director of new product development salaries for individual cities or states with the national average.

Director of new product development salary by year

YearAvg. salaryHourly rate% Change
2025$139,000$66.91+3.7%
2024$134,000$64.40+1.9%
2023$131,000$63.20+1.5%
2022$129,000$62.23+0.8%
2021$128,000$61.73+1.9%

Recently added director of new product development salaries

CompanyJobLocationDate addedSalary
Athene HoldingDirector New Markets Product DevelopmentNew York, NY06/25/2025$174,534
DanaherDirector of New Product Introduction and Life Cycle ManagementNew York, NY06/21/2025$170,000
Maxar Technologies Ltd.Sales Director, New Products MEAHerndon, VA06/21/2025$153,000
Maxar Technologies Ltd.Sales Director, New ProductsWestminster, CO06/21/2025$153,000
Maxar IntelligenceSales Director, New Products MEAHerndon, VA06/20/2025$153,000
Takeda Pharmaceutical Company Ltd.Director, Oncology New Product Planning, Early Stage AssetsBoston, MA06/19/2025$174,500
Silgan ContainersDirector of New Product DevelopmentThomaston, CT06/17/2025$175,000
Neurocrine Biosciences Inc.Director, New Product CommercializationSan Diego, CA06/03/2025$186,600
Warner BrosDirector, Product Design-New ProductsNew York, NY05/27/2025$189,700
Terumo Medical CooperationDirector, New Product IntroductionElkton, MD05/22/2025$157,000

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