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The average salary for a Vice President/Managing Director is approximately $223,090 per year. This figure can vary significantly based on several factors, including geographic location, industry, and years of experience. For instance, professionals in high-demand sectors such as technology or finance may command higher salaries. In addition, those with extensive experience typically earn more, reflecting their expertise and leadership capabilities.
In states like California and New York, salaries can reach upwards of $250,000, while regions with lower living costs may offer lower compensation. Understanding these variations can help job seekers target locations that maximize their earning potential.
Cities such as San Francisco, New York, and Seattle rank among the highest paying for Vice President/Managing Director roles. These metropolitan areas often provide a wealth of opportunities and competitive salaries.
By researching specific roles and salary expectations, candidates can make informed decisions about their career paths and pursue positions that offer both growth and financial rewards.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level vice president/managing director | $91,900 | $44.18 |
| Mid-level vice president/managing director | $142,000 | $68.23 |
| Senior-level vice president/managing director | $257,000 | $123.71 |
The highest-paying states for vice president/managing directors are Alaska, Wisconsin, and Washington. The lowest average vice president/managing director salary states are New Mexico, Mississippi, and Oklahoma.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | South Dakota | $210,827 | $101.36 |
| 2 | Alaska | $243,180 | $116.91 |
| 3 | Wisconsin | $221,729 | $106.60 |
| 4 | Washington | $213,319 | $102.56 |
| 5 | Rhode Island | $210,018 | $100.97 |
| 6 | New Jersey | $210,730 | $101.31 |
| 7 | New York | $210,456 | $101.18 |
| 8 | Colorado | $208,910 | $100.44 |
| 9 | North Carolina | $202,536 | $97.37 |
| 10 | Alabama | $195,584 | $94.03 |
| 11 | Illinois | $199,306 | $95.82 |
| 12 | District of Columbia | $208,919 | $100.44 |
| 13 | Pennsylvania | $199,994 | $96.15 |
| 14 | Texas | $196,190 | $94.32 |
| 15 | Massachusetts | $202,661 | $97.43 |
| 16 | Maine | $199,894 | $96.10 |
| 17 | Maryland | $213,166 | $102.48 |
| 18 | North Dakota | $198,900 | $95.63 |
| 19 | Missouri | $198,181 | $95.28 |
| 20 | Connecticut | $198,550 | $95.46 |
| 21 | Virginia | $200,137 | $96.22 |
| 22 | California | $199,702 | $96.01 |
| 23 | Delaware | $194,018 | $93.28 |
| 24 | Michigan | $197,926 | $95.16 |
| 25 | Minnesota | $195,186 | $93.84 |
| 26 | Tennessee | $190,745 | $91.70 |
| 27 | Ohio | $184,708 | $88.80 |
| 28 | Louisiana | $179,478 | $86.29 |
| 29 | Kansas | $183,421 | $88.18 |
| 30 | Nebraska | $186,729 | $89.77 |
| 31 | Iowa | $182,298 | $87.64 |
| 32 | Indiana | $182,226 | $87.61 |
| 33 | Nevada | $181,312 | $87.17 |
| 34 | West Virginia | $165,471 | $79.55 |
| 35 | Oregon | $181,091 | $87.06 |
| 36 | Utah | $178,283 | $85.71 |
| 37 | South Carolina | $171,704 | $82.55 |
| 38 | Georgia | $179,709 | $86.40 |
| 39 | New Mexico | $170,248 | $81.85 |
| 40 | Idaho | $182,024 | $87.51 |
| 41 | Arkansas | $172,566 | $82.96 |
| 42 | Oklahoma | $167,768 | $80.66 |
| 43 | Montana | $180,548 | $86.80 |
| 44 | Arizona | $171,179 | $82.30 |
| 45 | Wyoming | $174,544 | $83.92 |
| 46 | Hawaii | $182,755 | $87.86 |
| 47 | Florida | $164,788 | $79.22 |
| 48 | Vermont | $171,853 | $82.62 |
| 49 | New Hampshire | $174,972 | $84.12 |
| 50 | Mississippi | $169,955 | $81.71 |
| 51 | Kentucky | $145,103 | $69.76 |
The highest-paying cities for vice president/managing directors are Seattle, WA, Denver, CO, and Woodlawn, MD.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Seattle, WA | $279,742 | $134.49 |
| 2 | Denver, CO | $266,862 | $128.30 |
| 3 | Woodlawn, MD | $256,197 | $123.17 |
| 4 | Washington, DC | $246,772 | $118.64 |
| 5 | Harrison, NY | $243,266 | $116.95 |
| 6 | San Francisco, CA | $238,795 | $114.81 |
| 7 | Chicago, IL | $231,755 | $111.42 |
| 8 | Alexandria, VA | $229,403 | $110.29 |
| 9 | Dallas, TX | $229,210 | $110.20 |
| 10 | East Lansing, MI | $224,614 | $107.99 |
| 11 | Philadelphia, PA | $222,859 | $107.14 |
| 12 | Lynn, MA | $222,848 | $107.14 |
| 13 | Minneapolis, MN | $222,583 | $107.01 |
| 14 | Greenwich, CT | $216,734 | $104.20 |
| 15 | Wilmington, DE | $213,805 | $102.79 |
| 16 | Beaverton, OR | $203,136 | $97.66 |
| 17 | Cincinnati, OH | $201,452 | $96.85 |
| 18 | Evansville, IN | $197,962 | $95.17 |
| 19 | Salt Lake City, UT | $197,712 | $95.05 |
| 20 | Atlanta, GA | $196,033 | $94.25 |
A vice president/managing director's salary ranges from $138,000 a year at the 10th percentile to $358,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $358,000 | $29,833 | $172 |
| 75th Percentile | $286,000 | $23,833 | $138 |
| Average | $223,090 | $18,591 | $107 |
| 25th Percentile | $173,000 | $14,417 | $83 |
| 10th Percentile | $138,000 | $11,500 | $66 |
The highest paying types of vice president/managing directors are executive vice president, senior vice president, sales, and senior vice president.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Business Director | $124,563 | $10,380 | $59.89 | 137,880 |
| Operations Vice President | $163,076 | $13,590 | $78.40 | 147,465 |
| Managing Partner | $147,401 | $12,283 | $70.87 | 66,916 |
| Division Vice President | $158,729 | $13,227 | $76.31 | 68,176 |
| Regional Vice President | $146,694 | $12,224 | $70.53 | 58,213 |
| Division Director | $120,757 | $10,063 | $58.06 | 63,545 |
Top companies hiring vice president/managing directors now:
Vice president/managing director salaries at Horizon Media and Nike are the highest-paying according to our most recent salary estimates. In addition, the average vice president/managing director salary at companies like The Peoples Bank and Draftfcb are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Horizon Media | $260,920 | $125.44 |
| 2 | Nike | $255,577 | $122.87 |
| 3 | The Peoples Bank | $246,060 | $118.30 |
| 4 | Draftfcb | $244,328 | $117.47 |
| 5 | Eastern Bank | $241,190 | $115.96 |
| 6 | R/GA | $233,097 | $112.07 |
| 7 | VideoAmp | $232,587 | $111.82 |
| 8 | OneMain | $231,655 | $111.37 |
| 9 | EverCommerce | $229,825 | $110.49 |
| 10 | Merisant | $229,825 | $110.49 |
| 11 | *n/a* | $229,724 | $110.44 |
| 12 | Saatchi & Saatchi Advertising Worldwide Inc | $227,867 | $109.55 |
| 13 | BenefitMall | $221,451 | $106.47 |
| 14 | J.P. Morgan | $220,993 | $106.25 |
| 15 | Morgan Stanley | $220,207 | $105.87 |
| 16 | Goldman Sachs | $218,866 | $105.22 |
| 17 | Wasserman | $218,536 | $105.07 |
| 18 | Vixxo | $213,470 | $102.63 |
| 19 | Mathematica | $211,331 | $101.60 |
| 20 | AllianceBernstein | $210,871 | $101.38 |
The average vice president/managing director salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Media | $208,841 | $100.40 |
| 2 | Professional | $202,745 | $97.47 |
| 3 | Finance | $200,603 | $96.44 |
| 4 | Retail | $194,867 | $93.69 |
| 5 | Technology | $194,565 | $93.54 |
The average vice president/managing director salary has risen by $18,295 over the last ten years. In 2014, the average vice president/managing director earned $204,795 annually, but today, they earn $223,090 a year. That works out to a 4% change in pay for vice president/managing directors over the last decade.
Compare vice president/managing director salaries for cities or states with the national average over time.
Compare vice president/managing director salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $223,000 | $107.25 | +2.8% |
| 2024 | $217,000 | $104.28 | -0.1% |
| 2023 | $217,000 | $104.44 | +0.5% |
| 2022 | $216,000 | $103.90 | +1.1% |
| 2021 | $214,000 | $102.76 | +1.6% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Horizon Media | SVP, Managing Director | New York, NY | 06/27/2025 | $230,000 |
| Fidelity | VP, Managing Director, Tax-Exempt Market-Remote-West & Mountain West US | Pine, AZ | 06/26/2025 | $112,000 |
| Onemain Financial | VP/Managing Director-Credit & Pricing Technology | Wilmington, DE | 06/26/2025 | $180,000 |
| Onemain Financial | VP/Managing Director-Credit & Pricing Technology | Evansville, IN | 06/26/2025 | $180,000 |
| Onemain Financial | VP/Managing Director-Credit & Pricing Technology | Matthews, NC | 06/26/2025 | $180,000 |
| Onemain Financial | VP/Managing Director-Credit & Pricing Technology | Baltimore, MD | 06/26/2025 | $180,000 |
| Onemain Financial | VP/Managing Director-Credit & Pricing Technology | Irving, TX | 06/26/2025 | $180,000 |
| Farm Credit | Senior Vice President, Managing Director Agribusiness Lending | Merced, CA | 06/26/2025 | $60,000 |
| Bank of America | Global Markets Data Management-Vice President/Director | Charlotte, NY | 06/25/2025 | $110,000 |
| Credit Agricole | Vp/Director-Portfolio Management (PM) | New York, NY | 06/25/2025 | $180,000 |
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