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The differences between vice presidents 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 vice president product development and a product management director. Additionally, a vice president product development has an average salary of $168,835, which is higher than the $156,724 average annual salary of a product management director.
The top three skills for a vice president product development include product development, R and analytics. The most important skills for a product management director are product management, product strategy, and cloud.
| Vice President Product Development | Product Management Director | |
| Yearly salary | $168,835 | $156,724 |
| Hourly rate | $81.17 | $75.35 |
| Growth rate | 10% | 10% |
| Number of jobs | 180,783 | 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 vice president for product development is responsible for leading the product development team in the execution of development activities to enhance the product's brand image in the market and achieve the sales performance target. Vice presidents for product development monitor the product development techniques from the conceptualization to the final execution and market release. They also handle the budget and resource allocation to support product development operations, ensuring that the outputs meet the quality standards and timetables.
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.
Vice presidents product development and product management directors have different pay scales, as shown below.
| Vice President Product Development | Product Management Director | |
| Average salary | $168,835 | $156,724 |
| Salary range | Between $109,000 And $259,000 | Between $112,000 And $219,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Meta | |
| Best paying industry | Technology | Technology |
There are a few differences between a vice president product development and a product management director in terms of educational background:
| Vice President 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 vice presidents product development' and product management directors' demographics:
| Vice President Product Development | Product Management Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 78.1% Female, 21.9% | 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% |