Average Experienced Vice President (VP) of Product Development with Strategic Project Management Skills Salary in Chicago, Illinois

$120,000
Avg. Base Salary (USD)
25%
$83k
MEDIAN
$120k
75%
$157k

The average salary for a Vice President (VP) of Product Development is $120,000 in 2025

Base Salary
$83k - $157k
Bonus
$11k - $60k
Total Pay
$91k - $197k
Is Average Experienced Vice President (VP) of Product Development with Strategic Project Management Skills Salary in Chicago, Illinois your job title? Find out what you should be paid
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What Do Vice President (VP) of Product Developments Do?

Vice President (VP) of Product Development Tasks
  • Lead product development and production teams from initial inception to final product.
  • Guide product placement and pricing strategies.
  • Ensure that products meet the brand standards as well as consumer needs.
  • Conduct technical, competitive, and trend analysis to identify and evaluate potential products.
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FAQs About Vice President (VP) of Product Developments

What is the highest pay for Vice President (VP) of Product Developments in Chicago?

Our data indicates that the highest pay for a Vice President (VP) of Product Development in Chicago is $NaN / year

What is the lowest pay for Vice President (VP) of Product Developments in Chicago?

Our data indicates that the lowest pay for a Vice President (VP) of Product Development in Chicago is $NaN / year

How can Vice President (VP) of Product Developments increase their salary?

Increasing your pay as a Vice President (VP) of Product Development is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Vice President (VP) of Product Development that oversees more junior Vice President (VP) of Product Developments, this experience can increase the likelihood to earn more.