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How much do director of strategic development jobs pay per year?

As of Sep 9, 2026, the average yearly pay for director of strategic development in the United States is $134,553.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,000.00 and $183,500.00 per year, depending on experience, location, and employer.

What does a director of strategic development do?

A Director of Strategic Development is responsible for identifying and executing long-term growth opportunities for an organization. They analyze market trends, develop business strategies, and work closely with other executives to align the company's direction with its goals. Additionally, they may oversee partnerships, mergers, and acquisitions, as well as manage key projects that drive organizational success. Their role is vital in ensuring the company remains competitive and adapts to changing market conditions.

What are the key skills and qualifications needed to thrive as a director of strategic development?

To thrive as a Director of Strategic Development, you typically need a background in business administration or a related field, with strong analytical, leadership, and project management skills. Familiarity with strategic planning software, CRM systems, and advanced data analysis tools, as well as an MBA or similar advanced degree, is often required. Exceptional communication, negotiation, and stakeholder management abilities set top performers apart in this role. These competencies are vital for aligning organizational goals, driving growth initiatives, and ensuring the successful execution of long-term strategies.

How does a director of strategic development typically collaborate with other departments within an organization?

A Director of Strategic Development works closely with leaders across departments such as marketing, finance, operations, and product development to ensure alignment on organizational goals. This collaboration often involves leading cross-functional meetings, sharing market insights, and integrating feedback into strategic plans. The role requires strong communication and negotiation skills to balance diverse perspectives and drive consensus. By fostering interdepartmental partnerships, the Director ensures that strategic initiatives are executed effectively and organizational growth targets are met.

What is the difference between Director Of Strategic Development vs Business Development Manager?

AspectDirector Of Strategic DevelopmentBusiness Development Manager
Primary FocusLong-term strategic growth and partnershipsShort-term sales and client acquisition
ResponsibilitiesDeveloping strategic plans, identifying new markets, high-level partnershipsGenerating leads, closing deals, managing client relationships
Required CredentialsTypically a bachelor’s degree, often an MBA, with experience in strategy or managementBachelor’s degree, sales or marketing experience often preferred
Work EnvironmentCorporate offices, strategic planning sessionsClient meetings, sales presentations, networking events

The main difference between a Director Of Strategic Development and a Business Development Manager lies in their focus and scope. The director concentrates on long-term strategic initiatives and high-level partnerships, while the manager focuses on immediate sales and client relationships. Both roles require relevant experience and often similar educational backgrounds, but their objectives and daily activities differ significantly.

What cities are hiring for Director Of Strategic Development jobs?

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Infographic showing various Director Of Strategic Development job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 86% Physical, 3% Hybrid, and 11% Remote job distribution, with an average salary of $134,553 per year, or $64.7 per hour.

Director of Strategy & Development

Solon, OH • On-site

Full-time

Medical, Retirement

Re-posted 18 days ago


Swagelok rating

7.8

Company rating: 7.8 out of 10

Based on 62 frontline employees who took The Breakroom Quiz

155th of 547 rated manufacturers


Job description

Shift: 1st shift
City: Solon
Swagelok, Northeast Ohio, USA
Swagelok is a global organization and one of the largest employers of manufacturing talent in Northeast Ohio. We are driven by our core values of Quality, Integrity, Respect for the Individual, Customer Focus, Innovation, and Continuous Improvement, which are demonstrated through our daily actions. For 75 years, our dedication to our core values has been the foundation for our success. Our products have been up into space, down to the bottom of the ocean, and everywhere in between. That same dedication spans to our customers.
Throughout our organization we demonstrate a commitment to these values and those we bring onboard. Whether you want to grow in your role or explore broad opportunities and develop new skills-you'll thrive in a culture that promotes learning and development.
We strive to be a company where we all can do our best work with a true sense of purpose and belonging.
Be Connected. Be Valued. Be You.
We hope you'll consider joining our team.
Position Summary:
In collaboration with the Senior Leadership Team, this role spearheads the development and analysis of the company's long-term strategic objectives. As a key leadership position, it facilitates cross-functional team collaboration and supports executive leadership and stakeholders in crafting business strategies that encompass long-term goals, risk management, and business initiatives.
The Director of Strategy and Development reports directly to the Vice President of Marketing and is responsible for influencing the company's long-term strategic development plan.
Essential Duties & Responsibilities:
  • Research, develop, and present strategic options that extend beyond the current planning horizon
  • Provide insights in the development of long-term strategic insight (megatrends, SWOT, competitive threats, etc.) that inform with the company's long term strategic planning process
  • Conduct comprehensive market research and analysis to identify industry trends, competitive landscape, and growth opportunities.
  • Collaborate with senior management and various departments to evaluate and influence business plans and strategies.
  • Establish key performance indicators (KPIs) and metrics to monitor the effectiveness of strategic initiatives and make data-driven decisions.
  • Identify potential risks and develop mitigation strategies to ensure the company's strategic goals are achieved.
  • Foster a culture of continuous improvement by staying abreast of industry best practices and emerging trends.
  • Evaluate potential partnerships, acquisitions, or joint ventures to enhance business outcomes.

Education and/or Work Experience Requirements:
Education:
  • Bachelor's Degree: Business, finance, or engineering
  • Master's Degree: Master of Business Administration (MBA)

Experience:
  • 10+ years in a business leadership experience in an M&A, strategic planning, business development, product management, market management, or a related field.
  • Practical working experience influencing enterprise change, growth strategy implementation, strategic planning, and FP&A.
  • Experience identifying and partnering with suppliers, distributors, partner and/or customer relationship.
  • Experience delivering top and bottom line growth through P&L ownership
  • Experience in B2B industrial technologies

Skills:
  • Intellectually curious with a demonstrated interest in continued learning and facilitating strategic discussions.
  • Proven track record of working with multi-functional teams, showing strategic thinking, collaboration, and working well in a constantly evolving environment.
  • Open to change, results-oriented, self-motivated, and proactive, having exceptional problem-solving skills and agility in adapting to new challenges.
  • Proficiency in budgeting, financial statement, and financial analysis.
  • Work comfortably with all levels of leadership, demonstrating an ability to stay calm under stress and uncertainty, and facilitating effective communication.
  • Ability to see beyond the obvious to identify opportunities for improvement and foster a culture of continuous learning.
  • Ability to analyze financial information to understand the underlying business issues and identify areas requiring further investigation.

Working Conditions and/or Physical Requirements:
  • Working conditions associated with normal office environment.
  • Ability to operate standard office equipment (e.g., computer, telephone, copier, printer, etc.).
  • Ability to effectively communicate in both small and large groups and settings.
  • Ability to traverse between multiple locations in Ohio and Pennsylvania as needed.
  • Domestic and/or international travel is required. Minimum 25%
  • Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA and other federal, state, and local standards, including meeting qualitative and quantitative productivity standards.
  • Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state, and local standards.

Swagelok provides a comprehensive package of valuable benefits called Total Rewards focused on health and wellness, compensation, retirement planning, and supplemental rewards.
To apply:
1. Click 'Apply Now' to the role of interest, upload your resume and complete the application.
2. Those that match our qualifications will be contacted to schedule a phone interview.
Congratulations on taking the first step to Be Connected. Be Valued. Be You.
Swagelok is proud to be an Equal Opportunity and Affirmative Action Employer. Applicants are selected without regard to race, ethnicity, creed, color, religion, sex (including pregnancy), age, national origin or ancestry, disability, genetic information, veteran/military status, sexual orientation, gender identity, or other protected characteristic under federal, state or local law
Swagelok will make reasonable accommodations in compliance with the Americans with Disabilities Act of 1990,the Americans with Disabilities Act Amendments Act of 2008, and Ohio state law.
This job summary is intended to be brief and does not list all the duties for this position. Nothing in this job description should be construed as an express or implied contract of employment. Swagelok is an at-will employer, which means that either party is free to terminate the employment relationship at any time, without any advanced notice, for any reason or no reason.
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