Senior Vice President Business Development information
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$80.3K - $98.6K
7% of jobs
$117.9K is the 25th percentile. Wages below this are outliers.
$117K - $135.3K
16% of jobs
The median wage is $152.7K / yr.
$135.3K - $153.6K
11% of jobs
$153.6K - $171.9K
11% of jobs
$188.1K is the 75th percentile. Wages above this are outliers.
$171.9K - $190.2K
16% of jobs
$190.2K - $208.5K
13% of jobs
$208.5K - $226.9K
4% of jobs
$226.9K - $245.2K
3% of jobs
$245.2K - $263.5K
3% of jobs
How much do senior vice president business development jobs pay per year?
As of Sep 12, 2026, the average yearly pay for senior vice president business development in the United States is $160,591.00, according to ZipRecruiter salary data. Most workers in this role earn between $119,000.00 and $193,000.00 per year, depending on experience, location, and employer.
To thrive as a Senior Vice President of Business Development, you need deep expertise in sales strategy, market analysis, and partnership management, often supported by an advanced degree in business or a related field. Familiarity with CRM platforms, financial modeling tools, and data analytics systems is typically required. Exceptional leadership, negotiation, and relationship-building skills help drive team performance and cultivate strategic alliances. These competencies are crucial for identifying growth opportunities, driving revenue, and ensuring sustained organizational success.
A Senior Vice President of Business Development works closely with other C-suite executives, such as the CEO, CFO, and COO, to align business development strategies with the company’s overall goals. This often involves participating in executive meetings, sharing market insights, and coordinating on key initiatives like mergers, acquisitions, and partnerships. Regular collaboration ensures that growth opportunities are evaluated from multiple perspectives and that cross-functional teams are mobilized effectively. Open communication and strategic alignment with other leaders are essential to successfully executing large-scale business initiatives.
A senior vice president of business development is responsible for identifying growth opportunities, building strategic partnerships, and expanding the company's market presence. They develop and execute business strategies, oversee sales and marketing efforts, and often lead a team to achieve revenue targets. Strong leadership, negotiation skills, and industry knowledge are essential for this role.
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