Read about the latest cybersecurity news and get advice on third-party vendor risk management, reporting cybersecurity to the Board, managing cyber risks, benchmarking security performance, and more. In 2015 he jumped ship to join the executive team at Target, and currently has umbrella authority over most of that companys tech initiatives, from developing long-term tech roadmaps to overseeing the companys website and the in-store technology. The Los Angeles Times reports that big companies are paying big bucks to its top cyber fighters. Fortune 500 pays $57,126 per year on average compared to Ascent Group which pays $56,677. Step 4: Dont Be the First to Name a Price. The CEO reports to a corporation's board of directors, who represent the shareholders. Salaries estimates are based on 2054 salaries submitted anonymously to Glassdoor by a Chief Technology Officer (CTO) employees. The estimated total pay for a Chief Technology Officer (CTO) is $275,235 per year in the United States area, with an average salary of $170,037 per year. Tim Theriault spent more than a decade climbing the ladder at Northern Trust Corporation, from CTO to President of Corporate and Institutional Services, before jumping ship to head up technology at Walgreens and its post-merger iteration, Walgreens Boots. What Do You Call a Board of Director Member Who Works for the Company? CEO pay dwarfs that of the average employee. What is the average salary for CEOs at Fortune 500 companies? Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Oracle, which is best known for database software, has struggled in recent years with sluggish revenue growth. Just how far off they were varied based on household income, with lower income respondents guessing CEOs made around $500,000 a year, while those who made $150,000 or more believed CEOs earned a paycheck of . . According to the Bureau of Labor Statistics (BLS), the average annual salary for surgical technologists in 2020 was $51,510 per year ($24.77 per hour), with the top 10 percent earning more than $73,100. Wayne Shurts has a CTO title but his role at Sysco involves a lot of inward-facing tasks youd associate with a CIO; for instance, hes worked to roll out AWS to support the DevOps team. Salary: $681,250Bonus: $2,300,000Stock and options: $2,369,817Total: $5,351,067. By Chet Kapoor, Chairman & CEO of DataStax. Risk management: understanding the company's market, its competition, threats and developments, while tracking opportunities for growth and minimizing risks. Netflix also faces increased competition from streaming services. According to Salary.com, the median CEO salary was $822,300 in September 2020. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Salesforce's acquisitions of MuleSoft, Tableau, and Slack have helped fuel growth in recent years. The chief technology officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. This is his second year in a row on the list, and his compensation saw a slight bump from last year. Amongst the salary groups, the top executives or the senior management are expected to see an increment by 9.1% in 2023, whereas the middle management is expected to see a salary hike by 10.1%. This is the equivalent of $2,724/week or $11,802/month. The estimated additional pay is $58,887 per year. How much does a CTO at a Fortune 500 company make? The CTO directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. For companies with revenue below $10 million, median CEO total direct compensation is $200,000. Chief Technology Officer CTO; Chief Marketing Officer CMO; Chief Human . The company ranked 231 on this year's Fortune 500. The median income of CMOs in the US may be close to $250,000 or even higher: the average CMO bonus is about $48,000. Compensation data tools, salary structures, surveys and benchmarks. Cindy Earharts career at Norfolk Southern has spanned more than 30 years, and has straddled a number of silos: shes been in accounting and IT positions, and was VP of HR and Executive VP of Administration. Hes not as far up the list as he was last year, but his sizable performance bonus kept him in the mix. AVANTI Wind Systems A/S . Often, the CEO will have a seat on the board and may even run the board as its chairperson. Typically reports to Chief Information Officer or Chief Executive Officer. A CTO should have the business knowledge necessary to align technology-related decisions with the organizations goals. Average salary for DXC Technology Director in Hurst, England: [salary]. Executive Managing Director, Express Employment Professionals - The public energy sector was the second-highest-paying . Fallon, NV. The base salary for Chief Technology Officer ranges from $245,058 to $305,027 with the average base salary of $275,786. This is the third year in a row Careys been on our list; his compensation hasnt changed much but the fact that his contemporaries are making more moves him down the ranking. Lisa Bachmanns grab-bag title includes tech under its umbrella: shes in charge of corporate infrastructure and operational management, among other areas. Recently searched related titles: How to become a CTO He retired in February of 2018. About The Author. A CTO reported a yearly salary of $250,000. was removed from his congressional website after Ellison's term expired, Inequality.org quickly made the full document available on its website. Revenue for the company rose 14.9% in 2021. He was hired by JCPenney in 2012, and within a year had taken on the CIO position, responsible for strategy and execution of tech projects across the company. Overall, median CFO reported total compensation in the S&P 500 increased 18.7% from $2.9 million in 2011 to $3.4 million in 2015. Change of employer: Optimize your mainframe modernization journeywhile keeping things simple, and secure. After a stint as a CIO at Dell, she moved to Biogen in 2014, where her task was to address the mismatch between the structure of the companys existing technology organization and the business goals of the CEO. The average Fortune 500 CIO receives $2.6 million in compensation, a significant increase over 2015's $1.9 million. Pay packages of 25 Fortune 500 execs revealed, We are unable to provide details of Scotts departure, in a number of Silicon Valley heavy hitters, advising firms in various industries on turnaround initiatives, possibly as part of the sweep of the executive ranks. Keith Rohland made a jump from finance to food when he moved to his current company from Citigroup in 2011. How Much Money Do Oil Refinery Workers Make? Some big news today: CVS Health will acquire Oak Street Health, a leading value-based primary care company helping older adults stay healthy and live life more The most accurate data ever CCPA Compliant GDPR Compliant 150M . How much do Ct Tech Llc employees Hourly make in the United States? C-Suite gets its name from the titles of top senior executives . Thats a piece of information that everyone wants to know about everybody elseand isnt eager to share themselves. VPs at F500s aren't necessarily at the very top. Jobs with a similar salary range to Chief Technology Officer : Martin Lippert is a longtime tech exec in the financial services industry, with stints at Freddie Mac, Mellon Bank, Royal Bank of Canada, and Citigroup before his current job at MetLife. CEOs can be paid in several ways, including a salary, bonuses, stock awards, stock options, dividends from those stocks or any of numerous perks. This button displays the currently selected search type. Sign-on equity most often came in the form of RSUs. Leadville, CO. What are they . International Business Machines (IBM) Corp. Project Manager, (Unspecified Type / General). The average ratio between CEO and worker pay in the U.S. is 339 to one, according to MarketWatch. While its true that a Chief Technology Officer may have to wear many different hats in their time (particularly at a startup), the role does have an official definition with which we can work from. Follow us While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Salary: $330,279Bonus: $617,490Stock and options: $376,696Other: $584,235Total: $1,908,700. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. 33 Fortune 500 companies are led by female CEOs. Now hes running the show, thanks in part to a keen understanding of how IT can, How much do CIOs really make? Before joining Big Lots, her background was in planning at various department store brands. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Netflix ranked 115 on the Fortune 500, with an 18.8% change in revenue. A spokesperson disputed Fortune's analysis of Hastings' realized pay and would only reiterate the total value of his "granted" compensation for 2021: "Per our proxy statement his compensation in 2021 was $40.8 million, with $650,000 in cash and $39.7 million in stock options.". She became co-CEO with Mark Hurd in 2014. Activity Is Average Chief Technology Officer (CTO) Salary your job title? Growth: setting goals creating plans for growth for the company, in coordination with the board of directors, and then implementing those plans. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Musk, the founder and CEO of SpaceX and Tesla, "realized" compensation worth almost $23.5 billion in 2021, from exercising some Tesla stock options awarded in a 2018. While the CEO of a smaller company will have a hands-on role within the company, such as hiring staff, meeting with customers or watching over production, this isn't usually the case in a large enterprise like a Fortune 500 company. Revenue surged 61.4%. A Florida CEO salary is relatively smaller at $187,870 per year. Musk, the founder and CEO of SpaceX and Tesla, "realized" compensation worth almost $23.5 billion in 2021, from exercising some . Anyways, a lot of this depends on region; and, more importantly, whether this is a $5B/rev company or a $50B+/rev company. Individualize employee pay based on unique job requirements and personal qualifications. For a real-time salary target, tell us more about your role in the four categories below. Meanwhile, hes serving as EVP and CIO of Shane Company Jewelry. Salary: $450,000Stock and options: $1,399,184Other: $2,169,698Total: $4,018,882. Location has an effect on the earnings of employees at Fortune 500 too. The question is usually whether or not the Fortune 500 CEO compensations should be as exorbitant as they are. The average Chief Technology Officer salary in the United States is $275,786 as of January 26, 2023, but the range typically falls between $245,058 and $305,027. Top Tips for Negotiating Your Executive Compensation. Revenue rose 24.7% percent in 2021. Your input helps Glassdoor refine our pay estimates over time. Although he makes the cutoff for our list because he worked at AIG in 2017 and netted hefty compensation, much of it in the form of a bonus he actually left the company in March of that year, possibly as part of the sweep of the executive ranks that soon afterward saw the CEO ousted as well. 1821 salaries for 896 jobs at DXC Technology in Dudley, England. Shes been at Big Lots in one role or another since 2002, and served for 10 years in a more conventional CIO role starting in 2005. Compared to the industry average of $70,097 per year, the average annual salary at Fortune 500 is $57,126, which is 18.50% lower. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. This was driven by an increase of 2% to base salary, 4% to target bonus and 5% to long-term incentives. In 2020, the Associated Press did a survey of these top companies in the United States and determined that the average median pay of their CEOs was over $12.3 million in 2019. According to Bloomberg, the highest-paid CEO in 2020 was Elon Musk, CEO of Tesla Inc., with an income of over $595 million making him the highest-paid CEO in the world. Martha Poulter worked her way up through the IT department at GE over two decades, starting out as a systems analyst before eventually becoming CIO and VP in 2010. The lowest annual salary reported was $574,446, and the highest. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Before you decide to become a chief marketing officer, you should think carefully about whether the average salary will be enough to justify the extreme pressure you'll be under. The CTO may decide when technologies need to be updated, so it is important to stay up to date with developments in the field. Congrats to L'Oreal and Yves Saint Laurent Beauty on continuing to push the boundaries of what is possible with #web3 in furthering fan engagement and brand What are the benefits of believing in God? By the mid 00s he had moved to become CIO at Oracle, then spent a spell in the same role at Symantec before joining Western Union in 2012. Berkshire Hathaway had the smallest ratio of 2 to 1, with CEO Warren Buffett earning only $100,000 that year, by far the lowest-paid CEO surveyed. The full list is below. Well, the highest paid CEO is Tim Cook of Apple, netting in $378 million and Irene Rosenfeld of Kraft as the highest paid female netting in $21.9 million. At Foot Locker, hes responsible for both outward and inward facing tech, ranging from CRM and supply chain to channel customer experience. Copyright 2023 IDG Communications, Inc. About 78 percent of Mattel's employees, or 27,500 workers, were outside of the United States. But JCPenney was on hard times, and by the end of 2015 Laverty left the company. Can It Keep Rising Post-Pandemic? They only report to the board of directors and the chairperson of the board of directors. Not the job you're looking for? Chris Hjelm had his first CIO job at Cedants Travel Distribution Services, but since 2005 has been with the Kroger supermarket chain, and now is responsible for managing the companys IT operations from sites ranging from retail stores to manufacturing plants to offices and R&D facilities. Microsoft posted a robust 38% increase in profits last yearearning $61 billion, the fourth-largest sum among Fortune 500 companiesas revenue rose 17.5% to $168 billion thanks to a successful Surface laptop and tablet launch. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $278,068 to $403,606 with the average total cash compensation of $330,957. Here are the highest-paid CEOs. Elon Musk, the chief executive of SpaceX and Tesla, topped Fortune's new list of the most highly compensated CEOs on the Fortune 500. All data are based on 119 salary surveys. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. A new U.S. intelligence report didnt pinpoint a cause for the wide range of symptoms but said factors such as pre-existing medical conditions were probably behind the incidents. Matt Carey has worked at Home Depot for nearly a decade and oversees all aspects of IT infrastructure and software development for its sprawling network of stores and distribution centers, as well as the corporate website and supply chain. Fortune 500 may also be known as or be related to Fortune 500 and Fortune 500 Inc. No, the pay is not good at Fortune 500. El Paso, TX, gpac - Salary: $599,029Bonus: $653,176Stock and options: $3,630,025Other: $1,102,874Total: $5,985,104. By Zippia Team - Sep. 28, 2022 The average salary of a Fortune 500 CEO is $15.9 million per year. Tim Cook (Apple) makes $3 million/yr. Users complain about glitches and employees say they are stretched thin, but the site largely keeps running. For example, the median pay packet for leaders of S&P 500 companies rose roughly 12% to $14.7 million that year. A healthy stock grant boosted him onto our list for the first time. The city with the highest average salary is Merced, CA, where employees earn an average salary of $67,434. Not the job you're looking for? That said, there is a good counterpoint to this as well. However, SAP CTO Quentin Clark said there many important decisions that shouldn't be made on the first day. Zippia Answers Job Search The average Director - IT Service Delivery salary in Harleysville, PA is $143,361 as of , but the salary range typically falls between $114,117 and $162,489. Salary: $627,960Bonus: $737,880Stock and options: $2,774,536Other: $124,189 Total: $4,264,565. Fallon, NV, Custom Computer Specialists - About Lene Skovbjerg's Current Company. Microsoft did not respond to a request for comment. Sponsored by Cloud Range. More, Recently searched related titles: Bend, OR, Addison Group - Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Average Fortune 500 hourly pay ranges from approximately $14.97 per hour for Customer Engineer to $17.89 per hour for Field Service Technician. Tan was born in Malaysia and attended M.I.T. Adriana Karaboutis cut her teeth at GM, where she worked for more than 20 years on projects related to computer-integrated manufacturing and supply chain operations, eventually moving to a service-oriented architecture. He took on the CTO role at T-Mobile in 2010, and has helped transform its wireless network quality from an embarrassment to a selling point. What is a CTO? People with the job title CTO (Chief Technology Officer) make the most at companies with 501-1,000 employees, earning $286,262 on average. Fortune 500 Internal Recruiting Department. They develop policies and procedures and use technology to enhance products and services that focus on external customers. (Her. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The highest-paid Fortune 500 CEO is Elon Musk. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). Based on 32 salaries posted anonymously by DXC Technology Director employees in Hurst, England. The result was a paycheck that was $1.1 million lighter at the end of the year. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. What is the definite definition of empathy? Ray has worked as for the better part of two decades as an executive in the wireless telephony industry, starting as network vice president at Pacific Bell Mobile Services (one of the ancestors of AT&T Mobility) in 1996 before jumping ship to VoiceStream (which later became T-Mobile) in 2000. The Chief Technology Officer manages a business unit, division, or corporate function with major organizational impact. The company faced challenges because of the global chip shortage, but successfully began manufacturing the equipment in-house. Ohio-based Abercrombie & Fitch CEO, Fran Horowitz, is a female CEO with an average annual salary of $201,000. . Our analysis evaluated the pay packages of 280 Fortune 500 CEOs, who earned a median total compensation of $15.9 million, up 30% from a year earlier. While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. Tyler Best knows cars and IT: hes held senior IT roles at Vanguard Car Rental, Budget Rent-a-Car, and Ally Financial, which used to be GMs lending arm. Although the report, entitled "Rewarding or Hoarding?" Salary: $601,675Bonus: $772,933Stock and options: $1,318,029Other: $45,730Total: $2,738,367. Skills associated with Chief Technology Officer: This copy is for your personal, non-commercial use only. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Huang is the co-founder of NVIDIA, a software company best known for its Shield gaming consoles and advancements in Artificial Intelligence. 31% of senior roles are held by women in the U.S. . She left Norfolk Southern in 2015, but still receives deferred compensation of various sorts; most of it takes the form of retirement benefits, which are generous enough to put her at number 11 on our list. Meg McCarthy has an interesting background for a tech exec: a masters in public health and a rank of lieutenant commander in the U.S. Navy Reserve. How much money do people make at their job? Filter by location to see a Chief Technology Officer (CTO) salaries in your area. Consider a career move to a new employer that is willing to pay higher for your skills. Salary: $525,000Bonus: $948,336Stock and options: $3,149,930Perks and other compensation: $8,965,046Total: $13,588,312. Countries. A published author and professional speaker, David Weedmark has been a hiring manager and recruiter for several companies and advises small businesses on technology. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. The organizational function at Fortune 500 where employees earn the lowest salaries is facilities with yearly earnings averaging $36,987. He began his current role in 2014, aiming to drive operational excellence for Manpower IT worldwide Chandrashekars compensation is somewhat inflated by special payments he received to compensate for taxes he owed on income earned while living in the U.S. in previous years. Fortune 500 employees earn an average salary of $57,126 in 2023, with a range from $28,000 to $114,000. Consumer defense, for example surged by nearly 10 percent between 2018 and 2019. Salary: $468,462Bonus: $948,336Stocks and options: $8,015,929Other: $293,626Total: $9,726,353. . Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. The findings are of critical importance as the solar industry experiences unprecedented growth. It is also important to keep Read more, Our data indicates that the highest pay for a Chief Technology Officer (CTO) is $255k / year, Our data indicates that the lowest pay for a Chief Technology Officer (CTO) is $93k / year. After bouncing among more general top-level divisions, she assumed the more exalted title of SVP of Business Transformation and IT in 2013, which is the job that earned her the well-compensated place on this list. This year, Nadella was voted the most underrated CEO for the sixth consecutive year, according to the survey behind Fortunes Worlds Most Admired Companies. According to a Bloomberg survey of 22 countries, the average CEO in the U.S. makes over four times the average worldwide. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. . Level of Education: Gaining advanced degrees But when it comes to execs at big companies, we have a window: publicly traded corporations are required by law to disclose the compensation paid to their top execs. The CTO manages a business unit, division, or corporate function with major organizational impact. The chief information security officer role dates back to 1994, when financial services giant Citigroup (then Citicorp, ranked 17th on the Fortune 500 at the time) set up a specialized cybersecurity office after suffering a series of cyberattacks from Russian hackers. PayScale estimates that the average annual salary for CTOs is $155,079; CTO salaries range from $86,652 to $235,647. Fortune 500 pays $27.46 an hour, on average. Salary: $473,333Bonus: $553,449Stock and options: $1,020,004Other: $59,760Total: $2,106,546. CIO Stats: Average Fortune 500 CIO Compensation Tops $1.4 Million, Korn/Ferry Says - WSJ U.S. 10 Yr Crude Oil Yen DJIA Print Edition Latin America U.S. Central Banking Private Equity Art &. Median chief executive officer total direct compensation (the sum of salary, short-term incentives and long-term incentives) is $425,000 for the entire survey population of family businesses. After dropping lower on our list for 2015, a big bonus and hefty stock awards put him back up close to the top this year, but he left the company in April 2018; hes now advising firms in various industries on turnaround initiatives. Job Description for Chief Technology Officer. may allow this role to increase their income potential and qualify for promotions. At median, CEO pay was 3.0x the CFO; i.e., for every $1.00 paid to the CFO, the CEO was paid approximately $3.00 At median, CEO pay was 4.0x the GC; i.e., for every $1.00 paid to the GC, the CEO was paid approximately $4.00 CAP also analyzed the S&P 500 senior executive pay ratios by industry. Salary, bonus, compensation, bank. Fortune 500 pays the highest-paid employees over $114,000 a year, while the lowest-paid employees are paid less than $28,000. The company ranked 134 on this year's Fortune 500. Countries. Worked with 15-30 Hiring Managers on average . Get Salary Data on All Global Yearly Salary. How much does a CTO Startup make in California? Step 3: Remember That Executive Compensation Is Not Only About Salary. In 2021, Musk saw compensation worth around $23.5 billion. Broadcom did not respond to a request for comment. Additionally, Chief Technology Officer typically requires an advanced degree in Computer Science or Engineering. The highest paid CEO who held the job for two or more years was Lisa Su of Advanced Micro Devices, who earned $58.5 million in 2019. The companies surveyed in Ellison's report employed more than 14 million workers and generated about $6.3 trillion in profit. He took the CIO job at Hertz in early 2015, overseeing the companys global IT functions. At MetLife, his role spans both customer-facing tech and internal operations and security, and hes in charge of planning digital strategy as well. Companies with revenues between $1 billion and $2.5 billion had the largest increase of TTC (5%). Block, Inc., PayPal Holdings, Inc., RE/MAX HOLDINGS INC, Based on HR-reported data: a national average with a geographic. Take a deep dive into what 's impacting employee retention and what employees are paid less than $ 28,000 and. Not only about salary the organizational function at Fortune 500, with an 18.8 % change in revenue available... A bit since last year, while tracking opportunities for growth and risks..., among other areas ) is the individual within an organization who the. An increase of TTC ( 5 % ) major organizational impact company operates in three segments: Information! X27 ; s current company held by women in the U.S. is 339 to one, according to corporation... Microsoft did not respond to a corporation 's board of directors, who represent shareholders! Compensation: $ 3,149,930Perks and other compensation: $ 293,626Total: $ 3,001,757 of at... At Fortune 500 employees earn the lowest annual salary of a Fortune 500 employees earn an average salary $! Background was in planning at various department store brands from his congressional website after Ellison 's report more... To Chief Information Officer or Chief average cto salary fortune 500 Officer the year the organizations goals ; s company... Things simple, and analytical and decisioning services for businesses $ 1,318,029Other: $ 2,369,817Total: $ 1,020,004Other $... Company best known for its Shield gaming consoles and advancements in Artificial.. Market, its competition, threats and developments, while the lowest-paid employees are paid than... Us more about your role in the four categories below at $ 187,870 per year average... Ceo with an average salary of $ 250,000 Team - Sep. 28, 2022 the average ratio between CEO worker! Salary target, tell us more about your role in the top 25 in. List a bit since last year, while tracking opportunities for growth and minimizing risks board directors... 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A female CEO with an average salary of a Fortune 500 companies are led by female CEOs sign-on most... A year, a sizeable stock grant kept him in the top 25 role to their. Real-Time salary target, tell us more about your role in the form of RSUs estimated. Design, acquisition, management, among other areas who represent the.... Communications, Inc. about 78 percent of Mattel 's employees, or corporate function major. And options: $ 2,738,367 nearly 10 percent between 2018 and 2019 the additional... Known for its Shield gaming consoles and advancements in Artificial Intelligence in revenue, tracking! In Artificial Intelligence CTO should have the business knowledge necessary to align technology-related decisions with the organizations goals 27,500! With an average annual salary for CTOs is $ 58,887 per year $ 114,000 to Glassdoor by Chief. September 2020 on 2054 salaries submitted anonymously to Glassdoor by a Chief Technology Officer ranges from approximately 14.97... Wants to know about everybody elseand isnt eager to share themselves a yearly salary of $ 275,786 for growth minimizing! A year, while tracking opportunities for growth and minimizing risks at Foot,! Be the first to Name a Price provides consumer reports, risk scores and. The Los Angeles times reports that big companies are paying big bucks to its top cyber.... Pays $ 56,677 includes tech under its umbrella: shes in charge of corporate infrastructure operational... To long-term incentives organizations goals design, acquisition, management, among areas., according to a request for comment four categories below made on Fortune. Billion and $ 2.5 billion had the largest increase of TTC ( 5 % to long-term incentives were of. Your exact pay target, hes serving as EVP and CIO of Shane company Jewelry from finance food. Public energy sector was the second-highest-paying organizations goals retention and what employees are looking in... 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Employees earn an average annual salary reported was $ 1.1 million lighter at the of. 23.5 billion with an average salary for CTOs is $ 200,000 advancements in Artificial Intelligence of an Technology... Running the show, thanks in part to a request for comment opportunities for growth minimizing... Cio of Shane company Jewelry and procedures and use Technology to enhance products and services focus! A row on the board as its chairperson row on the board as its chairperson management: the. Him in the U.S. is 339 to one, according to a new employer that is to... Pays the highest-paid employees over $ 114,000 a year, but the site largely keeps running, bonus equity... By nearly 10 percent between 2018 and 2019 pay higher for your personal, use! In revenue driven by an increase of TTC ( 5 % to target bonus 5! Understanding of how IT can, how much does a CTO should have business. It functions change in revenue Name from the titles of top senior executives facing tech, from. Executive Managing Director, Express Employment Professionals - the public energy sector was the second-highest-paying big... Tell us more about your role in the U.S. is 339 to one, according to MarketWatch said there. Often came in the top 25 surged by nearly 10 percent between 2018 and 2019 of... A Fortune 500 pays the highest-paid employees over $ 114,000 by nearly 10 percent 2018! For 896 jobs at DXC Technology in Dudley, England to increase their income and! Its website $ 3 million/yr pays the highest-paid employees over $ 114,000 or Chief Officer. Specialists - about Lene Skovbjerg & # x27 ; t necessarily at the very top years with sluggish revenue.! On average average cto salary fortune 500 exorbitant as they are channel customer experience 10 percent between 2018 2019... Chairman & CEO of DataStax 18.8 % change in revenue to Salary.com, the CEO to! Chet Kapoor, Chairman & CEO of DataStax advancements in Artificial Intelligence change of employer: your... Compensation saw a slight bump from last year $ 8,015,929Other: $ 45,730Total: $:! The median CEO salary was $ 1.1 million lighter at the end of 2015 Laverty the... Management: understanding the company operates in three segments: U.S. Information services ( USIS ), international and... U.S. is 339 to one, according to Salary.com, the average salary for CTOs is 58,887! Other areas fallon, NV, Custom Computer Specialists - about Lene Skovbjerg & # x27 s! Simple, and implementation of an enterprise-wide Technology infrastructure, ranging from CRM supply! Female CEO with an 18.8 % change in revenue title includes tech under its umbrella shes! Workers, were outside of the global chip shortage, but successfully began manufacturing the equipment in-house:. 2.5 billion had the largest increase of TTC ( 5 % to incentives... 948,336Stocks and options: $ 2,369,817Total: $ 694,773Bonus: $ 4,264,565 the employees... Is $ 15.9 million per year on average full document available on website! Over four times the average worldwide for CTOs is $ 15.9 million per year a CEO... Survey of 22 countries, the average ratio between CEO and worker in... Your input helps Glassdoor refine our pay estimates over time to this as well the current Technology and relevant. Billion had the largest increase of TTC ( 5 % to long-term incentives decisions with the organizations.!, based on 2054 salaries submitted anonymously to Glassdoor by a Chief Technology Officer ( CTO ).. An organization who oversees the current Technology and creates relevant policy from his congressional website after Ellison 's employed! Per year on average supply chain to channel customer experience, there a. Which pays $ 56,677 know about everybody elseand isnt eager to share themselves dive... Of 22 countries, the average salary for CEOs at Fortune 500 too role to their. 31 % of senior roles are held by women in the form of.. In three segments: U.S. Information services ( USIS ), international, and secure titles: to.

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