Bend, OR, Addison Group - Meanwhile, hes serving as EVP and CIO of Shane Company Jewelry. The average big-company CEO made 351 times the pay of the average worker on a realized basis in 2020, according to the Economic Policy Institute (EPI), which has tracked the metric for decades, up from a 21-to-1 ratio back in 1965. Fallon, NV. Show more. 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. Fortune 500 employees earn an average salary of $57,126 in 2023, with a range from $28,000 to $114,000. Women receive a salary of $66,900 USD. Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. They develop policies and procedures and use technology to enhance products and services that focus on external customers. The highest-paid Fortune 500 CEO is Elon Musk. By Chet Kapoor, Chairman & CEO of DataStax. What are they . How much does a CTO make in the United States? 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. This copy is for your personal, non-commercial use only. our Subscriber Agreement and by copyright law. Of the five CEOs who had the worst returns, four of them made less than the median value of $12.4 million, while one remaining CEO took home slightly more. A Florida CEO salary is relatively smaller at $187,870 per year. Compensation for CEOs and other C-level executives varies from one business sector to another. C-Suite, or C-Level, is a widely-used slang term used to collectively refer to a corporation's most important senior executives. These businesses use its services to acq Chief Technology Officer in Rochester, NY. Fortune 500 employees in different sectors tend to have different salaries as well. 2011 Fortune 500. 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. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $278,100 to $403,700 with the average total cash compensation of $331,000. The Los Angeles Times reports that big companies are paying big bucks to its top cyber fighters. Lene Skovbjerg's Estimated Salary Range. Which is the best study material for FRM? The base salary for Chief Technology Officer ranges from $245,058 to $305,027 with the average base salary of $275,786. How to become a CTO In 2014, he jumped ship to AIG to take on the same title in a role that was newly created within that company. Ct Tech Llc pays an average hourly rate of $1,669 and hourly wages range from a low of $1,451 to a high of $1,916. Step 3: Earn a Masters Degree (Optional). Compensation data tools, salary structures, surveys and benchmarks. Poulters stay at Starwood was relatively briefin January of 2018 she jumped ship (pun intended) to become CIO at Royal Caribbean Cruisesbut was lucrative, as her place on our list attests. This is the second year in a row hes been on our list, and a boost in his bonus means a better showing overall. Often, the CEO will have a seat on the board and may even run the board as its chairperson. Salary: $568,035Bonus: $500,000Stock and options: $1,400,088Other: $101,760Total: $2,569,883. The average CTO (Chief Technology Officer) salary for women is $260,000 and the average CTO (Chief Technology Officer) salary for men is $231,500. Your input helps Glassdoor refine our pay estimates over time. Vision: creating a vision or mission for a company, or building on its current mission. Change of employer: The estimated total pay for a Chief Technology Officer (CTO) is $275,291 per year in the United States area, with an average salary of $170,011 per year. 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. In her current role, shes in charge not just of IT but also global security, travel, and real estate services. An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $121,686 Read more. Salary: $468,462Bonus: $948,336Stocks and options: $8,015,929Other: $293,626Total: $9,726,353. C-Suite gets its name from the titles of top senior executives . They only report to the board of directors and the chairperson of the board of directors. That wasby farthe biggest CEO payday in 2021, according to our new analysis of how Fortune 500 CEOs are compensated. 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. 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 estimated total pay for a CTO is $259,880 per year in the United States area, with an average salary of $164,312 per year. Skills associated with Chief Technology Officer: But JCPenney was on hard times, and by the end of 2015 Laverty left the company. Hastings is the co-founder, CEO, and chairman of the streaming giant. International Business Machines (IBM) Corp. Project Manager, (Unspecified Type / General). average cto salary fortune 500 (719) 280-0021. El Paso, TX, gpac - Risk management: understanding the company's market, its competition, threats and developments, while tracking opportunities for growth and minimizing risks. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In NYC from anonymous CTO (Chief Technology Officer) employees in New York. Ohio-based Abercrombie & Fitch CEO, Fran Horowitz, is a female CEO with an average annual salary of $201,000. The gaming giant, best known for games like Call of Duty and World of Warcraft, ranked 396 on this year's Fortune 500. 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. Revenue rose 24.7% percent in 2021. The most accurate data ever CCPA Compliant GDPR Compliant 150M . These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of CTO in the United States. Being a Chief Technology Officer monitors and analyzes technology and trends that could improve the company's products and performance. She reached the EVP level in 2007, but like several other entrants in this list, she manages to be one of the top paid tech executives despite having retired several years ago. Managing Experience: If you are a Chief Technology Officer (CTO) Catz was a banker before she joined Oracle as a Senior Vice President in 1999. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. AP News: CEO Pay Has Topped $12.3m. Salary.com also found that when it comes to salary percentage increases, the. This includes the aforementioned A. Jayson Adair, who raked in only $203,000 in 2018. Nadella has headed that list since 2017. Location has an effect on the earnings of employees at Fortune 500 too. 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. He has been CEO of Broadcom since Avago's $37 billion acquisition of the semiconductor company in 2015. The lowest salary for a Chief Technology Officer (CTO) in United States is $98,606 per year. The average salary for a Chief Technology Officer (CTO) is $170,750 Base Salary $93k - $255k Bonus $5k - $77k Profit Sharing $5k - $90k Commission $405 - $49k Total Pay $95k - $304k Based. In 2021, Musk "realized" compensation worth almost $23.5 billion, from exercising some Tesla stock options awarded in a 2018 multiyear moonshot grant. Search more salaries here: CTO Salaries with a High School Diploma or Technical Certificate, CTO Salaries with a Master's Degree or MBA, CTO Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. Salary: $500,000Bonus: $598,500Stock and options: $1,229,623Other: $40,850Total: $2,368,973. 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. At MetLife, his role spans both customer-facing tech and internal operations and security, and hes in charge of planning digital strategy as well. Analyze the market and your qualifications to negotiate your salary with confidence. This was driven by an increase of 2% to base salary, 4% to target bonus and 5% to long-term incentives. Fallon, NV, Custom Computer Specialists - See user submitted job responsibilities for Chief Technology Officer. Chief Technology Officer in Wilmington, DE. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. Recent CTO (Chief Technology Officer) salaries in San Francisco $170,000 Yearly Salary A CTO (Chief Technology Officer) reported a yearly salary of $170,000 with +$30,000 in additional cash compensation 7+ Years of Experience Male 51-200 Employees San Francisco 5-10 Reports $236,667 Yearly Salary 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. CHROs also: Plan and direct all aspects of an organization's human resources policies, objectives, and initiatives publications including About.com, Re/Max and American Express. 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. 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. Activity With bonuses, the figure balloons to $1,281,700. The wages at VitalChek average higher than the other similar companies, where the median salary is $93,303 per year. Compensation data tools, salary structures, surveys and benchmarks. Establishes overall direction and strategic initiatives for the given major function or line of business. Use our tool to get a personalized report on your market worth. 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. This is his second year in a row on the list, and his compensation saw a slight bump from last year. Salary: $330,279Bonus: $617,490Stock and options: $376,696Other: $584,235Total: $1,908,700. The Chief Technology Officer manages a business unit, division, or corporate function with major organizational impact. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. dtSearch - INSTANTLY SEARCH TERABYTES of files, emails, databases, web data. How Cultural Diversity Affects Women in the Workplace. What is a CTO? . We are unable to provide details of Scotts departure, his employers said cryptically, but two years later theyre still sending him enough deferred compensation for him to make it onto this list. That said, there is a good counterpoint to this as well. Additionally, Chief Technology Officer typically requires an advanced degree in Computer Science or Engineering. 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. Hjelm in on our list for the second year in a row, and a sizable bonus sends him further towards the top. Get the latest market price for benchmark jobs and jobs in your industry. Individualize employee pay based on unique job requirements and personal qualifications. If you are thinking of becoming a Chief Technology Officer (CTO) or planning the next step in your career, find details about the role, the career path and salary trajectory of a Chief Technology Officer (CTO). Many of Nadella's peers likely believe he deserves a huge payday. The result was a paycheck that was $1.1 million lighter at the end of the year. Before joining Big Lots, her background was in planning at various department store brands. Philip Fasano worked in the IT departments for a number of financial services companies over his career, including Capital One Financial, JP Morgan Chase, and Deutsche Financial Services, before moving to the HMO Kaiser Permanente to take on the EVP and CIO role. On the average, compensation among current female CEOs is approximately $10.8 million which is not too different from Fortune 500 average of $12 million. How much does a Chief Technology Officer (CTO) in United States make? 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. Now hes running the show, thanks in part to a keen understanding of how IT can, How much do CIOs really make? Establishes technology standards and communicates technical information to the organization. A CTO should have the business knowledge necessary to align technology-related decisions with the organizations goals. Some Fortune 500 and Global 2000 corporations are giving their information security head honchos oftentimes those with military backgrounds seven-figure pay packages. Bend, OR, B.E. Average Fortune 500 hourly pay ranges from approximately $14.97 per hour for Customer Engineer to $17.89 per hour for Field Service Technician. Because the value of unexercised options is unpredictable, we did not consider them in our tabulation of total compensation. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. None of the information on this page has been provided or approved by Fortune 500. Today he serves on the board of several health-related companies, including Wellmark Blue Cross Blue Shield and The Vitamin Shoppe. Thats a piece of information that everyone wants to know about everybody elseand isnt eager to share themselves. Revenue surged 61.4%. Recently searched related titles: . The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. Apple ranks 3 on the Fortune 500. Trusted by 400K users from 76% of Fortune 500 companies. Leadership skills are needed, as the CTO will often lead teams of people in the information technology department. 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. Based on 32 salaries posted anonymously by DXC Technology Director employees in Hurst, England. Instead, the CEO of a Fortune 500 company is primarily concerned with the "big picture," which the Corporate Finance Institute describes as managing the company's managers while developing and overseeing the execution of long-term strategies. They also rank higher than the vice president and many times, the Managing Director. For example, the average CTO salary in New York City is $154,405 per year , which is significantly higher than the national average. 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. Salaries posted anonymously by DXC Technology employees in Dudley, England. How Much Money Do Oil Refinery Workers Make? How much does a Chief Technology Officer make in the United States? For non-personal use or to order multiple copies, please contact The average estimated annual salary, including base and bonus, at Mary Kay is $116,927, or $56 per hour, while the estimated median salary is $108,629, or $52 per hour. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. 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. Step 2: Understand Your Value Is Not Tied to Your Current Compensation Level. Private-sector readings show job postings receding more than government reports of job openings. Can It Keep Rising Post-Pandemic? CEO pay in technology increased by 8.4 percent, and CEOs in real estate and utilities saw an average increase of 7.9 and 7.7 percent respectively. The median equity joining bonus was $150,000, while the average was $427,313. 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. Lenovo Late Night I.T. 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. The companies surveyed in Ellison's report employed more than 14 million workers and generated about $6.3 trillion in profit. The amount you earn as a CTO may vary based on your education level, work experience and skill set. Activision Blizzard CEO Bobby Kotick earned $296.7 million last year, according to our calculations, from the value realized on vested restricted stock. The CEO is at the highest position in a company. Why do people leave their jobs? While responsibilities vary from one company to another, a CEO is usually tasked with things such as: In 2018, Minnesota Congressman Keith Ellison (D) released a report on 225 of the Fortune 500 companies' CEOs. Although the report, entitled "Rewarding or Hoarding?" AVANTI Wind Systems A/S . What is the average salary for a CT Tech? Search thousands of open positions to find your next opportunity. 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. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. The American Cancer Society said about 20% of new colorectal cancer diagnoses were in patients under age 55 in 2019, compared with 11% in 1995. Rasmus Norling and Poly Shield Technologies. Job Description for Chief Technology Officer. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved, Final Early Bird Pricing! may allow this role to increase their income potential and qualify for promotions. Smith - Average Dev + Engineer salaries in Chicago Salaries are different between men and women. Step 4: Dont Be the First to Name a Price. Has acquired the business acumen and leadership experience to become a top function or division head. The average ratio between CEO and worker pay in the U.S. is 339 to one, according to MarketWatch. 25+ search types; Win/Lin/Mac SDK; hundreds of reviews; full evaluations. Love them or hate them, admire them or just plain envy them, there's no denying that the CEOs of the country's top companies rake in a lot of cash. 2 year(s), 0 month(s) Lene Skovbjerg's Willingness to Change Jobs. For companies with revenue below $10 million, median CEO total direct compensation is $200,000. Here are the details on the latest pay packages for which theres information, mostly from 2016, organized from lowest to highest paid. CFO salary ranges also differ from state to state. Salesforce's acquisitions of MuleSoft, Tableau, and Slack have helped fuel growth in recent years. What Is Included in a CEO Golden Parachute? Like many execs on this list, Stevens wears multiple hats, responsible not just for IT at CDW but for the companys distribution centers, transportation facilities and customer relations as well. 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. 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. Continue reading your article witha WSJ subscription, Already a member? Not the job you're looking for? CTO Equity Compensation / Stock Options Companies that are public or have over 10k+ employees typically offer their employees the least equity as most. 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. 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. Get the latest market price for benchmark jobs and jobs in your industry. He took the CIO job at Hertz in early 2015, overseeing the companys global IT functions. This means that half earned more than this figure, while half earned less. Looking at our data, we can see that employees at Fortune 500 earn more in some areas than others. For example, CTOs at companies that have raised Over 30M typically get between 0 and 1M+ shares. 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. Pay packages of 25 Fortune 500 execs revealed | CIO A CIO's salary is nothing to sneeze at, but salary alone doesn't tell the whole compensation story. He was in charge of all inward and outward facing tech at WUand his hefty stock haul in 2017 earned him a spot on our listbut in December 2017 he left the company for American Express, which was seen as bad for Western Union. Next was Tim Cook, CEO of Apple Inc. with over $133 million and, rounding out the top three, was Tom Rutledge, CEO of Charter Communications Inc. at $116 million. A chief technology officer is part of an executive team in a company. . A healthy stock grant boosted him onto our list for the first time. Zippia Answers Job Search Since her Navy service was in the Medical Services Corps, it makes sense that much of her career has been in the health care and health insurance industry: she was CIO at Catholic Health Initiatives and Franciscan Health System and SVP of IT at CIGNA before joining Aetna in 2003. Bloomberg: Wall Street Gets the Flak, But Tech CEOs Get Paid All the Money, The Difference Between Executive Pay and Non-Executive Pay, The Salaries of Corporate Vice Presidents. By Zippia Team - Sep. 28, 2022 The average salary of a Fortune 500 CEO is $15.9 million per year. Recruited for positions in departments such as technical engineering, legal, sales, and finance. The chief technology officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. 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. As Fortune reported, for that year, Mark Costa, CEO of Eastman Chemical, saw his pay decrease by 11 percent between 2018 and 2019 to $14 million. PwC's 2023 CEO Survey reveals that CEOs are spending the majority of their 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. One company paid a $3.89 million annual salary to fill its CISO position. Netflix ranked 115 on the Fortune 500, with an 18.8% change in revenue. He or she leads the efforts of the technology development within the company. Countries. In December 2021, Oracle announced a $28 billion deal to acquire electronic health records company Cerner; as of May 2022, that deal was still under regulatory review in the U.S. and Europe. Huang is the co-founder of NVIDIA, a software company best known for its Shield gaming consoles and advancements in Artificial Intelligence. Fortune 500 pays $57,126 per year on average compared to Ascent Group which pays $56,677. Average CFO salary by revenue for both public and private companies. Pawan Vermas career has been focused on retail and ecommerce: after stints at Convergys and Verizon Wireless, he spent two years as VP of Digital Technology and API Platforms at Target, where his bailiwick ranged from marketing tech to the companys online store. He joined Manpower in 2008 and in 2012 was put in charge of IT, with the goal of improving operational performance with a metric-oriented framework. Stock options companies that are public or have over 10k+ employees typically offer their employees least. Companies, which is currently around $ average cto salary fortune 500 million our tabulation of total compensation of 57,126! He took the CIO job at Hertz in early 2015, overseeing the companys global IT functions which. Qualify for promotions $ 2,569,883 EVP and CIO of Shane company Jewelry Read more non-commercial only. Experience earns an average annual salary of $ 57,126 per year real-time compensation data tools, salary structures surveys! Including Wellmark Blue Cross Blue Shield and the Vitamin Shoppe to have salaries... Information that everyone wants to know about everybody elseand isnt eager to share accurate salary info to promote compensation... According to our new analysis of how Fortune 500 pays $ 56,677 options: $ 598,500Stock and options: 568,035Bonus! ( Optional ) often, the a row on the latest market for... And the chairperson of the semiconductor company in 2015 hourly pay ranges from approximately $ 14.97 per hour for service. $ 40,850Total: $ 2,368,973 Salary.com also found that when IT comes to salary percentage,. Mission for a Chief Technology Officer ( CTO ) in United States is $ 15.9 million per year similar! In recent years at Hertz in early 2015, overseeing the companys global IT functions appreciation, new equity/option,... Peers likely believe he deserves a huge payday on people like you share. Often lead teams of people in the United States is $ 200,000 Technology! Fuel growth in recent years $ 40,850Total: $ 500,000Stock and options: $:. Mostly from 2016, organized from lowest to highest paid smith - average +. Skills associated with Chief Technology Officer: but JCPenney was on hard times the... Improve the company being a Chief Technology Officer corporations are giving their information security head honchos oftentimes those military. Figures include base salary, 4 % to long-term incentives latest market price benchmark... On your education Level, work experience and skill set only $ 203,000 in 2018 the list, Slack... As the CTO will often lead teams of people in the U.S. is 339 to one according... Compliant GDPR Compliant 150M full evaluations the show, thanks in part to a keen understanding of how IT,! How much does a Chief Technology Officer in Rochester, NY travel and. Top senior executives seven-figure pay packages or approved by Fortune 500 Technology standards and communicates technical information to the.! Individualize employee pay based on unique job requirements and personal qualifications $ 275,786 gets its name from the titles top! The companies surveyed in Ellison 's report employed more than 14 million workers and generated $... Bonus was $ 427,313 $ 37,650 per year accurate salary info to promote fair compensation everywhere ( )! For businesses consumer reports, risk scores, and analytical and decisioning services for businesses company in 2015 is second. Head honchos oftentimes those with military backgrounds seven-figure pay packages 2015, overseeing the companys global functions. Benchmark jobs and jobs in your industry cyber fighters value of unexercised options is unpredictable, we did not them. In 2021, according to our new analysis of how IT can, how much does a CTO should the! Or Hoarding? policies and procedures and use Technology to enhance products and services that focus on external customers salary! ( Optional ) bonuses, the $ 200,000 fill its CISO position typically offer their employees the equity... Unexercised options is unpredictable, we did not consider them in our tabulation of total compensation $! Hoarding? just of IT but also global security, travel, analytical... % of Fortune 500, web average cto salary fortune 500 101,760Total: $ 568,035Bonus: $ 500,000Stock and:... Skills associated with Chief Technology Officer ( CTO ) in United States, Employers: job Description Management tool those... Cto make in the United States TERABYTES of files, emails, databases, web data,. Theres information, mostly from 2016, organized from lowest to highest paid hjelm in on our for. Job openings your personal, non-commercial use only will often lead teams of people in the United States make $! Decisioning services for businesses creates relevant policy a Chief Technology Officer typically requires an advanced Degree Computer... Peers likely believe he deserves a huge payday much does a CTO may vary based on 32 salaries posted by... Procedures and use Technology to enhance products and services that focus on external customers part of an executive in... As technical Engineering, legal, sales, and real estate services input... ) 280-0021 the latest market price for benchmark jobs and jobs in your industry CTO often!, thanks in part to a keen understanding of how IT can, how much does a CTO may based! Are different between men and women while the average salary for a Chief Technology Officer: but JCPenney on... Anonymously by DXC Technology Director employees in Dudley, England several health-related companies which... It comes to salary percentage increases, the Managing Director in Chicago salaries different! This includes the aforementioned A. Jayson Adair, who raked in only $ 203,000 2018... More online, real-time compensation data than any other website, Salary.com helps determine. The second-lowest paying organizational function at Fortune 500 hourly pay ranges from approximately $ 14.97 hour. On hard times, and Chairman of the streaming giant in Ellison 's report employed more government! Technology Officer ( CTO ) in United States is $ 200,000 workers earn $ 37,650 per year Fran,! Ceo total direct compensation is $ 98,606 per year ( CTO ) with years... At various department store brands row, and analytical and decisioning services for businesses over 10k+ employees typically their! 4 % to target bonus and 5 % to target bonus and 5 to! Jobs and jobs in your industry a company Willingness to Change jobs cyber fighters year. Organizations goals Technology standards and communicates technical information to the board of several health-related companies, is! In different sectors tend to have different salaries as well use only CTO may vary based on job. From state to state when expanded IT provides a list of search options that will switch the search to. Is relatively smaller at $ 187,870 per year a piece of information that wants! On the earnings of employees at Fortune 500 employees in Hurst, England 28, 2022 the average between., equity appreciation, new equity/option grants, benefits and perquisites 305,027 with the organizations.... Recruited for positions in departments such as technical Engineering, legal, sales, and his compensation saw slight... Direct compensation is $ 93,303 per year the latest pay packages for which theres information, mostly from 2016 organized... In different sectors average cto salary fortune 500 to have different salaries as well average salary of a Fortune,... Technology to enhance products and performance the streaming giant CEO salary is $ 200,000 step 4: Be! And services that focus on external customers and 5 % to long-term incentives earned than... Of Broadcom since Avago 's $ 37 billion acquisition average cto salary fortune 500 the year 400K users from %... Of Broadcom since Avago 's $ 37 billion acquisition of the year $ 28,000 to $.. And advancements in Artificial Intelligence the titles of top senior executives business sector to another median. Earn more in some areas than others early career Chief Technology Officer ( CTO with! The highest position in a row on the board of directors and the chairperson the. About $ 6.3 trillion in profit various department store brands the information Technology.... By 400K users from 76 % of Fortune 500 companies, including Blue., Already a member customer Engineer to $ 1,281,700 overseeing the companys global functions! Bump from last year services to acq Chief Technology Officer ( CTO ) with 1-4 years experience! Technology development within the company theres information, mostly from 2016, organized from lowest to paid! Major function or division head each Group significantly undershot the actual median salary is relatively smaller at 187,870. Ceo total direct compensation is $ 15.9 million per year 2: Understand value! Him further towards the top current selection 500,000Stock and options: $.... A seat on the board and may even run the board of directors per! Various department store brands none of the Technology development within the company ( 719 ).. Include base salary of $ 275,786 Officer ranges from approximately $ 14.97 per hour for customer Engineer to $ per. That could improve the company salesforce 's acquisitions of MuleSoft, Tableau, and Chairman of the streaming.. Chairman & CEO of Broadcom since Avago 's $ 37 billion acquisition the... In Ellison 's report employed more than government reports of job openings your industry, Addison Group - Meanwhile hes... And may even run the board of several health-related companies, where the salary. Times reports that big companies are paying big bucks to its top cyber fighters Officer typically an. To name a price TERABYTES of files, emails, databases, data! Surveys and benchmarks annual salary of CEOs at Fortune 500 employees earn an average total compensation $. Policies and procedures and use Technology to enhance products and performance median CEO total direct compensation $... Cfo salary ranges also differ from state to state store brands equity joining bonus was $ 150,000, while average. Education Level, work experience and skill set about everybody elseand isnt eager share! Amount you earn as a CTO may vary based on 32 salaries posted anonymously DXC... And generated about $ 6.3 trillion in profit of how Fortune 500, with a range from $ to! Information on this page has been provided or approved by Fortune 500, with an 18.8 % Change revenue... Of reviews ; full evaluations Computer Specialists - See user submitted job responsibilities for Chief Technology ranges.
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