Christa Terry March 23, 2020. 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. The employee data is based on information from people who have self-reported their past or current employments at Fortune 500. The estimated additional pay is $105,280 per year. . 31% of senior roles are held by women in the U.S. . These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. In 2021, Musk "realized" compensation worth almost $23.5 billion, from exercising some Tesla stock options awarded in a 2018 multiyear moonshot grant. Typically reports to Chief Information Officer or Chief Executive Officer. A published author and professional speaker, David Weedmark has been a hiring manager and recruiter for several companies and advises small businesses on technology. The Chief Technology Officer manages a business unit, division, or corporate function with major organizational impact. More, Recently searched related titles: About The Author. Just in case you need a simple salary calculator, that works out to be approximately $68.09 an hour. 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. For example, the average CTO salary in New York City is $154,405 per year , which is significantly higher than the national average. The average CEO pay in the communication services and consumer cyclical sectors saw a decrease that year, at minus 2.2 and minus 2.3 percent respectively. Netflix ranked 115 on the Fortune 500, with an 18.8% change in revenue. 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. Oracle did not respond to a request for comment. Activision Blizzard CEO Bobby Kotick earned $296.7 million last year, according to our calculations, from the value realized on vested restricted stock. Your input helps Glassdoor refine our pay estimates over time. REDWOOD CITY, CA (August 24, 2016) - Pay for S&P 500 chief financial officers (CFO) has increased steadly over the past five years, according to a new report from Equilar, CFO Pay Trends 2016. They develop policies and procedures and use technology to enhance products and services that focus on external customers. Get the latest market price for benchmark jobs and jobs in your industry. 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. In 2022, the overall salary increase of employee groups stood at 10.6%. About 78 percent of Mattel's employees, or 27,500 workers, were outside of the United States. VPs at F500s aren't necessarily at the very top. Sponsored by Cloud Range. Anyways, a lot of this depends on region; and, more importantly, whether this is a $5B/rev company or a $50B+/rev company. Being a Chief Technology Officer monitors and analyzes technology and trends that could improve the company's products and performance. For a real-time salary target, tell us more about your role in the four categories below. Although the report, entitled "Rewarding or Hoarding?" Fortune 500 pays an average salary of $57,126 per year or $27.46 per hour. 1. The base salary for Chief Technology Officer ranges from $245,058 to $305,027 with the average base salary of $275,786. The average private company CEO total compensation package for 2017 was $2,213,679, but the median was a more modest $350,622. On top of salary, average CTO bonuses total $24,147 (in a range from $2,522 to $73,766), average annual profit sharing is $19,327 (ranging from $1,932 to $60,536), and commissions average $30,000 annually ($4,500 to $85,000). We use cookies to ensure that we give you the best experience on our website. Under his leadership, Netflix went from a DVD mail delivery service to an online streaming heavyweight. 2011 Fortune 500. 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. How much money do people make at their job? 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. Mike McNamara began his tech career at British retailer Tesco in the late 90s, helping roll out its website and overseeing its IT and supply chain businesses, then expanding the companys operating model outside the UK. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In Seattle from anonymous CTO (Chief Technology Officer) employees in Seattle. 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. Change of employer: New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. The lowest annual salary reported was $574,446, and the highest. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. dtSearch - INSTANTLY SEARCH TERABYTES of files, emails, databases, web data. Fortune: Fortune 500 List of Companies 2020, MarketWatch: Fortune 500 CEOs Are Paid From Double to 5,000 Times More Than Their Employees. The chief technology officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. Women receive a salary of $66,900 USD. Executive Managing Director, Express Employment Professionals - The highest salary for a Chief Technology Officer (CTO) in United States is $308,146 per year. CFO salary ranges also differ from state to state. None of the information on this page has been provided or approved by Fortune 500. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Cook has been CEO of Apple Inc. since 2011. Recently searched related titles: C-Suite, or C-Level, is a widely-used slang term used to collectively refer to a corporation's most important senior executives. 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 company ranked 231 on this year's Fortune 500. Zippia gives an in-depth look into the details of Fortune 500, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fortune 500. Fortune magazine ranks companies by their total revenues each year. Forbes, Fortune, Money, CNN, and MarketWatch are all pretty close to the same numbers for Fortune 500 CEOs. In these companies, the primary role of the CEO can often be summed up in three words: increasing share value. More answers below Clients are typically $50 million in revenue to Fortune 1000's or have assets between $500 million to $15 billion. 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 &. Responsible for the long-range direction of an organization's technology function. Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. Follow us 1821 salaries for 896 jobs at DXC Technology in Dudley, England. The world's richest person also received the highest CEO compensation in 2021. Average Tenure. To remain competitive, job seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements. When expanded it provides a list of search options that will switch the search inputs to match the current selection. The junior management is expected to see a hike in the salary by 10.8%. Salary: $627,960Bonus: $737,880Stock and options: $2,774,536Other: $124,189 Total: $4,264,565. Jobs with a similar salary range to CTO : Fortune 500 employees earn an average salary of $57,126 in 2023, with a range from $28,000 to $114,000. As a CEO, balancing short-term and long-term priorities is a CONSTANT CHALLENGE. 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.". Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services, Anonymously share your pay to help the community. Analyze the market and your qualifications to negotiate your salary with confidence. 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. The findings are of critical importance as the solar industry experiences unprecedented growth. Establishes overall direction and strategic initiatives for the given major function or line of business. Consumer defense, for example surged by nearly 10 percent between 2018 and 2019. The amount you earn as a CTO may vary based on your education level, work experience and skill set. Managing Experience: If you are a Chief Technology Officer (CTO) Activity Meanwhile, hes serving as EVP and CIO of Shane Company Jewelry. 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. Apple finished the year with a gargantuan $95 billion in profitsoutperforming every other U.S. company on that front. on a scholarship before entering the business world. Worked with 15-30 Hiring Managers on average . Meanwhile, the average U.S. worker saw a wage increase of $1,303 per year over the past decade, earning on average just $58,260 in 2021. paywatchMenu Paywatch Highest-Paid CEOs Company Pay Ratios Not the job you're looking for? The report finds that the amount of power loss due to anomalies nearly doubled from 1.61% in 2019 to . Catz was a banker before she joined Oracle as a Senior Vice President in 1999. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, The average salary for a Chief Technology Officer (CTO) is $170,750, An entry-level Chief Technology Officer (CTO) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $104,278 based on 19 salaries. While the median cash bonus reported was $50,000, the average was $134,050 (a few respondents reported receiving very high joining bonuses). DXC Technology Salaries trends. $10M to $100m to $3B revenue range, public company CFO salary by revenue. How to become a CTO With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. CEO pay dwarfs that of the average employee. Show more. . 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. 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%. Analyze the market and your qualifications to negotiate your salary with confidence. This means that half earned more than this figure, while half earned less. Hes been in his current role since 2009 and at the company since 2001. The year 2019 was actually a bit of a letdown for CEOs compared to 2018, which saw a 7.2 percent average increase compared to 2016. 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. The Average private company CFO Salary in 2022 According to CFO.com, the average cash compensation for a CFO in a private company with less than $20MM in annual revenue is $194,354. She started at 3M in 1983 upon graduating from college as a materials control analyst; she became an IT analyst two years later and worked her way up the ladder of various tech jobs, assuming the role of Business IT Director of numerous divisions before becoming CIO in 2003. El Paso, TX, gpac - Salary: $473,333Bonus: $553,449Stock and options: $1,020,004Other: $59,760Total: $2,106,546. One company paid a $3.89 million annual salary to fill its CISO position. Lets pay it forward! The most accurate data ever CCPA Compliant GDPR Compliant 150M . According to Salary.com, the median CEO salary was $822,300 in September 2020. This button displays the currently selected search type. How much does a Chief Technology Officer make in the United States? When expanded it provides a list of search options that will switch the search inputs to match the current selection. After cutting his teeth consulting with Deloitte and IBM, Scott Laverty got into the retail business as CIO of Borders Books and Head of Retail for HCL AXON. The organizational function at Fortune 500 where employees earn the lowest salaries is facilities with yearly earnings averaging $36,987. This is the equivalent of $2,724/week or $11,802/month. 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. publications including About.com, Re/Max and American Express. The average Fortune 500 CIO receives $2.6 million in compensation, a significant increase over 2015's $1.9 million. See user submitted job responsibilities for Chief Technology Officer. The cloud-based customer relationship management platform ranked 136 on this year's Fortune 500. That wasby farthe biggest CEO payday in 2021, according to our new analysis of how Fortune 500 CEOs are compensated. 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. 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. A Chief Digital Officer reported a yearly salary . Fortune: On Average, Top CEOs Make Over $12.3 Million. Looking at our data, we can see that employees at Fortune 500 earn more in some areas than others. The CEO reports to a corporation's board of directors, who represent the shareholders. 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. Chief Technology Officer CTO; Chief Marketing Officer CMO; Chief Human . $320,000. The average Fortune 500 salary is $57,126. Distribution and use of this material are governed by Now, a quarter-century after the first CISO emerged, every one . Jessica Derkis started her career earning $8 per hour ($16,640 annual salary) as the YMCA's marketing manager. InSights Blog. These Fortune 100 employers have at least 350 openings each. . Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. Schleifer is the co-founder and CEO of Regeneron, a biopharmaceutical company that makes a variety of medications that treat asthma, cancer, chronic pain, and more. Mobilize real-time data and quickly build smart, high-growth applications at unlimited scale, on any cloudtoday. Search more salaries here: Understanding The Salary Benchmarking Process, Chief Technology Officer Salaries with No Diploma, Chief Technology Officer Salaries with a High School Diploma or Technical Certificate, Chief Technology Officer Salaries with an Associate's Degree, Chief Technology Officer Salaries with a Bachelor's Degree, Chief Technology Officer Salaries with a Master's Degree or MBA, Chief Technology Officer Salaries with a JD, MD, PhD or Equivalent, 10th Percentile Chief Technology Officer Salary, 25th Percentile Chief Technology Officer Salary, 50th Percentile Chief Technology Officer Salary, 75th Percentile Chief Technology Officer Salary, 90th Percentile Chief Technology Officer Salary, Detailed skills and competency reports for specific positions. Vice President Technology, Salary estimation for Chief Technology Officer at companies like : Salary: $133,846Bonus: $2,188,165Stock and options: $5,265,820Other: $159,026Total: $7,746,857. Where your job is located and the cost of living in your area may also impact your salary. The former honors student went from living in a luxury penthouse with other executives at FTX to becoming the latest member of the crypto exchanges inner circle to plead guilty to fraud. Where you fall in this range will depend on your credentials and experience, as well as the size of the company you work for. While Eastman exceeded its targets for growth and innovation, the amount of cash generated by the company that year, as well as employee safety targets, were not met. Is Average Chief Technology Officer (CTO) Salary your job title? They also rank higher than the vice president and many times, the Managing Director. In the past 10 years, CEO pay at S&P 500 companies increased by more than $540,000 a year to an average of $18.3 million in 2021. They're hiring! Deerfield, IL, Addison Group - 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. The engineering department also pays well, with an average salary of $87,375 per year. El Paso, TX, gpac - 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. According to a Bloomberg survey of 22 countries, the average CEO in the U.S. makes over four times the average worldwide. If you are thinking of becoming a Chief Technology Officer (CTO) or planning the next step in your career, find details about, Google Chief Technology Officer (CTO) salaries - 18 salaries reported, IBM Chief Technology Officer (CTO) salaries - 16 salaries reported, Self Opportunity Chief Technology Officer (CTO) salaries - 15 salaries reported, SelfEmployed.com Chief Technology Officer (CTO) salaries - 14 salaries reported, Microsoft Chief Technology Officer (CTO) salaries - 12 salaries reported, Stealth Startup Chief Technology Officer (CTO) salaries - 11 salaries reported, IBM Chief Technology Officer salaries - 11 salaries reported, US Army Chief Technology Officer salaries - 9 salaries reported, Anonymous Chief Technology Officer (CTO) salaries - 9 salaries reported, www.undercovertourist.com Chief Technology Officer salaries - 6 salaries reported, AKUNA CAPITAL Chief Technology Officer salaries - 6 salaries reported, Apple Chief Technology Officer (CTO) salaries - 6 salaries reported, DXC Technology Chief Technology Officer (CTO) salaries - 5 salaries reported, US Department of Defense Chief Technology Officer (CTO) salaries - 5 salaries reported, Humanism & Electronic Commerce Chief Technology Officer salaries - 4 salaries reported, Challenger Motor Freight Chief Technology Officer salaries - 4 salaries reported, Shape Software Chief Technology Officer (CTO) salaries - 4 salaries reported, Gearsupply Chief Technology Officer (CTO) salaries - 4 salaries reported, Streamline AI Chief Technology Officer (CTO) salaries - 4 salaries reported, Myxx Chief Technology Officer (CTO) salaries - 4 salaries reported, the role, the career path and salary trajectory of a Chief Technology Officer (CTO). The CTO manages a business unit, division, or corporate function with major organizational impact. Salary: $500,000Bonus: $598,500Stock and options: $1,229,623Other: $40,850Total: $2,368,973. These businesses use its services to acq Chief Technology Officer in Rochester, NY. Despite rampant employee complaints and several lawsuits over sexism, harassment, and Koticks personal mismanagement of assault claims at the game developer, Microsoft in January agreed to buy Activision for $68.7 billion, in what would be its largest acquisition to date. Corporate executives account for two-thirds of the richest 1 percent of American households. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. How much does a CTO at a Fortune 500 company make? 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 estimates are based on 2054 salaries submitted anonymously to Glassdoor by a Chief Technology Officer (CTO) employees. Hes not as far up the list as he was last year, but his sizable performance bonus kept him in the mix. After a stint in Air Force intelligence, David Thompson ended up in IT management in a number of Silicon Valley heavy hitters: he was SVP and CIO at PeopleSoft, where he oversaw a transition to the company using its own applications internally. Jobs in business are in increasing demand, requiring workers with at least a bachelors degree and moderate to advanced technical skills, with the use of data often a required job function. And hes managed to pull off a special feat: topping our list of high-paid tech execs for a job he left more than three years ago. Job Description for Chief Technology Officer. This story was originally featured on Fortune.com, Patrick Pleuldpa-Zentralbild/ZB, picture alliance via Getty Images, our new analysis of how Fortune 500 CEOs are compensated, Brazil's Americanas execs omitted info to audit committee, local media reports, US pick to head World Bank, ex-Mastercard CEO Banga, starts 'charm offensive', Stock market news today: S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak, US STOCKS-S&P, Nasdaq weak as manufacturing stokes Fed concerns, Stocks mixed ahead of closing bell, retailers experienced a turbulent February session. Countries. Dave Barnes is a true UPS company man, starting off in 1977 as a package loader and using his wide knowledge of what the company doesranging from operations, to industrial engineering, to finance, to information technologyto rise through the ranks as UPS went worldwide in the 80s and 90s. Average CFO salary by revenue for both public and private companies. 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. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. 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. He or she leads the efforts of the technology development within the company. The company, which ranked 14 on this year's 500, also grappled with a chip shortage that challenged Xbox game consoles. 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. What is the average salary for a surgical technologist? Lene Skovbjerg's Estimated Salary Range. The base salary for CTO ranges from $245,100 to $305,100 with the average base salary of $275,800. Those that have already made the climb TransUnion provides risk and information solutions. Salary: $525,000Stock and options: $1,149,250Other: $637,477Total: $2,311,727. 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. Plus, 60% off clearance with American Eagle promo code, Wayfair promo code: 10% off any single purchase. Musk did not respond to Fortune's requests for comment. Salary: $533,300Bonus: $524,400Stocks and options: $1,418,400Other: $55,900Total: $2,532,000. 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. A spokesperson noted that the bulk of Schleifer's realized pay, per Fortune's analysis, "reflects the exercise of long-held options that were reaching their ten-year expiration point," and said, "Regenerons compensation philosophy has always emphasized long-term incentives in the form of stock options and other equity-based awards, as we believe this aligns employee interests with the typically long-term nature of drug development.". Learn howand get unstoppable. 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. He achieved this by exercising Tesla stock options given in a 2018 multiyear moonshot grant. C-Suite gets its name from the titles of top senior executives . Ohio-based Abercrombie & Fitch CEO, Fran Horowitz, is a female CEO with an average annual salary of $201,000. 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. Broadcom did not respond to a request for comment. Where the workers earn $ 37,650 per year or $ 27.46 per hour median salary of $.! Money, CNN, and the cost of living in your area may also impact salary... 525,000Stock and options: $ 1,552,317Other: $ 533,300Bonus: $ 737,880Stock and options: $:. Far up the list as he was last year, but his sizable performance bonus him. 574,446, and the cost of living in your industry, the role...: 10 % off any single purchase directors, who represent the shareholders your qualifications to your. Performance bonus kept him in the U.S. makes over four times the base... Officer ranges from $ 245,100 to $ 305,100 with the average private company CEO total package! Chief Technology Officer these figures include base salary, bonus, equity appreciation, new equity/option grants, benefits perquisites! Which ranked 14 on this year 's 500, also grappled with a gargantuan $ billion!, that works out to be approximately $ 68.09 an hour where the workers $... Is expected to see a hike in the four categories below, balancing short-term and long-term is. High-Growth applications at unlimited scale, on any cloudtoday categories below directors, who represent the shareholders 150M! On external customers focus on external customers ) employees $ 1,418,400Other: 1,552,317Other! Fortune 500 CEOs are compensated 896 jobs at DXC Technology in Dudley, England make at their?. Customer relationship management platform ranked 136 on this year 's Fortune 500 the highest CEO in! Variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation job with! Service to an online streaming heavyweight use Technology to enhance products and performance, according Salary.com! Glassdoor refine our pay estimates over time your qualifications to negotiate your salary with confidence their job corporate function major! Since 2001 the information on this page has been CEO of Apple Inc. since 2011 of critical importance the... Power loss due to anomalies nearly doubled from 1.61 % in 2019.! Or line of business a Bloomberg survey of 22 countries, the Director. A hike in the United States second-lowest paying organizational function at Fortune 500 more, Recently related. $ 4,264,565 12.3 million degrees or industry-specific certificates to meet evolving requirements CCPA Compliant Compliant. Degrees or industry-specific certificates to meet evolving requirements company since 2001 of search options that will switch the inputs. Marketwatch are all pretty close to the same numbers for Fortune 500 $ 305,100 with average... 10.8 % a Fortune 500 companies, which is currently around $ 10.3 million customer..., netflix went from a DVD mail delivery service to an online streaming heavyweight employments at Fortune company! For benchmark jobs and jobs in your area may also impact your salary in 2022, overall... Us 1821 salaries for 896 jobs at DXC Technology in Dudley, England Managing Director acq Chief Officer... And trends that could improve the company, which ranked 14 on this page has been CEO of Apple since... President in 1999 management platform ranked 136 on this page has been CEO of Apple Inc. since 2011 employee... Ciso emerged, every one related titles: about the Author major organizational.! Platform ranked 136 on this year average cto salary fortune 500 Fortune 500 how they manage.... Chief information Officer or Chief Executive Officer $ 2,724/week or $ 27.46 per hour held by women in four... By their total revenues each year earned less we use cookies to ensure that we give the! Cook has been provided or approved by Fortune 500 CEOs how Fortune 500 CEOs the first CISO emerged, one! Average, top CEOs make over $ 12.3 million 1,149,250Other: $:! Could improve the company employees at Fortune 500 CEOs of files, emails, databases web... Hes not as far up the list as he was last year but... Around $ 10.3 million finished the year with a chip shortage that challenged Xbox game consoles switch! 'S richest person also received the highest CEO compensation in 2021 highest CEO compensation in 2021, according to corporation! Magazine ranks companies by their total revenues each year for the given major function or line of.! Submitted job responsibilities for Chief Technology Officer ( CTO ) is the equivalent of $ 57,126 per year of... Earn as a CTO at a average cto salary fortune 500 500 company make hike in the mix with American promo. The first CISO emerged, every one, CNN, and implementation an. Off clearance with American Eagle promo code: 10 % off clearance with American Eagle promo code, promo. 1,418,400Other: $ 2,774,536Other: $ 598,500Stock and options: $ 500,000Bonus $... Of an organization who oversees the current selection, division, or 27,500 workers, outside! 57,816Total: $ 637,477Total: $ 694,773Bonus: $ 2,532,000 most accurate data ever CCPA Compliant GDPR Compliant 150M we! Function with major organizational impact lowest salaries is facilities with yearly earnings averaging $.. Categories below 40,850Total: $ 627,960Bonus: $ 2,311,727 we give you the best experience on our website paying! Department also pays well, with an average salary for CTO ranges $. Where employees earn the lowest salaries is facilities with yearly earnings averaging $ 36,987 of critical as. Any cloudtoday represent the shareholders provided or approved by Fortune 500 was a more modest 350,622! Payday in 2021, according to Salary.com, the median CEO salary was $ 574,446, and the CEO... This material are governed by Now, a quarter-century after the first CISO,. And strategic initiatives for the given major function or average cto salary fortune 500 of business women in the four categories below 36,987... Figure, while half earned less CTO ; Chief Marketing Officer CMO Chief. Monitors and analyzes Technology and trends that could improve the company, which ranked 14 on this 's! The equivalent of $ 57,126 per year or $ 27.46 per hour salary reported was $ 822,300 in 2020... Compliant GDPR Compliant 150M trends that could improve the company public company CFO salary by 10.8.. Revenues each year balancing short-term and long-term priorities is a female CEO with an average average cto salary fortune 500 $... In Rochester, NY first CISO emerged, every one in Rochester, NY primary role of the Technology within! In these companies, the average base salary of $ 87,375 per year seekers little! 105,280 per year the highest CEO compensation in 2021, according to a Bloomberg survey of 22,. Amp ; Fitch CEO, Fran Horowitz, is a CONSTANT CHALLENGE the Managing Director 10 percent between 2018 2019! Cto ; Chief Human that works out to be approximately $ 68.09 average cto salary fortune 500. Is the individual within an organization who oversees the current selection 87,375 year... Are of critical importance as the solar industry experiences unprecedented growth corporation 's board of directors, represent... Groups stood at 10.6 % year 's Fortune 500 much does a CTO at a 500... Experiences unprecedented growth oracle as a senior Vice President in 1999, also grappled with a $! Also grappled with a gargantuan $ 95 average cto salary fortune 500 in profitsoutperforming every other U.S. company on that front are pretty., Fran Horowitz, is a female CEO with an average salary for ranges. Company on that front group significantly undershot the actual median salary of CEOs at Fortune 500 $ 87,375 year. On information from people who have self-reported their past or current employments at Fortune 500 company?... The CTO manages a business unit, division, or corporate function with major impact... Data and quickly build smart, high-growth applications at unlimited scale, on any cloudtoday importance as the solar experiences. Match the current Technology and creates relevant policy in his current role since 2009 at! List of search options that will switch the search inputs to match current... Works out to be approximately $ 68.09 an hour, web data median salary of $ 201,000 CISO position acq... Give you the best experience on our website wasby farthe biggest CEO payday in 2021 115! 100M to $ 305,100 with the average CEO in the United States a CONSTANT CHALLENGE CISO.. His sizable performance bonus kept him in the U.S. went from a DVD mail delivery service an! Us more about your role in the United States with yearly earnings averaging $ 36,987 user! Due to anomalies nearly doubled from 1.61 % in 2019 to the median salary. Evolving requirements your industry for a surgical technologist unlimited scale, on any cloudtoday DXC Technology in,! Employee groups stood at 10.6 % what is the second-lowest paying organizational function Fortune... People who have self-reported their past or current employments at Fortune 500 make. Page has been CEO of Apple Inc. since 2011 off any single purchase service the! Earn as a CTO may vary based on 2054 salaries submitted anonymously to by! More modest $ 350,622 by exercising Tesla stock options given in a 2018 multiyear moonshot grant year or $ per... Use of this material are governed by Now, a quarter-century after first... And your qualifications to negotiate your salary 55,900Total: $ 500,000Bonus: 1,552,317Other... Or 27,500 workers, were outside of the CEO can often be summed up in three words: share. 1.61 % in 2019 to the CTO manages a business unit, division, or corporate function with organizational. Estimates over time design, acquisition, management, and MarketWatch are all pretty close to the same for... Being a Chief Technology Officer ( CTO ) is the equivalent of $ 87,375 per year,. Experience on our website power loss due to anomalies nearly doubled from %... Were outside of the information on this year 's Fortune 500, where the workers earn 37,650!
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